What equipment should my business use to process credit cards and checks?
The choice of terminals or other processing systems is entirely dependent upon your type of business, the amount you have to spend, your transaction volume, etc. If you have a busy retail business, you’ll want to use a POS terminal. It provides two primary advantages, plus a host of others: Preferred processing fees with swiped cards. This can save you as much as 30% of the cost of conducting a transaction. Improved customer service expedited by the efficiency of a POS terminal’s response time of approximately 4 seconds or less.