Any business that want to transact and take payments will benefit from having a chip and pin machine. In the cashless society we are living in today businesses understand they much accept card payments. A chip and pin machine allows your business to process payments efficiently and securely in person, on the go or over the telephone.
Chip and pin machines work much like the checkout person at the grocery store: while they handle the customer’s credit card and process the transaction, they don’t hand over the funds to you themselves. Rather, chip and pin machines work by transferring a credit card’s information through a secure network. The issuing bank receives the request for the transfer of funds from the credit cards account to the merchant account. The request is then approved (as long as the credit card is active with available funds), the funds are then transferred from the issuing bank to the merchants bank account, via a network that is setup through a merchant account.
Chip and Pin card machines are in very high demand and are a must for any business that want to take payments! Unless a business is using the internet as a means of processing credit card transactions via an online payment gateway a chip and pin machine is needed to handle transactions. Millions of businesses worldwide use chip and pin machines to ensure they never lose out on customers. The top chip and pin machines manufacturers include Verifone, Hypercom and Ingenico. Recently mobile chip and pin machines for small businesses have become popular and are provided by companies such as Izettle, Sumup, Paypal Here and Square.
While most chip and pin readers look alike, not all of them are alike in how they function! The most basic of chip and pin machines simply process credit cards with no fancy features. Higher end chip and pin machines come with plenty of capabilities such as accepting contactless payments, offering customer cash back and refund as well processing gift cards. Today’s chip and pin machines are better than ever, with the ability to run on batteries, connect to wireless networks, transmit information in just a few seconds, and even accept payments with the use of your mobile or tablet device.
If your business plans on accepting credit card payment you will need chip and pin machine. Card machines are cost effective, affordable and durable. Without the use of credit card machine solution, you may turn away valuable sales and customers, and give the impression of cheapness and inconvenience. Today’s consumers seek convenience and efficiency wherever they can find it. Your business should definitely jump on the bandwagon and accept card payments through a chip and pin credit card terminal.
Verifone is a very well known brand in the credit card and merchant account industry. Their credit card machines have been manufactured and in use for about twenty-five years, and they are the industry standard. Time and time again Verifone has proved that their company and products can stand up to the test of time in regards to technology and usage. They card machines are easy to use and their reliability provides ease of mind to merchant account providers who distribute Verifore products to their customers. Verifone is a great choice for customers who want a cost effective way of accepting card payments.
An independent provider of point of sale hardware and software solutions. Spire has 30 years of experience in the payments industry and uses this to bring innovative solutions to the market. They serve many sectors ranging from finance, to retail and hospitality. Their product range include countertop, portable and mobile terminals as well as pin pads.
Spire credit card machines, which are just one type of equipment that Spire manufactures, include countertop machines, handheld, mobile machines, multi-lane machines which are great with quick and foolproof card swiping and transaction processing, pin pads for merchants to be able to accept debit cards, and networking and related software. All Spire credit card machines include the same basic functionality of being able to process a credit card transaction and produce a simplistic receipt. More expensive models of Spire credit card machines are able to process debit cards, checks and even gift cards, and many can do so wirelessly, and with the use of a few batteries. Spire credit card machines can also do read-outs and print-outs of last transaction, specific transactions, and overall history for X amount of days or even months.
Hypercom provided card payment machines solution. In 2011 they were acquired by Spire Payments.
PAX is a worldwide provider of electronical payment terminal solution. They provide both android and lunix powered payment terminals to merchants. They serve over 100 countries and have 25 million terminals in use worldwide.
Ecommerce has made such an enormous impact on the way businesses are conducted in the 21st century. With the advancement of technology, more and more businesses are have an online website where they take card......
Take quick and easy card payments over the counter. Accept secure card payments over the counter with the desktop card machine. If you wish to accept payments from a stationary location this is the perfect......
A PDQ terminal is the actual machine that processes credit card transactions. A business goes through several steps before acquiring this machinery in order to become a merchant. The most common place for these machines......
