A credit card payment processing terminal should also be able to process debit cards and if needed, reward cards. At first this may seem complicated, but with the help of an experienced payment processing company, the equipment can be programmed to process most types of payments, including EBT (electronic benefit transfer) cards. Though the programming capabilities of a payment processing equipment may vary, all terminals will have some of the same basic features and needs.
CONNECTION
A card processing terminal will need a power supply to be able to work. In addition there will need to be a connection to a secure telephone line for the verification process to occur. When a telephone line isn’t available, a wireless terminal may need to be set up. There are terminals that communicate with the Internet through a cable or through a cellular phone data network. For wireless equipment, batteries will power the terminals.
KEYPAD
All terminals are going to have a keypad. Most of them are pretty simple. The terminal will have a number keypad with a “yes/accept” button, a “no” button, and a “clear/cancel” button. Some keypads will also have a choice of debit or credit. For terminals with an interactive screen, there may be buttons on the side for changing options.
MAGNETIC STIP READER
This seems the most confusing to. Most payment processing terminals will have a picture of the correct direction that the card should face. When the card is not readable by the equipment, the number will need to be keyed in by hand.
Merchant Data Systems has several types of card processing terminals like the Dassault Talento, the Hypercom T77, Verifone Tranz 330, and the Nurit 310. In addition to processing point of purchase sales, Merchant Data Services can also process payments without the card present for e-commerce transactions.
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