Member Benefits

Credit Card Processing

While most business owners wouldn't consider using outdated technology for their transportation or communications, many still rely on a VeriFone Zon Jr. or Tranz 330 terminal with a separate printer -- once the standard in the industry -- to process credit card transactions. If you are using one of these devices, your terminal may not meet current VISA and MasterCard Association standards for truncating account numbers on receipts, and can be putting your business and your customers' credit information at risk.

Choosing the Right Payment Terminal

Today, you have a choice of terminals that offer advances in performance, functionality and ease of use. While your current terminal may still perform basic authorization and settlement functions, newer, more secure models can keep your business in step with the latest card association security requirements -- and save you time and money. Maybe it's time to consider upgrading your terminal.

In addition to conforming to association security standards, upgrading can deliver greater convenience for both you and your customers.

Consider these advantages:

• Expanded Memory -- ability to support additional industry and security requirements as well as more efficient end-of-day processing.
• Smaller Terminal Footprint & Integrated Printer -- reduce the pieces of equipment taking up precious counter space, reduce the number of unsightly cables at the point of sale and enjoy drop-in paper loading, fewer jams, and quiet receipts that print in three seconds.
• Online Debit Capability -- accept debit cards for greater payment convenience for your customers and reduced processing costs for your business.
• Value Added Products -- ability to add electronic check service and/or electronic gift card.
• Connectivity Options -- Select from devices that support dial, Internet or wireless communications.

This information is brought to you by Elavon. Call Kimberly Layton with questions at 1-866-638-8614.

Reprinted from Floor Care Professional, September 2009