Best Mobile Credit Card Readers in April 2022 – Forbes Advisor


Square POS is a free-to-use mobile point-of-sale solution that includes a free mobile magnetic stripe reader. You can buy a mobile chip reader for $49 to accept contactless payments in person or online. You only pay a fixed processing fee for each transaction. Square POS includes inventory management, low stock alerts, email and SMS receipts, and sales reports. It’s one of our favorite credit card readers for Android and iOS for its affordability, features, and ease of use.

You can use Square POS to manage cross-channel sales, so you can sell online and in person with no monthly fees. POS software syncs your online and in-person sales, so you can accept payments from your website or mobile app with the reader. Transaction fees vary depending on how you accept payments.

  • In-person transaction fees: 2.6% + rate of $0.10
  • Online transaction fees: 2.9% + $0.30 rate
  • Transaction fees entered: 3.5% + $0.15 rate

Square is easy to use, and with just the free magnetic stripe reader, you can start accepting payments with no upfront cost. In order to accept Apple Pay or chip cards, you’ll have to shell out upwards of $49 for the EMV reader, but it’s still one of the more affordable options.

There are some limitations to using Square as a mobile credit card reader and point of sale. Support is only available 24/7 for customers on a paid plan. POS software lacks important features, such as purchase orders and vendor management. For these features, you will need to upgrade your plan.

Who should use it: Square is great for new businesses starting out. It’s easy to start accepting payments immediately and for free, online or in person, with Square’s free magnetic stripe reader. You only pay a processing fee on each order.


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