US Bankcard Services Industry Blog

Tuesday, May 4, 2010

Different Kinds of Credit Card Machines

Credit card machines are beneficial to retailers, but finding the right machine is sometimes difficult because there are many different kinds to choose from. Since consumers do not always bring cash when purchasing items, investing in the right kind of credit card machine will increase your sales and also establish a good relationship with your most valued clients. Below is a list of the different types of credit card machines that retailers can choose from. 1.Standard Dial Up Machine – Standard dial up credit card machines are the most commonly used today. These credit card machines work over the phone line and have been around for decades. Most people choose these because of they are convenient and easily accessible.
2.IP Based Terminal – Similar to standard dial up machines, IP based terminals have modules that can process transactions over an Internet connection instead of a phone line. This credit card machine is one of the newest versions and is perfect for fast-paced businesses such as boutiques and restaurants because they can process transactions fast and without a hassle. 3.Wireless Credit Card Terminal – Almost identical to standard dial up credit card machines, wireless credit card machines work over a wireless network such as CDMA or GPRS. This item is perfect for merchants on the go. Wireless credit card machines should be used by businesses that offer delivery services or by those that are actively participating in trade shows and outdoor events. Simply stated, wireless credit card machines can give mobile retailers the option to process credit cards virtually anywhere. Furthermore, check for reputable merchant services companies who can offer flexible and secure credit card services such as processing and terminals for your business. Whether your business is a restaurant, a clothing outlet or an e-commerce store, there are credit card machines that will meet your needs. Finding the right machine will help bring in more customers which simply equates to good business.