Understanding the Three Types of Credit Card Terminals

As you launch or grow your small business and are ready to take credit card payments, it’s important to think about which types of credit card terminals are right for your business. Charge.com Payment Solutions, Inc. has a wide range of terminals available for customers. From smartphone-based packages for mobile credit card processing to eCommerce platforms, we can help you find the right combination of equipment for your business.

Here’s a brief overview of the three types of credit card terminals:

Traditional Terminals: These are the standard “point of sale” machines that you find in most retail settings. When you go to a restaurant, grocery store or clothing boutique and pay by credit card, these are the machines that are used to “swipe” your card. These are very affordable but they also require a phone line for use, so you need to turn call waiting on if you want to accept credit cards and also make or receive calls.

Virtual Terminals: If you have an eCommerce business, you need a virtual terminal in order to accept payments. You can also use it as a replacement for a traditional credit card terminal if you business site already has high-speed Internet. If you are interesting in one machine to accept both online and in-person credit card payments, make sure you choose a terminal with a “swipe” reader.

Mobile Terminals: Having a way to do wireless credit card processing is vital if you do any business away from a main office location. The good news is that it’s never been easier to accept mobile payments. With smartphone-based systems, you can accept credit card payments with your mobile device and get instant confirmation that the payment was approved.

This article was written by Charge.com Payment Solutions, Inc.  Your business can accept credit cards affordably when you work with Charge.com Payment Solutions, Inc.