Sunday, September 11, 2011

Buying a Credit Card Pinpad and Pin Debit Processing

Credit Card Pinpads and Pin-Debit Processing
A credit card pinpad is a keypad device that is attached to a credit card terminal that will allow a customer to enter their PIN (Personal Identification Number) when the business processes their debit card. This type of system using a PINpad is called PIN-debit, or online debit (Not to be confused with internet or online processing). PIN debit can bea great money saving system for many businesses.
PINpads are relatively low cost devices that can save a lot of money over time. From recent studies, pin-debit transactions have surpassed cash transactions, in the most used single transaction type. When a customer uses a pinpad the money is removed directly from their bank account and transferred to the business that they are paying.
Benefits of Pin-Debit Processing


Cheaper than processing credit cards.

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