subject: Card Payment Terminals And Your Business [print this page] Card payment terminals are an absolute necessity for any merchant in todays age who wants to conduct any business worth conducting; because consumers vastly prefer plastic over any other format of payment for products and services, accepting credit, debit, gift, and other varieties of electronic cards is a cornerstone of any successful, well-planned business no matter the industry, size, or nature of your market. Not only do such transactions fuel a store, they can be the lifeblood of the owners and associates incomes providing a great availability of convenient options for customers and clients, increasing sales, and of course, improving the professionalism and image of a business.
Without a card payment terminal, however, things can be pretty bleak. Thats why Vision Payment Solutions offers our clientele merchants and business owners just like you the most up-to-date, top of the line, and the widest variety of payment terminal with respect to the cards around. We have the equipment, software, and support small and medium-sized businesses require to run smoothly, and to get their customers out the door and with smiles on their faces. While there are many virtual terminal payment options available in todays market, its absolutely critical that you, as a business owner, make the right choice in determining the appropriate card payment terminal solution for your business.
Typically, there are only a few basic, broad categories of card payment terminals, processing plans, and merchant account services along with thevirtual terminal payment solution each designed to work with a particular variety of business, and each with its own strengths and weaknesses:
Conventional: Most physical stores that do business offline require the most common, most used, and most inexpensive card payment arrangement in the industry; youll simply require the physical card payment terminal swiper and a standard merchant account.
Mail/Telephone Orders (MO/TOs): Those of you who facilitate transactions by way of phone or direct-mail orders will need a specialized payment solution known as MO/TO processing.
E-Commerce: Online stores experience increased risk of fraud in their transactions, because consumers are not physically present with the card as is the case with MO/TO, as well and as such, Internet merchants need a payment gateway, shopping cart, and more.
Mobile Processing: On-the-go companies that process transactions in a mobile way need a mobile virtual terminal payment solution examples would include add-on swipers for smart-phones, tablets, and other portable devices like the iPhone, Blackberry, iPad, and Android.
