Terminals are a common way to accept payments because they’re simple to use and take up very little counter space. There are three general categories of terminals, with some crossover in features and functionality.
Simple, reliable, and affordable stand-alone terminals perform basic payment processing functions and are suited to businesses that don’t want additional business management solutions.
Mobile terminals offer similar functionality as stand-alone terminals, with the added ability to connect to the authorization network via WiFi or 3G/4G networks for transportability.
Smart terminals are the most sophisticated and flexible, offering business management apps for employee scheduling and payroll, accounting, data analytics, inventory control, customer loyalty, and more.
It’s important to use a terminal that’s compatible with your payment processor. Otherwise, you may be subject to security risks or additional access fees. Worldpay offers several terminal options that work with our processing services. We can help you choose one that’s best for your business.
5 things electronic payments can do for your business
Small businesses can have an opportunity to benefits. Stay with us as we explore questions so you can choose the right merchant services provider for electronic payment services.
3 retail trends
Maria was at ShopTalk in Vegas to soak up the latest and greatest retail trends from around the globe. Here are the themes that she found most inspiring.