The evolution of high-tech gadgets and equipment is a sign that the world continues to discover new ways of creating value for consumers and businesses alike. One of my personal favorites is the development of wireless credit card machines. It's no secret that credit cards have taken over as the payment option of choice for consumers.
The wireless terminals that allow businesses to accept credit cards are an innovation that has liberated the payment systems of countless businesses.
Long-Term Advantage:
For large-scale businesses like supermarket, malls and boutiques, a lot of advantages are drawn from the use of wireless machines as they make for a more convenient, efficient sales system. Payments can be accepted from even the most remote locations, provided that there is access to a Wi-Fi or cellular network.
Seasonal businesses with temporary locations, small-scale, home-based, large lot businesses, internet transactions and even taxi drivers are now accepting credit cards for sales and service fees.
The convenience of these machines is nearly universal across a range of industries.
Standard Specs & Features
Display. The standard credit card machines have just two lines of text to display. The latest model terminals can display four lines of text or more, some even providing screens equivalent to modern smart phones or tablets. We advise you select displays which at the minimum are back lit.
The fact that wires can get in a way, all tangled up restricting movements to users makes it a wiser option to go for a wireless credit card machine which simply works virtually anywhere with mobile coverage or WI-FI availability.
The machines come with a built-in printer for signatures and billing receipts as well as records for the merchants.
In order to complete a debit transaction, customers must enter their personal identification number (PIN) with the built-in keys or external key-pad depending on the machine you choose. Some merchants opt to provide their customers with a separate PIN pad (for privacy and security reasons) so they can choose a better positioning for pressing their PIN entry.
Electronically-processed transactions (mobile commerce) are much easier to track, are safer, secured, and easier.
Additionally, some machines can process checks and gift cards if your business needs this functionality. Phone cards, electronic bank transfers (EBT) and some payments options are also supported by the credit card machines being offered standard.
We recommend you implement a processing machine with the address verification system (AVS) for additional security. This system detects and compares the address in the customer's ID with that of the billing address appearing on the credit card.
The terminals these days are incredibly reliable. The time between cycles or failures is frequently reviewed and is usually in the 2 to 4 million range of transactions per malfunction.
If you are missing out on customers because you do not have a credit card processing, perhaps its time to reconsider the value a wireless solution can provide.
If you own a business where mobility, convenience and flexibility is important, its time to start enjoying the benefits a wireless credit card machine today.
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