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Cut the cord with PayJunction’s Portable Terminal that allows businesses to service customers and complete payment transactions away from a centralized checkout. The hand-held, mobile credit card reader lets you take payments anywhere near a Wi-Fi signal or cellular hotspot: in aisles, exam rooms, service floors, pop-up locations, curbside, and on the road.
READ MOREThere’s no denying that we are all witnesses to the explosive growth of online sales as consumers increasingly embrace the convenience of digital payments and platforms. But here’s a fun fact that doesn’t get much attention: a whopping 80% of retail purchases are conducted in person! People still frequent stores, restaurants, medical offices, automotive dealers, hair salons and more to buy goods and services.
READ MOREIndependent Software Vendors (ISV) have a lot to consider as they evaluate payment gateway and platform providers. It calls for comprehensive research that includes the company, the developer experience, payment features, security and compliance, and customer support.
READ MOREGo ahead, open your wallet. Chances are that your credit and debit cards feature a square “chip” on the front that gets inserted into an EMV Card Reader to make a payment. It may also have a symbol that resembles a “signal” that is “tapped” on an EMV Card Reader to make a payment. And it likely still has a magnetic strip on the back that is swiped through a payment terminal that is not equipped to read EMV chip cards.
READ MOREIn 2015, the United States saw a major shift in consumer payment methods from traditional magstripe cards to EMV-chip cards. This transition is referred to as the EMV liability shift. With the majority of U.S. consumers now paying with chip cards, the next wave of technology has rolled out and adoption is rising: contactless payments.
READ MOREIf there’s one thing to take away from this post, it’s that all credit card reader are not made equally. Despite looking similar, they vary greatly in features, business benefits and cost.
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