Different Terminals for Different needs:
Once we determine what will suit you best, we can offer a wide-range of Credit Card Terminals to suit your business best. Many of our customers use the Verifone VX520, which can now be set up to use wifi, connect to an Ethernet outlet, or plug into a land line telephone port. No matter what your business is set up to do, we can figure out which Credit Card Processing machine is will work best for you.
When to use a Terminal unit?
Typically, if you have a brick and mortar retail store or a snack shop that doesn't require inventory management or recurring billing, then a terminal may work best for you. You can keep it right next to the cash drawer, put in the desired total and run credit card transactions through it. This is not only a functional way to take credit card payments, but it's also inexpensive. It allows payments to be swiped quickly and also allows for the receiving of chip reader cards, which, by now, most cards are set up to be. Another example of a terminal like the VX520 is the Ingenico iCT 250. It additionally offers contactless payment.
This is a new, handheld terminal by Clover. You can use it as a stand alone device or use it in the system along with the Clover Station. This little wonder can do more than just accept payment. It can handle different apps offered by clover that allow for loyalty programs and gift cards. It can print a receipt right there for the customer. No going back and forth to the plugged in machine. It allows a customer to sign with their finger. It can also handle payments from Apple pay and others like it. It costs a bit more than a typical Verifone terminal, but has some additional features. If you want to take payments from anywhere there is a wifi connection, this is the best option.
Terminals with Chip readers:
What is the advantage in taking cards with Chips? For you, the business owner, it can make a large difference. If you are in an industry with a large charge-back ratio, the chip can really help. When taking credit card payments, if a customer puts in a chip card, if they go to dispute the transaction later, whether with good intent or bad, they will be asked if they still have their card physically present. If they do, it is known that only they could have made that transaction with the chip card and there can be no charge back to you the merchant. Basically the chip reader ensures a physical card is present for the transaction, so if the customer still has the card, it is evidence they made the transaction. You, the merchant, are given the benefit of the doubt.
If they just swiped the card, they could still deny it and the burden of proof rests on you, the business owner, and you must provide sufficient evidence they made the transaction in order to get your funds back. That chip reader can save you a lot of headache.