How to work with a card machine? 7 main steps!

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card machine
Learning how to work with a card machine is a great way to avoid losing good sales . After all, this is one of the most used payment methods by Brazilians, and not accepting it alienates the public, reduces the competitive potential of your business and reduces revenue .

To make it clearer what we are talking about, know that cards were responsible for the movement of R$965 billion in the 1st quarter of 2024 alone , according to data from Abecs , the Brazilian Association of Credit Card and Services Companies.

In the credit function, 4.7 billion transactions were carried out during this period, in the debit function 4 billion and in the prepaid function 2.1 billion, totaling an average of 120 million payments per day.

We don't even need to say how important it is to use a credit card machine in your company to absorb part of this volume, do we?

So, continue reading this article and check out cambodia number dataset you need to know to work with this billing equipment.

After all, how to work with a card machine?
To work with a card machine, the most important steps are:

understand how this device works;
choose the right model for your business;
research suppliers;
compare rates;
check compatibilities;
analyze security policies;
evaluate the support provided.
See the details of each of these steps!

1. Understand how this device works
Machines are devices that read the information contained on cards, such as the number, expiration date and name of the cardholder. This reading can be done by approximation or insertion, using the chip or strip, depending on the type of equipment.

After reading the data, the card machine connects to the customer's financial institution to approve or reject the transaction. At this point, the account balance (in the case of debit or prepaid) and available limit (for the credit function) are assessed.

Everything happens extremely quickly, in just a few seconds, and the amount is released into the seller's account within the timeframe agreed with the card operator.

2. Choose the right model for your business
There are several models of card machines, such as those designed to be fixed at points of sale and mobile ones, which can be taken anywhere. There are also differences in connections, such as via Bluetooth and Wi-Fi, and readers for contactless payment or QR Code.