Credit Card Processing

Virtual Terminals for Credit Card Processing

What is a virtual terminal for credit card processing? What’s the difference between a virtual terminal and payment gateway? What payment types can I accept? What type of businesses could benefit from a virtual terminal? Reporting Are virtual terminals secure? Accessories Costs How do I get a virtual terminal? What is a virtual terminal for…

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Businesses that accept payments over the phone, by fax, or through mail orders can securely take credit cards using a virtual terminal, or a web-based portal using any computer with an internet connection.

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Credit Card Processing

Free Credit Card Machine = An Expensive Proposition

You are virtually guaranteeing that you will overpay for credit card processing if you’re comparing processors based on which ones are willing to provide a free terminal. With the 2015 EMV chip card switchover, the “free” machine offers are becoming even more common. The Economics of “Free” There’s an Exception to Every Rule One-Two Punch:…

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Like the saying goes, “there’s no such thing as a free lunch.” Credit card processors recoup the cost of a free credit card machine through expensive tiered pricing and various other fees.

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Credit Card Processing

Can I Reprogram My Credit Card Machine For Different Processors?

Older credit card machines that don’t have the proper hardware and memory to support modern programs may not work with any processors at all. Even if a credit card machine can be reprogrammed, it is a good idea to avoid reprogramming older machines that no longer conform to current PCI DSS or that can’t accept…

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Businesses that are considering switching credit card processors wonder, “Can I use my credit card machine with another processor?” If you’re wondering if your credit card machine can be reprogrammed, here’s the scoop: Some credit card machines can be reprogrammed to work with virtually any credit card processing service, while other machines will only work with a specific processor.

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Credit Card Processing

Don’t Lease a Credit Card Machine!

It’s that simple. The article below will provide plenty of reasons why you shouldn’t lease a credit card machine, and this settlement involving a large leasing company is further proof. Credit Card Machine Leases are Nonsense! Benefits of a Lease (According to Processors that Lease Equipment) “It’s Not the Agent, It’s the Processor” Getting Out…

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Credit card terminal leases benefit processors not you.

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