Offshore Merchant Account Revelations on Credit Card Terminal Scams

In order to have a smooth processing of your credit card payments for your offshore merchant account, you need a reliable and up-to-date credit card terminal. Now, with all the terminals being introduced almost every month, heck, every week, how would you know what to grab?

How it works

Credit card terminals are commonly seen in restaurant and retail businesses. Terminals appear in three versions; the traditional terminal, wireless credit card terminal, and the virtual terminal. The traditional terminal has a magnetic stripe reader, a keypad to enter prices and other information, and a small display. The displays are usually measured line lines and columns: an 8 x 20 display has 8 lines of text, 20 columns wide.

Wireless credit card terminals have built-in printers that enable you to carry it around. The factors you need to seriously consider are battery life, range, weight, and shock-resistance since it is going to be at arm's length during business hours.

When you talk about virtual terminals, it is a software that handles the credit card transaction, you simply type in the credit card number and the software handles the authorization.

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Offshore Merchant Account Revelations on Credit Card Terminal Scams