While you may be ready to start accepting credit cards for your small business, it can get pretty confusing trying to decide which type of credit card processing equipment is the best to use for your business. Before you go out and purchase the wrong type of equipment read on below for a few of the different types you can choose from.
IP Terminals
One of the most common types of credit card processing equipment on the market today for businesses is the IP terminal. This type of equipment uses a high-speed internet connection to contact to a gateway uses for credit card processing. The information is saved and you can have it done in just a few seconds. The only disadvantage to IP terminals is the fact that you have to have high speed internet wiring installed and that can be super expensive for many new business owners.
Wireless Terminals
A wireless terminal has basically the same concept, only everything is done wirelessly. The biggest advantage of a wireless terminal is that it can be moved around any office with ease and it can be easier to install for some offices. However, it is more expensive, in some cases, than wired IP terminals, so you need to look at your businesses budget before making a final decision. It is important to note that the cost of wireless terminals has dropped quite a bit in recent years as well.
These are just a couple of the different types of credit card processing equipment that you can purchase for your small business. Do your research, plan a budget, and get the best one for your business. For more help, contact American Merchant as well for all of your credit card taking needs.
