PDQ Machine: Why Should You Invest In One?

Card payment technology is being adopted by more and more businesses today since customers prefer to pay using their cards rather than cash or cheque. Customers today have come to expect PDQ terminals wherever they go.

If you still have not invested in a PDQ terminal,  below are more reasons why you should.

• Improved efficiency and speed of your business: In addition to making things convenient and easier for customers, PDQ machines can also make your life hassle-free. Everyday transactions will be smoothly and quickly processed with the help of these machines. Swift transactions will even lead to shorter queues and extremely satisfied customers. Moreover, you will be able to track and monitor your sales activity, via an online dashboard.
• Complete peace of mind: The card machines have advanced technology in place that ensures that the transactions are safely processed. You can rest assured that these machines will prevent credit or debit card fraud since anti-fraud systems and top-level encryption is integrated.
• Options available to suit any size business: There are different types of chip and pin machines available so you can choose the one that is best for your business. The popular ones are countertop, portable and mobile card machines. Recently, contactless chip and pin payment terminals have also gained prominence.

Invest in a PDQ machine to start accepting digital payments so that you can stay ahead of your competitors. If you are confused about which payment provider to choose, seek professional help.

Online Payment Gateway: the Secret to a Flourishing Business

The incidence of thefts have increased in the present times leading to people no longer feeling safe about keeping cash with them whilst shopping or eating out. Even at home, a huge amount of money is not being kept. This has resulted in the rise of debit and credit cards usage. Business owners are utilising merchant account payment gateway to ensure streamlined and safe transaction.

Read on to know how online payment gateway is lucrative for businesses and end-users.

# Credit and debit card payments
Today, payments made by credit and debit cards have become commonplace. Online payment gateway makes transactions made by debit or credit card easier and efficient owing to its batch upload capability. It makes many transactions in a single file possible and also carries out swift verification of accounts.

# ACH payments
The Automated Clearing House (ACH) systems enables banks to send money electronically. With the help of independent payment gateway providers, businesses will be able to accept ACH payments. Business-to-business transaction, bill payment, e-commerce processing and other transactions can be easily accepted with this system.

# Lowered risk of theft and loss
Payment gateways compliant with PCI DSS employ industry-standard encryption and secure all sensitive data. It acts as a shield for both the consumers and merchants from any kind of fraudulent activities.

Online payment gateway have become an inseparable part of businesses accepting card and digital payments. Embrace the technology to take your business to the next level.

Know the Simple Rules for Picking the Right Merchant Account Provider

Finding quality merchant services provider can be intimidating because the industry is well-known for expensive contracts, unethical agents and unrevealed fees. As you have other pressing business activities to care for, it might be hard for you resist the temptation of going with the firm that quotes the lowest rates. However, do not simply accept the rates.

Prior to selecting your merchant services provider, you need to abide by the following.

# Have a clear idea regarding the needs of your business
You should begin by questioning yourself as to your requirements from a payment processor. The best way is to gather a list of prominent merchant services firms who suit your business needs before making a call regarding contractual considerations.

# Watch out for a month-to-month contract with no termination charge
When you meet with your prospective service provider, make it clear that you expect a monthly agreement without any termination fees. Remember to go through the contract thoroughly before signing. In case of any misinformation in the contract, cancel the service and save yourself from a bad agreement.

# Efficient customer service
Before you commit to a provider, find out if the provider offers customer support not only during working hours, but also beyond. Knowing that assistance is always available will give you peace of mind.

Once you have identified the merchant services provider for your business, you should go through the merchant services reviews given by the users of that company. 

3 Factors To Consider When Selecting An Online Payment Processing Service

Today, small companies depend on credit transactions more than before owing to the increased reliance on prepaid cards and digital wallets. So, if you do not have a credit card payment processing service, you business is seriously falling behind.

An online service seems to be the most appropriate form of credit card payment processing services. Here are the factors to consider when choosing an online payment processing service.

