subject: Types Of Credit Card Processing Machines [print this page] Point of Sale Processing This type of credit card processing that includes a person, in the place where the sale is being completed at the point of sale. Point of Sale is frequently shortened as POS. it characteristically needs the attendance of credit card processing tools, and the attendance of the individual who possess the credit card.
Online Processing This kind of processing really necessitates software on your computer, with a payment gateway and a merchant account. This type of processing does not have need of the attendance of the credit card terminal. Clearly, this is not characteristically used for POS, it can be in fact utilized in this method too. Often, you will have the capability for POS processing with tools, and the capacity to accept online processing in addition to an extra bonus. Online processing is accessible for consumers, but it is also potential to make use of online software to process cards yourself-devoid of the consumers, which guide us to phone and mail order processing.
Telephone and Mail Order Processing This sort of processing intends for orders that are in use moreover, over the phone or all the way through the mail. Obviously, in equal case, the real credit card is not there, and neither is the possessor of the card. Every merchant accounts will not permit for this form of processing, though when these are permissible by your merchant account, you will normally perform this kind of processing with the computer software. The credit card processing machines are very reliable.
