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Credit card processing machine is a machine that helps people to pay the amount with the help of credit card. This money is anyhow connected with the merchant account to make the payment. These machine either read the account information or people are required to feed the information manually to make the payment. Various types of credit Card Processing Machines are available. Many companies design and manufacture credit card terminals. Some machines are stationary, computer wired, wireless and virtual. The commonly seen credit card machines are as follow:
Stationary Credit card processing machine: This is fix credit card terminal and connects to merchant account with analogue phone modems. The machine is attached with printer to print the payment details. This machine can be seen most of the retail shop. The payment is done after connecting the merchant account to draw the information from the credit card. Same machine is used for debit card payment as well. You need to swap the card in the terminal to let it read the magnetic information to make the payment. You are also required to feed the person identification number to ensure payment.
Wireless credit card terminal: This machine is connected to Merchant Accounts with the internet signal. Te connection is not wired. Here line is connected with GPRS or CDMA wireless network. This is very small in shape and is movable. People can move the machine anywhere and is good for remote business. Payment through this machine is easy. Just swap the card and make the payment.
Cell phone credit card processor: Cell phone processor is similar in function as that of wireless terminal. This machine connects to merchant account with cellular phone signal instead of internet signal as in wireless network. This machine is very tiny in shape. People can carry it any where. This is also suitable for remote business.
Virtual credit card terminal: Virtual Credit Card Terminal is basically software that is installed on the online trading sites to make the payment online. In this terminal there is no option to insert and swap the card. You have to feed the information manually to make the payment. This system of credit card payment is suitable for internet marketing. This virtual machine can be useful to you only when you have internet connection.
These are the popular credit card processing machines available in the market to make payment with the help of plastic card both debit card and credit card.