• Price: There are different prices that you will have to consider. To start with, the expenses of starting up, which will include setting up of a merchant account and configuring the processing engine on your website or your physical location. You also need to find out about the payment gateway fees UK charged by the payment processor.
• Security: Theft and fraud occurring online is an everyday issue.  Since theft does not only happen online, but also on PoS based credit information, you need to take special precautions to ensure that you are offering your customers a high level of security, such as data encryption, VeriSign SSL certificates and so on.
• Ease of integration: Integrating card payment processing UK with your site is necessary. The entire process must be easy to understand for your customers.

To get the best rates and reliable services, contact a professional consultant. They will provide you with reviews and information that you require to make an informed decision.

3 Common Types Of Chip And Pin Machines Used By Businesses

Chip and pin or PDQ machines are used by businesses to accept debit and credit card payments. These machines help to securely and quickly process payments and businesses can take payments face to face or by fax, phone or mail.

The majority of businesses use of one of the three types of card machines below.

• Countertop PDQ machine: Businesses that take face to face payments from a fixed location use countertop PDQ machines. These static chip and pin machines are always connected to a power point, as well as, to a broadband router or a phone line. They help to speed up a customers’ payment experience.
• Portable Wi-Fi or Bluetooth terminals: Portable terminals can easily be carried around like a mobile phone. Businesses can use Bluetooth chip and pin terminals within a range of fifty  to hundred metres from the base unit. The Wi-Fi enabled terminals, on the other hand, can be configured to process payments through protected Wi-Fi access. These machines usually have a battery life of 24 hours, which is adequate for most businesses.
• GPRS or mobile card machines: These types of chip and pin terminals accept payments wherever the mobile signal is strong. A GPRS signal with a roaming connection is all that the machine requires to function.

If you want to get a chip and pin machine for your business, talk to a professional to find out which type of machine is the perfect for you and your business. 

The Top 3 Advantages of EPOS Solutions for Your Business

An EPOS system is highly beneficial for small businesses because this integrated system helps in controlling, organising and analysing different parts of your business. From backend reporting to cash transactions and inventory control, this system is able to handle it all. Innovative EPOS for small businesses provides information about best-selling items, best-performing sales channels, peak sales time and more. This way, you will be able to better optimise the flow of your business.

Take a look below for some more benefits of EPOS systems.

• Increased financial accuracy: When charging customers, EPOS systems offer financial accuracy by eliminating the hassle of manual calculations. These systems help to reduce staff errors and make sure that the payment charging structure is consistent. Since they perform such an important function, you must go through EPOS reviews before making your decision.
• Improved efficiency and speed of transaction: The efficiency and speed of transactions are greatly enhanced by the EPOS systems. This also leads to improving the overall experience of your customer and encourages repeat visits.
• Inventory management: The best EPOS solution will also aid in the management of stock. You will be able to quickly check the current inventory and identify easily the areas where additional stock is required. This way, you can save a significant amount of time spent on manual stock operations.

EPOS systems can do wonders for your business. However, get in touch with advisors who can compare EPOS providers and provide you with a detailed analysis.

The Top 3 Benefits of Having an Online Merchant Account

Online shopping is increasingly becoming popular and with it, online payments are also becoming common. Those days are gone when customers preferred to shop using cheques and cash. Whether you run an e-commerce business or a physical store, having online merchant accounts can add great value to your business.

Take a look below at some of the advantages of having an online merchant account. 

1. The ability to accept card payments: With a merchant account, you will be eligible for accepting payments in multiple ways including debit and credit card payments. Customers are more likely to make impulse purchases if there is the option of electronic payment.
2. Enhanced security: When opening your merchant account, you need to work with a merchant account payment gateway provider who is a PCI DSS certified PSP. PCI compliance gives customers the peace of mind that their information is protected and kept secured. Also, PCI DSS makes use of advanced technology to check fraud activities.
3. Payments can be accepted in any currency: One of the major advantages of merchant accounts is that you can accept payments in multiple currencies. You can widen your customer base beyond borders and encourage them to make payments using their local currency.

By having a merchant account, you will be able to better manage your money and cash flow. To make sure that you get the ideal deal at the best rates, get in touch with an independent merchant services consultant.