Are you considering investing in a credit card terminal? If this is your first physical payment processor, it’s a big deal! For many small business owners, buying or upgrading a credit card terminal coincides with growing your business. Often, business owners move from selling purely online to in-person, physical sales. Otherwise, you may be shifting from a more informal format to something that serves you beyond simply processing payments.
Whether you’re buying your first machine or moving on to something more advanced, there’s a lot to choose from. No worries—we have you covered. Let’s dive into the world of credit card readers. Consider this your primer from FLO Business Solutions!
What is another name for a credit card terminal?
When you first begin researching your payment processing options, it’s easy to experience confusion over the terminology. It’s actually a lot less complicated than it may seem, however. There are actually several different terms you can use instead of credit card terminal. They include:
- Card reader. This is a little less formal, and may be more familiar to casual customers.
- Credit card machine. Goes without saying, right?
- Point-of-sale (POS) system. One of the most widely-used terms, we often use this to refer to credit card terminals on a more formal level. Plus, a POS system is a system—it includes the physical terminal, but can go beyond it.
No matter what you call your system, it’s important that you know its capabilities and limitations. It’s a good idea to write down everything you need from a payment processor before beginning your search. Generally speaking, you’ll want as much freedom as possible when using your credit card reader. Don’t settle for a system that does the bare minimum. Make sure you’re using a system that’s up to date, with a support system you can trust. That means talking to real people when you have questions.
What is a smart card terminal?
Here’s the thing: there’s a traditional card reader, and there’s a smart card terminal. You most likely have a “smart” card right now—it’s the card that uses a chip. A smart card terminal can read that chip quickly and reliably. There are two main types of smart card readers.
- The contact model. This model requires customers to insert their cards into the device.
- The contactless model. In this case, the reader relies on radio frequency. All the customer has to do is tap or hover their cards over the readers, and they’ll be good to go.
You can also procure a terminal that combines the contactless and contact models. When you offer both options, you’re essentially insuring your sale. If, for whatever reason, one method proves tricky for the customer, you have a backup.
Keep in mind that the contactless model is the most advanced at this time, and can be more convenient for customers in a hurry.
How do I get a credit card terminal for my business?
Typically, you’ll procure a credit card terminal from a retailer like FLO Business Solutions. Keep in mind, however, that you don’t want to work with a faceless company. Even the simplest of payment solutions come with learning curves, and you’ll want to make sure you can reach out to real people if you have questions (what is Clover, anyway?). At FLO Business Solutions, we ensure that you’ll always have someone ready to help—no matter what.
Additionally, you want to make sure that the company you work with can help you scale up as
needed. The more your business grows, the more you’ll rely on not only your payment methods but the company supporting them. If you can get everything you need—from machines to support—in one place, you’ll be off to a a great start.
Frequently Asked Questions
Do you still have some questions about finding the best credit card terminal for your business? Below, we’ve listed some things our customers frequently ask.
What are virtual terminal card processing systems?
A virtual terminal card process system is one option available to small business owners. Rather than working with a physical card reader, a virtual reader allows you to work off (basically) any device. This increases your flexibility, and can be easier for some businesses as they grow. Often, you can acquire a virtual POS system from the same company that handles your physical machines (if you choose to have both).
What is a mobile credit card machine?
People carry their credit cards everywhere in this day and age. That means you need to be able to meet them anywhere, right? A mobile credit card machine allows you to set up shop at trade shows, pop-up markets, and more. You’re not stuck in one place, and can sell your services or products wherever you wish. Plus, they’re lightweight and simple to use.
Can I use mobile credit card readers with my phone?
The short answer: Yes.
The longer answer: In some cases, you may integrate mobile credit card capabilities with your personal devices. This is where a credit card machine for phone comes in. Rather than working with a bulky machine, all you have to do is handle a small device. It’s easily attached to and from your phone, and empowers you to run your business wherever you need.
Contact FLO Business Solutions Today!
We know moving on to a new payment processing system can seem like a lot of work. But if you collaborate with the right company, you’ll get the guidance you need. At FLO Business Solutions, we’re here to assist. Call us at 803-887-7356 or connect with us here. Start upgrading your business today!
A reliable and efficient point of sale (POS) system is crucial in the retail and hospitality industries. Whether you’re running a bustling restaurant, a chic boutique, or a cozy cafe, the right POS system will streamline your operations. Likewise, it enhances customer experiences, and ultimately boost your bottom line. But with so many options available, how do you choose the best one for your business? Plus, you have to think about current technology and determine if you need a tablet POS system.
