Merchants who accept mail, telephone/fax, or online orders can key in the credit card information to the terminal in order to process the sale. While card-present transactions are standard, it’s also possible to use countertop credit card terminals in a “card-not-present” (CNP) situation. You can then print out a receipt that the customer signs (that you retain for your records), and a copy is printed for the customer as well. You also have the option to add a printer to a countertop terminal. If you want to add a PIN pad, you’re enabling greater security, and in that case, you can also process debit cards and EBT cards as well. For this type of transaction, your best payment terminal option would be a countertop point-of-sale (POS) model.Ĭountertop credit card terminals allow you to swipe your customers’ credit cards through a card reader to process the transaction. These are referred to as “card-present” transactions, which basically just means the cardholder and credit card is physically present at the time of sale. Level Up Your Terminal with Stax Card Readers Traditional Retail Credit Card Terminalsīusinesses such as retail shops or restaurants involve face-to-face interactions with your customers, therefore your credit card transactions with them are exclusively in-person.
On-the-Go Merchants → Mobile & Wireless Terminals
Let’s take a look at some credit card terminals and the types of businesses that best match their features.Ĭard-Present Transactions → Countertop Point-of-SaleĬard Not Present Transactions → Virtual Terminals Selecting the right payment processing terminal will not only help reduce your processing costs, but it’ll also increase your profits. There are many different types of credit card terminals to choose from, and you need one that’s going to help your business operate the most efficiently. Many merchants face the trouble of sifting through numerous credit card machine options, looking for a terminal that fits with their business.
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