Accepting Credit Cards
Using credit and debit cards to buy gifts and necessities has become more common.
Business owners now realize the importance of their merchant account, as it can be a valuable asset or a hurtful liability to their company.
Whether your business is a pizza restaurant, a mobile locksmith, or an online-based superstore
accepting credit cards is necessary for your success.
TRANSACTION TYPES AND CONDITIONS
Most credit card transaction condition requirements can be divided into 7 categories of businesses:
Most cards are present at the time of sale, a terminal reads full magnetic stripe, and signature is obtained. Incremental electronic authorization requests are permitted. Anticipated stay or rental time is included in authorization. Transaction date must equal the checkout.
Most cards are present at the time of sale, a terminal reads full magnetic stripe, and signature is obtained.
Most Cards are not present at the time of sale. You or your customer (internet) manually keys in the information for the card.
Most cards are present at the time of sale, a terminal reads full magnetic stripe, the transaction is authorized through the Wireless Network , and signature is obtained.
Wireless credit card processing increases sales, saves time, and reduces operating expenses.
Some wireless units are small, lightweight, and portable. Can be carried in your pocket!
Authorize and Accept cards where it previously was impossible (in a parking lot, outside a sports event, etc.)
No second phone line needed (savings $50/mo.) and no need to rent phone lines at tradeshows (savings of $100/day)
By swiping credit cards you get lower rates. This one feature alone can save you hundreds of dollars per month.
Wireless processing reduces the amount of cash you and your staff handle.
Reduces risk. Swiping reduces chance of fraudulent or stolen card being used.