Our POS experts at FLO Business Solutions understand all the facets of POS systems, including ones that utilize tablets. Furthermore, we work closely with all our clients to ensure they have a system that fits all their business needs. Ready to have a demo to see how our system will help you? Schedule it using this link or call us at 803-887-7356.
This blog shares about the evolution of POS systems into today’s modern tablet systems.
The Evolution of POS Systems From Traditional to Tablet-Based
POS systems have come a long way from their humble beginnings. Originally, businesses relied on a simple square cash register to process transactions. These traditional systems were bulky, stationary, and offered limited functionality. Primarily, they handled cash payments and generated basic receipts. However, as technology advanced, so did the capabilities of POS systems.
The introduction of computerized POS systems marked a significant shift in the retail and hospitality sectors. These systems allowed for more complex transactions, integration with inventory management, and detailed sales reporting. Despite these advancements, traditional computer-based systems still required physical space and often involved cumbersome hardware.
Enter the tablet POS system. With the advent of mobile technology, businesses gained access to a more flexible, portable, and user-friendly solution. Tablet POS systems offer the same robust functionality as traditional systems but with the added benefits of mobility and ease of use. They revolutionized the way businesses handle transactions. Consequently, this frees retailers and restaurateurs from the constraints of stationary setups.
Three Major Benefits of A Tablet POS System
The emergence of utilizing tablets for POS Systems provides numerous benefits to businesses. Here are three advantages businesses receive when they switch their retail POS to one of the best tablet systems.
- Improves efficiency
- Mobility for accepting a credit card payment
- Elevate customer experience
One of the most significant advantages of tablet POS systems is their ability to improve business efficiency. By streamlining processes such as order taking, payment processing, and inventory management, these systems help reduce wait times and minimize errors. With a few taps on a touch screen, employees will quickly complete transactions, enhancing productivity and allowing them to focus on providing excellent customer service.
Mobility is another game-changer brought about by tablet POS systems. In the past, employees were tied to a single location when processing transactions. Now, thanks to the portability of tablets, employees can move freely throughout the store or restaurant taking orders and accepting payments directly at tables or on the sales floor. This flexibility not only improves service speed but also enables staff to engage more personally with customers, enhancing their overall experience.
Furthermore, tablet POS systems offer features that elevate the customer experience. Many systems come equipped with customer-facing displays. These displays allow patrons to view their orders, apply discounts, or sign for payments electronically. Some even support contactless payments, catering to the growing number of consumers who prefer digital wallets or mobile payment apps.
Commonly Asked Questions about Tablet POS Systems
We know POS systems are complex and not easily understood. That’s why our team is standing by to help you with any questions or issues you have. Simply call us at 803-887-7356 and we are happy to help. We’ve also compiled this FAQ section to hopefully answer some of your pressing questions.
How Do I Choose the Right System For My Business?
When selecting a tablet POS system for your business, it’s essential to consider your specific needs and industry requirements. For retailers, focus on systems that offer advanced inventory management and customer relationship features. Restaurants should prioritize systems with table management, split-billing capabilities, and kitchen display integration. Small business owners should seek out affordable, scalable solutions that can grow with their business.
Are There Specific Features I Should Look For in My POS System?
The simple answer is yes! When selecting a tablet POS system, it’s essential to consider the features that will best support your business operations. Another vital feature to look for is comprehensive reporting capabilities. Thus, this allows you to make informed decisions, identify trends, and spot opportunities for growth. Likewise, integration capabilities are also crucial when choosing a tablet POS system.
What Does FLO Business Solutions Offer My Business?
FLO Business Solutions is a one-stop shop for your business. We focus on providing you with everything you’ll need to keep your business running smoothly. Our services include:
Last, but certainly not least, you can take advantage of our current promotion. We are currently offering discounts on our digital signage, which gives your business’ marketing efforts a boost! Click here to learn more about this current promotion.
Take Advantage of Todays’ Technology by Using a Tablet with Your POS System
Ready to explore the benefits of a tablet POS system for your restaurant or your business? Start by assessing your specific needs and researching available options to find the best fit for your unique operations. With the right system in place, you’ll be poised for success! FLO Business Solutions is here for you throughout the entire process. Call us now at 803-887-7356 or schedule your free demo today to level up how you accept payments.
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