8 Questions To Ask Before Choosing A Terminal
New merchants looking to get set up with credit card processing tend to find the experience overwhelming. Aside from the toll of starting a new business, they now have to choose their processor and equipment. Specifically, when it comes to credit card terminals there are hundreds of options. Merchants require guidance from their VARs and ISVs on which terminal is best suited to their business.
The right terminal is one that maximizes efficiency, is easy to use and provides the level of service required by the merchant in their particular industry and establishment. There are 8 questions that a merchant can ask themselves to help them decide which terminal is the right fit for them.
1. What Kind of Business Do I Operate?
Every business is structured differently. However, most merchants will fall into one of the following categories: retail (in-person sales), ecommerce, mobile or MOTO (mail or telephone orders).
Retail and mobile businesses tend to require credit card terminals, whereas ecommerce and MOTO can utilize an online gateway.
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