3rd December 2009
Credit debit card machines are just like credit card machines however they also process debit cards. These machines are a must have for any merchant. When a customer enters a business, the likelihood of them actually having cash in their pocket is a lot slimmer than it used to be.
The options when purchasing these machines seems like a never ending line-up of technology. From terminals, pin pads, printers, and other processing software it can get confusing. That is why if you decide to utilize credit and debit card processing you should go with a professional merchant account provider.
These companies can offer your business the most up to date technology without any of the hassle. Going into accepting card transactions without advice is like starting up your own business without speaking with an accountant. It might succeed but the odds are against it. Credit debit card machines are a fast-evolving technology that is quickly being embraced by the retail community.
Depending on what a merchant wants, the company who provides the merchant account may know better about having two separate accounts on two different terminals or two separate accounts being processed by the same terminal. There are several different things to think about when processing credit and debit cards.
Deciding what type of machines that your business will need is the first step. With many styles of processing equipment the choices are determined by what type of products or services you intend to sell. For instance there are three basic types of terminals: traditional, wireless, and virtual. Each of these types of terminals is vital for credit debit card machines to work properly in their environment.
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.
The final option when looking for credit debit card machines is the virtual terminal. This type of payment machine is used to process these transactions is a bit different because these terminals can accept payment via the internet or telephone. 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.
Now that credit cards and debit cards can be processed using the same PDQ machines, it is very important for merchants to purchase the right credit debit card machines. The days of only using selected cards or paper money are done!