How it Works?The company known as Reader is slowly rising to the top on taking everyday transactions. The merchant or just a simple individual must create an account on their website with all their personal information and then they are mailed a magnetic card swipe reader free of charge. With the use of any smartphone or tablet, they can connect that card reader and begin charging for anything they sell. All the money is later securely deposited into their bank accounts. The LoopWith every great innovation comes a loop. The company charges a percentage for every transaction processed. Although it is not much, it still affects the individual because everyone wants all their money and nothing to be taken from them.