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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 MOREContactless payments have surged since 2020, initially spurred by consumers’ concerns about the spread of germs when the COVID-19 pandemic hit. Turns out, many people found “tap to pay” to be more convenient than swiping or inserting a card to make a payment, so contactless payments have taken hold. Visa reported earlier this year that nearly 20 percent of all in-person credit or debit card transactions in the U.S. — and 45% in New York City — are now made by tapping a card or using a digital wallet such as Apple Pay or Google Pay on an NFC payment terminal or other contactless acceptance devices, such as those in train and subway stations.
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.
READ MOREInvesting 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 MORENot 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 MOREIf 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.
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