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Investing in a POS credit card terminal carries obvious benefits. A combined 75 percent of consumers prefer to shop with a credit or debit card, so accepting credit cards opens your business up to a wider market than businesses that only accept cash. Some modern credit card terminals can also process alternative forms of payment, such as mobile payments. One downside is that researching credit card processing terminals can be daunting. What do you really need to know about EMV, NFC and PCI DSS?READ MORE
Not long ago, businesses were processing credit cards with a carbon copy imprinter. Since then, the payment processing industry has taken major strides in advancing its technology, and it’s only changing quicker these days.READ MORE
As credit card, or EMV, chips become more common, so too are the credit card terminals that accept them. According to Visa, 71%, or 511.1 million, of its U.S.-based credit and debit cards now have chips, a figure that represents more than a doubling of chip cards over a three-year period. Across the U.S., 3.1 million – roughly two thirds of – merchants are now EMV-enabled.READ MORE
If you’re shopping for a new credit card terminal, it’s easy to feel overwhelmed by your options. Make the wrong choice and you could be in the same position in a year’s time. Changes in payment technology and consumer trends are unpredictable, but some credit card terminals are better suited for the future than others.READ MORE
We’ve come a long way since the day when payment options came down to the simple question of “cash or charge.” Whether your business is brick and mortar or online, there are numerous forces shaping your options for payment processing, from changing consumer preferences to new technologies. Trends for payment processing are evolving, and staying on top of the industry is important for providing secure, convenient customer experiences that also reduce your own business risks.READ MORE
With so many credit card machines on the market, choosing an option that will work best for your needs may seem like a tough task. From security features that reduce the risk of fraud and costly chargebacks to Smart Terminals that accept a variety of payment types and may be more environmentally friendly to boot, there’s a lot for businesses to sort through to find the best credit card machine.READ MORE