POS Terminal simply stands for Point of Sale Terminal, it’s a fancy way saying credit card machine or debit card machine. The questions we will be addressing in this article is: “Is It Better To Lease or Is It Better To Buy Your POS Terminal?” When the banks deregulated the Merchant Services for business all [...]
Is My POS Terminal Chip Ready? (Questions You May Want To Ask)
Point of Sale machines have been used in business for almost more than 20 years at the point in time. Up to now, the actual physical terminal has undergone very few physical changes. With the exception of different functions, software, applications, the actual physical terminals themselves have had no massive difference or change in the [...]
What the Difference is Between an ISO and Bank Related Merchant Account?
When considering where to obtain merchant services, there is no shortage of providers to choose from now a days that’s for sure! There is no doubt that processing has become a lucrative business. Over time, the service has been de-regulated, so merchant’s have much more choice as to who they want their provider to be. [...]
Why do Different Payment Processors Have Different Rate Structures?
Many different processors are out there who offer merchant services. Weather the services are provided through a Member Bank or ISO, every application is subject to a very similar adjudication from Visa and Mastercard. Different processors do however, have different rate structures. There are a few reasons as to why these differences exist. Let’s look [...]
