Welcome to the ultimate guide to card machines by Merchant Advice Service. Whether you’re a small business owner or an experienced entrepreneur, having a reliable card machine is crucial in today’s cashless society. On this page, we’ll explore different types of card machines, their benefits, and how to choose the right one for your business. Get ready to enhance your customers’ payment experience with our expert insights.
Are you a business owner looking to take your customer experience to the next level? Consider incorporating a card machine into your operations. Card machines offer a fast, easy, and secure way for your customers to make payments. This guide will tell you everything you need to know about card machines and how they’ll benefit your organisation.
In today’s market, you can find a variety of card machines, each with its own unique features and benefits. Some of the most popular types include:
Countertop card machines: These machines are typically used in stationary locations such as retail stores or restaurants, providing a convenient payment option at the counter.
Portable card machines: If your business requires flexibility, such as restaurants with outdoor seating or businesses attending trade shows, portable card machines are a great choice.
Mobile card machines: Designed for businesses on the move, like delivery services or market vendors, mobile card machines enable you to accept payments wherever you go.
The type of card machine that suits your business depends on your location and available connections. While most machines are programmed to accept payments in various ways, let’s take a closer look at the options:
Portable Card Machine: Portable card machines, also known as wireless card machines, allow you to accept payments from almost anywhere. They are compatible with both Wi-Fi and GPRS connections, making them versatile for remote settings and on-the-go businesses. With a portable card machine, you can take payments at the table in hospitality establishments or even in the middle of a field at festivals.
Mobile Card Machine: Mobile chip and PIN machines operate on GPRS (General Packet Radio Service) alone, utilising a SIM card for mobile transmission of payment data. These machines enable you to accept payments as long as you have a signal, making them ideal for businesses that require mobility and flexibility.
Countertop Card Machine: Countertop card machines are commonly used in retail or hospitality settings. They work directly with your telephone line or EPOS (Electronic Point of Sale) system. While they are a more traditional option, countertop card machines are often the most cost-effective choice for businesses that primarily operate in one location.
iPhone Card Machine: If you prefer to use your iPhone, smartphone, or iPad for accepting card payments, there are options available. Typically, these solutions involve installing an app on your device and connecting it to a small hardware accessory via Bluetooth. Some companies even offer app-based payment acceptance without additional hardware, using QR codes for ecommerce transactions.
When selecting a card machine for your business, several factors should be considered:
Choosing the right card machine contract can be challenging, and several elements should be taken into account before signing the agreement. One important consideration is the length of the contract. Think of card machine hire as similar to a mobile phone contract. You purchase the machine itself and then pay for transactions on top, similar to buying a handset and subscribing to a mobile network. If your business processes payments throughout the year, a long-term contract may be appealing as it can secure lower terminal costs, with some options available for less than £10 per month. However, it’s essential to consider other aspects of the cost of accepting card transactions, such as rates and fees.
For seasonal businesses or those hosting one-off events, short-term card machine hire may be more suitable. These options provide flexibility without being tied down to a lengthy contract. Short-term hires are commonly used for events, trade shows, festivals, and pop-up shops.