As a business owner, it is important to have an understanding of credit card processing. Most people use a credit or debit card as a form of payment because it is quick and easy for them to do. Businesses should also be quick and easy in their ability to run a transaction for a credit or debit card.
One credit card terminal available is the VeriFone Tranz 460. This machine helps businesses accept all forms of credit cards quickly and conveniently. The printer provided with the machine will print a receipt of the transaction on either carbonless paper or impact-sensitive paper. The receipt is printed in two parts to help businesses keep track and conveniently know what is going on in their merchant account. At the end of the day it provides an audit trail report to help ensure everything is balanced.
The fact that it does come with its own printer makes it an all-in-one credit card processing machine that will save space and money. The design of how the printer paper feeds through helps eliminate jams and prints very well. The set up is efficient. There is also an ability to attach a bar code reader or PINPad for debit transactions or check reader as well. Because these are additions to the machine, a business can use exactly what they want or need and nothing else to personalize their credit card processing experience.
To make it even more convenient on the business and the merchant account, there is also the ability to perform multiple transactions before sending the information to the host computer. Its ability to prompt the user through everything helps eliminate confusion and ensures transactions are run smoothly and efficiently. That also cuts down on training time and therefore can save a business money in that aspect as well.
The VeriFone Tranz 460 has security and fraud features which protects everyone. It holds a large memory (128 Kb of RAM). This allows a large amount of transactions for batches. This is a cost-effective machine that will help many businesses with their point-of-sale transactions from start to finish.