POS Card Payment Terminal That is Right for Your Retail Business

Feb 13, 2017

If your business is among the many exploiting their gains on the internet, you need to integrate a payment gateway into your website for easy and direct transactions. Brick and mortar establishments, on the other hand, require point-of-sale terminals for payments.

As the owner of such a shop, you might be thinking that once you’ve acquired a merchant account from a reputable payment processor, you don’t need to worry about the type of terminal they install. After all, they’re the professionals, right?

Your account provider might offer some help, but it will ultimately depends the terminal you pick for your credit card processing needs.

Types of POS Terminals

  • Countertop terminals

Countertop POS terminals are suitable for merchants that interact face-to-face with customers in the business premises. These terminals will enable your clients to swipe or wave their credit cards onto a card reader to make the required payment. You can also ask for a PIN pad from your processing company, which will cater for debit and EBT card transactions.

Countertop terminals can also be implemented in a card-not-present setting. For instance, if you do business on the Internet, a customer can securely share their credit card information with you, which you can then key into the terminal and process the sale.

  • Mobile Terminals

When your business involves delivering commodities to your customers, rather than having them come to you, a countertop credit card terminal makes little sense. Go for a terminal that offers the flexibility of completing transactions in different locations.

Such terminals vary from one payment services provider to another, but almost all involve an app, which you can download to your smartphone or tablet to start accepting major credit cards while on the move.

  • Additional features

Your business might want from a processor than the typical credit card services, and your merchant account provider will, in most cases, be ready to provide for your needs.

For instance, if you operate a retail enterprise with an online presence, it’s prudent to look for a company that offers both traditional POS processing and virtual payment services over the internet. eMerchantBroker, for example, provides accounts which can accommodate both physical and virtual terminals

Interestingly, smartphone technology has popularized card-not-present methods, such as Apple and Samsung Pay. Your terminal of choice should, therefore, be able to accommodate as many forms of payment as possible


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Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending on the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

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