Credit cards are an integral part of modern business. Even customers who don't use credit will want to use debit or gift cards based around similar technology. But with such a wide variety of credit card processing technology available, it can be confusing for business owners. In this guide, we'll take the mystery and guesswork out of choosing the right credit card processing terminal for your business.
If you're new to credit card payment, a credit card terminal is essentially a processing point for a payment network. As you swipe the card, the payment is processed and disbursed to your merchant account. The payment network collects a flat fee or percentage of the sales, called a "swipe fee," and often the terminal itself will cost a certain amount of money.
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DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Our portfolio of live events, online and print publishing, business intelligence and professional development brands are centred on the complexities of technology convergence. Operating in 42 different countries, we have developed a unique global knowledge and networking platform, which is trusted by over 30,000 ICT, engineering and technology professionals.
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