Where Can You Buy a Credit Card Machine?
A quick stroke of your keyboard can reveal a magnitude of retailers selling credit card machines. Amazon and eBay are two online options for purchasing a credit card machine. Taking a trip to your local Staples can also result in the purchase of a brand new credit card machine. With that being said, the machine itself is not the commitment that needs to be mulled over. It is the creed card processing company that should be thoroughly researched to find the best fit for your business model.
Third Party Options
If you purchase a device from a third party, the merchant service provider you choose could charge you a reprogramming fee or flat out refuse to use outside credit card terminals. With an abundance of access to purchasing the hardware for processing credit card transactions, the real question is: how do you find the right credit card processor?
With dozens of companies, some of the more reputable and well-known options include Intuit, First Data, and Heartland Payment Systems. Major banks also offer merchant services, Wells Fargo, Chase, Bank of America, and Citibank are among the top service providers. Making sure the merchant service provider you choose is accredited with the Better Business Bureau will help to avoid unprofessional processing companies.
Learning about the fees and transaction rates of each service provider will be one of the most valuable pieces of information when choosing a company. Transparency with pricing is a key feature to seek out while looking for the right provider. Reading reviews and assessing the quality of the customer service department can aid a prospective business owner in this selection.
Consider the Structure of your Business
The mobility of your business may be another consideration before committing to a service provider. Some merchant services offer mobile and in-store transaction processing hardware while others provide only counter-top or customer-facing units. Therefore, a third party option such as Square could be your best solution.
Once you choose a merchant service provider that fits your business model, a representative will properly outfit your business with all of the credit card machines and payment processing devices you need.