What’s the best card machine for your business?

Business, Finance - 04/05/2023

Wireless transactions have quickly become the accepted mode of payment these days. With a quick tap, card machine customers are free to process simple, fast transactions that let them swipe and get on with their day. 

However, while convenient, these machines can run the risk of hidden setup and transaction fees if they aren’t suited to meet your monthly transaction volume. 

This decision, while seemingly minor, can end up costing you more money down the line. It’s essential to do your research to find the suitable card machine for you.

What are the different kinds of card machines?

The right card machine will need to support daily operations and work alongside your premises’ limitations.

Mobile card machines

Mobile card machines are perfect for businesses that suffer from poor connection areas as they don’t need stable wifi or consistent power to function.

They only require a single payment on purchase, rather than a monthly subscription. 

Unfortunately, convenience like this comes at a price. Transaction costs may be higher, so keep that in mind before buying one. 

Mobile card machines also come with a range of intuitive apps that help you adjust payments on the fly. You’ll have the ability to process digital receipts and even keep stock of your inventory.

Countertop card machines

If your business requires you to stand behind a counter, a countertop card machine is your best bet as it is designed with a constant internet connection. Depending on your premesis, you may need to purchase an ethernet cable.

These countertop card machines are not available to purchase. Instead, they’re rented on a monthly basis. 

Due to its simple functionality, a countertop machine can end up saving you more money in the long run. Often, the monthly subscription model actively reduces transaction fees. 

Portable card machines

With a battery pack and wifi adapter built-in, you’re free to move around the premises without the need for wires or cables. 

This can be an ideal device for businesses like restaurants or bars where taking customers’ payments at their tables is necessary.

Much like the countertop machine, a portable machine cannot be bought outright and will need to be rented, but it will rescue transaction costs.

The downside is that prices are not so readily available due to their general mobility. You may need to track down merchant account suppliers to get a quote that works in tandem with your monthly transaction volume. 

Although integral to the modern business, having to match your machine’s sales receipts to your end-of-day reports can sometimes feel like a nightmare. 

To take the sting out of your closing time, why not get in touch with us today and see about outsourcing your cashiering services to Numero.