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. The Economics of “Free” There’s an Exception to Every Rule One-Two Punch: Free Machine & Cancellation Fee True Cost of a Free Machine = $5,700 EMV Chip Cards […]

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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?

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. Older credit card machines that don’t have the proper hardware and memory to support modern […]

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Businesses that are considering switching credit card processors wonder, “Can I use my credit card machine with another 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. Don’t fall into the trap of leasing machines.

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