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What is a virtual terminal for credit card processing? A virtual terminal is a method of accepting credit and debit card payments using your computer. Businesses enter the card details on behalf of a customer into a secure online form. You can manually enter (key) card info or swipe it with an optional card swiper. …
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You are virtually guaranteeing that you will overpay for credit card processing if you’re comparing processors based on which ones are willing to provide a free terminal. The Economics of “Free” Credit card processing is a for-profit business, and the average machine costs a processor anywhere from $100 to $300. If a processor provides a …
Free Credit Card Machine = An Expensive Proposition Read More »
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If you’re wondering if your credit card machine can be reprogrammed, here’s the scoop: Some credit card machines can be reprogrammed to work with virtually any credit card processing service, while other machines will only work with a specific processor. Older credit card machines that don’t have the proper hardware and memory to support modern …
Can I Reprogram My Credit Card Machine For Different Processors? Read More »
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It’s that simple. The article below will provide plenty of reasons why you shouldn’t lease a credit card machine, and this settlement involving a large leasing company is further proof. Credit Card Machine Leases are Nonsense! Thankfully, the practice of leasing credit card machines has been declining, but some processors just can’t seem to let …
