Credit Card Terminal Purchasing Advice & Buyer's Guide

The Need for Credit Card Terminals
Credit card terminals are not very expensive, but they do have a great impact on your business. Because most people prefer to pay with a credit or debit card, businesses without credit card terminals are at a disadvantage. Accepting credit cards by use of the old carbon-copy method, or even with older terminals that require you to key in the account number and amount of transaction....
Types of Credit Card Terminals
Credit card terminals come in three main varieties (with printers or not): traditional, wireless, and software-based (virtual). Most of these terminals have similar functions, as well as basic features....
Credit Card Terminal Printers
Receipt printers are necessary for the generation of signature slips and receipts. They come either built in to your terminal or separately. There are two main types of printer: thermal and dot matrix. Think about your needs, and determine what best suits your business needs based on reliability, cost, and speed. Also take into account paper loading method. Many printers now feature “drop-in” loading...
Credit Card Terminal Features
Acceptance of debit cards is one of the most desirable features of any credit card terminal. This requires a way for customers to enter their personal identification numbers (PIN). You can use a terminal that allows customers to swipe their own cards and enter their PINs on the keypad, or you can choose models that come with separate PIN pads. These separate pads allow you to keep the terminal behind the counter...
Equipment Pricing for Credit Card Terminals
HFor the most part, purchasing a credit card terminal represents a rather small cost to your business. It is likely to last up to five years or more, and when you are ready to buy a new one, it is possible (if you make use of merchant account provider terminals) to turn it in for a small credit...
Additional Terminal Tips
There are many places to purchase credit card terminals. Most merchant account providers offer them, and this can be very useful if you like the models available. The units come pre-programmed, and you may get a break since many providers use it as an incentive on which a long-term relationship can be founded. Many account providers will also keep you updated on new products and offer decent service and fair return policies...
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