Payment Service/PDQ Machine
It’s a common alternative name for a card machine. You might also hear them referred to as a card reader, chip and PIN machine or card terminal too.
There are lots of different names for them, but they all allow you to take card payments. With a PDQ machine, you’ll be able to offer your customers an alternative way to pay, plus reduce cash handling within your business. You’ll also benefit from driving in customer footfall and more impulse purchases.
Merchant account is a business bank account which is used to acquire payments from your clients’ debit and credit cards. The charges are taken from your client’s account and sent directly to your merchant account, where the funds are held until they are settled into your nominated bank account. Merchant accounts will:
- Support you and your customers with the best security & data protection
- Guarantee debit and credit card transactions are processed safely and securely
- Protect you against chargebacks
- Pre-check customer’s accounts for sufficient funds before payment authorisation
How do they work?
An EPOS is a modern day till system, making it easy to process transactions and collect data on each payment.
It gives you complete visibility and control of your business, your inventory and your staff.
And you can log into this remotely, so you’ll always be able to see how your business is performing, wherever in the world you are.
What is an EPOS system?
This called an electronic point of sale system (EPOS), it makes it easier to take payments and manage your business day-to-day, including sales reporting, stock control, accounting and staff management.
The system uses up-to-the-minute technology and can be customised to your business’ needs. It can work independently, or be integrated with your current devices.
Their reliability and efficiency makes them a popular choice with businesses all over the world.
