FACTORS SUPPORTING THE POKER CREDIT CARD
In the modern world everyone might have
come across credit card terminals but we
are not aware of the name by which it is
known. People call it swipe machine. The
machine where our credit card is swiped
to make payments is called a credit card
terminal. Credit card terminals are used
only to process credit cards and not any
other gift cards or others. There are
other factors that make the use of
credit card terminal effective. The
other factors or elements are the
printer, modem, a memory card and power
supply. The massive development of the
world is dependent upon the technology.
We might have made payments through our
card in places like shopping malls,
cafeteria, medical shops, etc.
To make the optimum use
of the credit card terminal, the above
mentioned elements are most essential.
For instance, a credit card terminal
does not work without a power supply.
Likewise, a printer is required to print
the transaction record, a memory card is
used for storing the transaction files
and the modem is required to connect to
the server for the transaction. So, all
these elements are equally important for
the working of credit card terminals.
After a successful transaction or
payment made through the credit card
terminal, a printed record of the
transaction is needed. For this, a
printer is attached to the card terminal
for printing out the details. A copy of
the printer is handed to the customer
and the other copy should be signed by
the customer and returned to the bank
for a bank record. Some credit card
terminals are battery operated. In that
case a power supply may not be needed.
This type of a card terminal can be
carried as a mobile device. An internet
connection is a must for using the
credit card terminal. It is required
because it has to check with the bank
whether the user is authorised or not.
The card terminal connects to the bank
whichever the card belong to using the
internet. Sometimes the card terminal
may fail to connect to the internet
while making payments, in such cases the
transaction is said to be cancelled or
incomplete. The user must try again
until it gets connected with the
A memory card is also
required to make a card terminal useful.
These memory cards or chips are used for
storing the transaction details. It
works as a back up of every transaction
made during the day. At the end of the
day, the chip containing data are read
and kept as a future reference. It is
also an important element that makes a
credit card terminal effective. This is
important because there is less chance
of the data being distorted. A printed
paper record or the details generated
after the transaction can be torn or
washed away or even be lost. Some credit
card terminals come with pre-fitted
printers and memory cards but in most
cases it has to be fitted externally.
For each transaction processed, the
hosting banks get a commission.
Therefore the aforesaid factors make the
use of a card terminal effective.
Contact one of our helpful account
representatives to assist you in the
setup of a
high risk merchant account or
offshore merchant account for a
high risk merchant.