Introduction of Payment Terminal
A payment terminal is a combination hardware and software device that allows retailers to accept payment from a customer’s debit or credit card. The payment terminal often called the point of sale (POS) or point of purchase (POP) is where a transaction is made.
A payment terminal is a combination hardware and software device that allows retailers to accept payment from a customer’s debit or credit card. The payment terminal often called the point of sale (POS) or point of purchase (POP) is where a transaction is made.
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INTRODUCTION OF PAYMENT<br />
TERMINAL
INTRODUCTION<br />
A payment terminal is a combination hardware and s<strong>of</strong>tware device that allows<br />
retailers to accept payment from a customer’s debit or credit card. The payment<br />
terminal <strong>of</strong>ten called the point <strong>of</strong> sale (POS) or point <strong>of</strong> purchase (POP) is where<br />
a transaction is made. The payment terminal is also called a credit card<br />
terminal or Electronic funds transfer at point <strong>of</strong> sale, EFTPOS. The term most<br />
widely used for a payment terminal is a POS System.<br />
The installation cost <strong>of</strong> the payment terminal depends on the size <strong>of</strong> the<br />
business. Small businesses can rent the terminal while paying a fee per<br />
transaction. Large business rent also but most purchase a whole POS system.
BEST PAYMENT TERMINALS<br />
• Square<br />
• Shopify POS<br />
• QuickBooks <strong>Payment</strong>s<br />
• PayPal <strong>Payment</strong>s Pro<br />
• Equinox <strong>Payment</strong> <strong>Terminal</strong>
BENEFITS OF ACCEPTING<br />
CREDIT CARDS
MAXIMIZE SALES<br />
Accepting payment from multiple sources is always convenient for both the<br />
customer and business owner. With 70% <strong>of</strong> people having credit or debit cards<br />
and 1.5 Billion cards in circulation. It is a must to have a payment terminal for<br />
credit cards.
IMPROVE CASH FLOW<br />
Credit and debit card transaction are processed electronically and settled<br />
quickly. All transaction amounts are directly deposited into a business’s bank<br />
account.
ELIMINATES RISK<br />
Credit card transactions are secure and reduce the risk <strong>of</strong> fraud. Using a<br />
secured and pr<strong>of</strong>essional merchant service provider, you can easily deliver<br />
secured credit card payments that protects a customer from fraud.
CONVENIENCE/REWARDS<br />
Customers always want several payment options and credit cards are easy to<br />
use. Some credit cards companies <strong>of</strong>fer shopping points, travel mileage, and<br />
reward options. These incentives encourage card holders to use their cards.
CUSTOMER SUPPORT<br />
When accepting credit cards if there is an issue the support team is usually<br />
available 24/7.
CONCLUSION<br />
One great payment terminal system is the Equinox POS. With smart<br />
architecture, advanced security, rapid deployment, smart hubs and Intuitive card<br />
readers, the Equinox payment terminal leads the pack. Hire Equinox developers<br />
from Chetu and get better and effective Equinox payment terminal<br />
development services.
CONTACT US<br />
Company Name: Chetu<br />
Website: https://bit.ly/2VAh29x<br />
Address: 10167 W Sunrise Blvd, Suite 200,Plantation, FL 33322<br />
Phone: (954) 342 5676<br />
Fax: (305) 832 5987<br />
Email: marketing@chetu.com
THANK YOU!
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