3rd December 2009
Credit card terminals often come with a merchant account. When a
business decides that they wish to accept credit cards they should
always do their research and check which company offers the best deals
for what they wish to provide. These merchant account can often times
be found for free.
In today’s society it is very common to see these terminals everywhere
you go. Businesses must accommodate their customer base by offering
many options when paying for their products. A business without the
ability to process credit cards is like a movie theater without
tickets, it’s just not practical.
One of the main reasons for utilizing credit card terminals is the
security. Using a terminal is the most secure way to process these
cards accurately and efficiently. A secondary reason is the cost,
which is not as expensive as you would think.
A business can add terminals quickly and be up and processing payments
cards in nearly no time. This process helps small businesses as well
as larger businesses grow. Using a payment card at a retailer allows
the customer to keep track of their purchases accurately which is a big
Most people prefer to pay a retailer using their cards because it is
much easier then dealing paper money. Simply swiping a card and
processing the transaction makes the sale pleasant for both the
merchant and customer. Because of this companies who do not offer
credit card processing are at a major disadvantage to their rivals who
When a business chooses to accept credit cards and they are ready to
purchase equipment they must first choose a company that will satisfy
their needs. Once that company is selected the business will need to
determine what type of terminal they are looking for. There are three
basic types of credit card terminals. These are traditional, wireless
Traditional terminals need to be plugged in to and are usually used for
counter services or face to face interaction. With a keypad and
display for the customer to use it is very functional for any retail
store. In most case with a traditional terminal the business will need
to use a printer for supplying the customer with receipts.
Wireless terminals are becoming more common as they are used at events
or temporary situational sales. Just as you might guess the advantage
here is that the terminal does not need to be plugged in and becomes
somewhat mobile. While the practicality of a wireless terminal seems
obvious the price difference can turn some businesses away.
Virtual terminals are a must for the online retailer. These terminals
can also accept payment via the internet. Sales on the internet have
reached all-time highs and any business that is serious about potential
growth must seriously consider these types of terminals. These
terminals are very easy to combine with other terminals and therefore
have come to the forefront of the credit card processing business.
It has become very common for credit card terminals and PDQ Machines to accept debit
cards as a type of payment also. With all of these factors it seems
obvious that any merchant who wishes to survive needs to not only
utilize but embrace this type of credit card processing.