Choosing the Best Credit Card Terminals for Your Business

Many merchants face the situation of sifting through numerous credit card machine choices, looking for a pos terminal that works with their business. There are numerous various types of credit card terminals to choose from, and you need one that’s going to assist your business work the most efficiently.


Choosing a suitable payment processing terminal will not only aid to lower your processing costs, but it’ll also improve your profits. Let’s take a glance at some credit card terminals and the kinds of businesses that best match their features.



Explore more to find out Would you like a Countertop or Mobile POS Terminal?



Traditional Retail Credit Card Terminals


Businesses such as retail shops or cafes entangle face-to-face interactions with your customers, therefore your credit card transactions with them are solely in-person. These are directed to as “card-present” transactions, which just means the cardholder and credit card is physically present at the time of sale. For this kind of transaction, your most suitable payment terminal option would be a countertop point-of-sale (POS) model.

Countertop credit card terminals enable you to swipe your customers’ credit cards through a card reader to process the commerce. If you want to add a PIN pad, you’re facilitating more amazing security, and in that case, you can also process debit cards and EBT cards as well.

You also have the opportunity to add a printer to a countertop terminal. You can then print out a receipt that the customer signs (that you keep for your records), and a copy is printed for the customer as well.



Mobile and Wireless Credit Card Terminals


Outside of standard retail are mobile and wireless terminals. These usually work most suitable for merchants and service professionals who operate in the field and require payments collected at the customer’s home. Mobile and wireless credit card terminals work over an internet connection (either via WiFi or a cellular network), and are a fantastic solution if you’re an on-the-spot merchant. These terminals also offer a more reasonable alternative if you’re exhausted of billing your customers and waiting for the payments to come through.

These instruments are also gaining popularity in retail and hospitality. Appreciations to their mobile functionality, retailers can ring up sales on the shop floor, while restaurant staff can bring the checkout experience to diners. Both instances assist streamline the checkout process and improve guests’ experiences. 

Card Cutters offers NPC mobile readers for small to mid-sized merchants glancing to receive mobile payments anywhere they conduct business. With entirely no additional equipment to purchase, all a merchant has to do is download the app on their mobile device, start the application, and right then, they have a handheld terminal at their fingertips. This mobile payment processing resolution is compatible with iPhone, Android, and RIM operating systems, and it’s backed by all major wireless providers.

Wireless terminals could also be the processing resolution your business requirements. These are packed and portable, and they permit you to keep up with sales in the field with more secure processing.

Mobile and wireless terminals allow merchants to go beyond traditional point-of-sale and cash-only operations. They both deliver a new, updated, and innovative way to accept credit cards from customers.


Choosing the Right Credit Card Terminals for Your Small Business


There are countless credit card terminals, readers, and solutions in the market, so choosing the best one can feel overwhelming. The most useful thing to do is to evaluate your credit card terminals and processing needs. Do a bit of introspection for your business and ask yourself questions like:


  • What does your checkout process glance like?
  • What sorts of payment methods do you need to accept?


It’s also worth examining at your credit card processing volumes. Most payment processors set a markup based on your transaction values, which means the more you process, the more you spend.


Get in touch with Card Cutters today to comprehend more about the credit card terminals they deliver and the payment solutions that would aid your business the most.