What is a Credit Card Machine?
Most people hand over their credit card to a merchant in payment for services, sign the receipt and thank the cashier, though many don’t realize how their card is processed. Credit card machines are an important part of business commerce.DescriptionThe shape and size of a credit card machine can vary, but it is generally located near a cash register or in the office of a business. The machine can look like a large calculator or have a broader design. In gas stations and supermarkets, the machine may be angled so it is easier for a customer to use, and in other businesses, the machine may reside behind the counter for use by the clerk.UseA credit card is swiped along a slot in the machine that captures credit card numbers and data from the magnetic strip on the back of the card. An authorization to capture funds is submitted to the customer’s bank, via dial-up or high-speed Internet, and a hold is placed on the purchase amount in the account.ReceiptCredit card machines sometimes print a
