Comparing the Verifone and the Hypercom Credit Card Reader
Processing credit cards and checks is an important part of any type of retail business. The service industry also has to rely on these terminals in order to accept credit cards and checks. You can easily accept credit cards with a credit card reader. There are many of these terminals available but many come with long term contracts with financial institutions. You can get a POS credit card reader without having to go through a financial institution and instead use your own bank for conducting credit card transactions.
The Hypercom credit card reader is a great and easy way to verify credit card information. Not only will be able to scan and charge credit cards with just one swipe, you will also be able to make sure that a person presenting a check is using a valid checking account. This is just as important as getting the correct credit card information.
Most companies lose a good deal of money when checks bounce. These credit card readers will also verify that there are funds in the checking account to cover the cost of the check that is being processed. This will minimize the amount of bounced checks that are being processed and that you will be charged for.
With this magnetic credit card reader, you can also choose to have a separate keypad for those customers who are going to use a debit. This separate keypad will allow them to enter in their pin number to ease the transaction. All this can be done with one swipe of the credit or debit card.
If you do not need the debit card attachment or if you are not planning on taking any checks, then the Verifone model may be more of what you are looking for. This credit card reader printer will allow you to have quick and easy transactions over the phone. It has a built in thermal printer and connects through the modem in just seconds.
You can use this as a PC credit card reader as well. It comes with all the software that you will need to get it online with your computer software. This will save you from having to manually input much of this information into the computer separately. The Verifone is also a triple line card reader that will get all the information off the credit card that you need.
Both of these readers offer thermal printers so you can give your customer a receipt for their purchase without having to print out a computer generated invoice. Both are easy to use and have built in keypads for input of information. The Hypercom has the added benefit of a color coded keypad to make use that much easier.
If you are looking for a credit card reader and writer that is easy to use and that will not come with long a contract for use then either of these credit card readers will fit the bill. You simply need to choose the features your company will need.