Selecting An Appropriate Processing Terminal

Selecting An Appropriate Processing Terminal

As a business owner, when you apply for a merchant account, you are often torn between the idea of having a processing terminal or not. If you come to the conclusion that you need one, the next task is finding the appropriate processing terminal.

Choosing a processing terminal is not an easy task as there are numerous processing terminals on the market today.  Just like with all other major monetary decisions that you have to make, it is essential to weigh the pros and cons of every available option before settling. The guide below can help you establish the option that appears most suitable for you.

On-the-Go Merchants

If you specialize in services, the ideal choice would be a wireless or mobile processing terminal. The mobile readers enable merchants to accept payments at any place and time by simply downloading a mobile app on their device and converting into a portable processing terminal. Another viable option can be a wireless processing terminal that uses a tiny, card reader that you can hold in your hand to receive payments. Such devices are simple to use, and they are extremely secure. Maverick’s mobile processing is for mobile businesses on the go who need an easy, economical and efficient way to process sales wherever they are!

Face-to-Face Retail

If your business is a restaurant or shop that transactions are mainly face-to-face ones, your best option is a countertop point-of-sale system. These processing terminals use a safe card reader actually to swipe the credit cards of the customers. For heightened security, you can opt to incorporate a PIN pad to process debit or even EBT cards and also to generate paper receipts along with EMV chip cards. With numerous terminals and point-of-sale systems, it is best to consult with a Maverick Account Executive to discuss your options and see which one is the best fit!

Online Businesses & eCommerce

For people with online retail business and eCommerce websites, payment gateways are required to integrate with the website’s shopping card for a secure and convenient method to process transactions. Maverick’s eCommerce payment solutions lead the way in today’s demanding eCommerce environment. Between our team’s experience in the card-not-present space, a vast network of banking partners, multiple payment gateways and added value services to fight fraud & chargebacks, Maverick will drive your Internet business to the next level!

When you finally settle for a processing terminal that suits the needs of your business, the next thing you need to do is do some research on the price. The best option is making a purchase instead of leasing. Having the right processing terminal, allows you to increase your profits, decrease the cost of processing as well as operate efficiently. Additionally, an excellent processing terminal gives your consumers a stress-free method to buy things from your business. As always, the Maverick Team is available to discuss terminal options!

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