How to Choose the Best Credit Card Terminals for Your Business
Are you a business owner who is looking for a new credit card terminal? If so, you’re in luck! In this blog post, we will be discussing the different types of credit card terminals and how to choose the best one for your business. Keep reading to learn more!
Why Should You Have a Credit Card Terminal?
There are many reasons why you should have a credit card terminal for your business. For one, it allows customers to pay for their purchases using credit or debit cards. This is convenient for both you and the customer. Additionally, credit card terminals can help you keep track of sales and inventory. They can also help you manage employee spending.
What Are the Advantages of Credit Card Terminals?
There are many advantages of credit card terminals.
Quick and easy to use
Credit card terminals are quick and easy to use. This is especially important if you have a high volume of sales.
Secure
Credit card terminals are also secure. This means that your customers’ credit card information will be safe when they use your terminal.
Save time and money
Another advantage of credit card terminals is that they can save you time and money. With a credit card terminal, you won’t have to worry about accepting cash or checks. This can save you a lot of time and hassle. Additionally, credit card terminals can help you save money on credit card processing fees.
Keep track of sales and inventory
With a credit card terminal, you can easily track what items are selling and how much inventory you have on hand. This information can be very helpful in managing your business.
Which Credit Card Terminal Type is For You?
When choosing a credit card terminal for your business, you will first need to decide which type of terminal is right for you. There are three main types of credit card terminals:
Countertop terminals
Countertop terminals are the most common type of credit card terminal. They are typically used for retail businesses. It’s important to note that countertop terminals must be plugged into an electrical outlet. Additionally, they typically require a phone line or Internet connection. It’s great for businesses like stores, hairdressers, and bars.
Portable terminals
Portable terminals are battery-operated and can be used anywhere. These connect to your credit card processor via Bluetooth, WiFi, or both. They are ideal for businesses that do not have a physical location, such as home-based businesses, travelling salespeople, and mobile businesses. Additionally, they are perfect for businesses like cafes, bars, and restaurants when you want to bring the terminal to your customer’s table for payment processing and receipt printing.
Mobile terminals
Mobile terminals are credit card terminals that can be used on the go. They connect to your credit card processor via a cellular data connection. These are perfect for businesses that are constantly on the go, such as delivery businesses, taxi services, and mobile retailers.
What to Look For in a Credit Card Terminal
Now that you know which type of credit card terminal is right for your business, it’s time to start shopping! Here are a few things to keep in mind when choosing a credit card terminal:
Connection type
The first thing you’ll need to consider is how the credit card terminal will connect to your credit card processor. Will it be via a phone line, Internet connection, Bluetooth, WiFi, or cellular data? Depending on your business needs, you’ll want to choose a credit card terminal that has the right connection type. For example, if you have a mobile business, you’ll want to choose a credit card terminal that has cellular data capabilities.
Features
Next, you’ll want to consider the features that are important to you. Do you need a terminal that can print receipts? Do you need a terminal that has a built-in PIN pad? Do you need a terminal that can accept contactless payments? Make a list of the features that are important to you and use it as a guide when shopping for credit card terminals.
Price
You’ll want to consider your budget when choosing a credit card terminal. It’s important to find a credit card terminal that fits your budget and has the features that you need.
Protection
Finally, you’ll want to consider protection when choosing a credit card terminal. You’ll want to find a terminal that has fraud protection features, such as EMV chip capabilities and end-to-end encryption.
Compatibility
Check that your credit card terminal is compatible with all major card brands, such as Visa, Mastercard, American Express, and Discover. You should also consider if you need your terminal to accept digital wallets, such as Apple Pay or Google Pay.
Warranty
Be sure to find a credit card terminal that comes with a warranty. This will ensure that you’re covered in case anything goes wrong with your credit card terminal.
Card Terminal Customer Support
If you have any questions or problems with your credit card terminal, it’s important to have access to customer support. Find a credit card terminal that offers customer support via phone, email, or live chat.
Now that you know what to look for in a credit card terminal, it’s time to start shopping! There are many different credit card terminals on the market. To find the perfect one for your business, you’ll want to consider your needs and budget. You can read credit card terminal reviews online to help you narrow down your choices. Once you’ve found a few credit card terminals that fit your needs, be sure to compare prices to ensure you’re getting the best deal.