Credit Card Machines
The first step to having a successful business and making a profit is obtaining a credit card machine. These machines allow a merchant to process credit cards by transferring funds electronically from the cardholder’s account to the merchant’s account. This process is much quicker and safer than using cash, especially for smaller business. While credit card machines may be confusing and difficult to start using, the experts at Charge.com are here to explain everything you need to know when starting to use wireless credit card machines in your business.
To learn more about credit card machines or to talk to a Charge.com professional, call 1-888-924-2743 or contact us today!
Frequently Asked Questions About Card Swipe Machines
What is a card swipe machine?
A card swipe machine is a device that interacts with credit cards to transfer funds electronically from the cardholder’s account to the merchant’s account. A physical payment terminal allows the user to swipe a credit card, which is then authenticated for security. Once funds are verified, the machine then initiates a transfer of funds, which take a day or two to reach the merchant’s bank account. Charge.com specifically uses our “Virtual Terminal” for online credit card purchases, in which the transaction is handled through software using a secure, encrypted process.
How do I get a credit card swiping machine?
Merchant service providers, like Charge.com, provide either physical credit card swipe machines or virtual payment terminals for a small monthly fee. These machines are typically sold or leased to merchants.
How does a card swipe machine work?
It is common for some credit card terminals to operate in conjunction with a POS (point of sale) system. These systems could range from a cash register to wireless mobile applications that attach to either a phone or tablet. Charge.com offers merchants numerous options to meet the specific requirements for what your business needs.
You can find a list of credit card payment terminals here!