Debit Card Processing
Accepting Debit Cards
Debit cards are becoming increasingly the preferred method of payment for many individuals. Not everyone has perfect credit, but customers like the convenience of being able to make non-cash purchases at a point-of-sale. These client transactions are debited directly from their bank account via a card swipe and a PIN entry.
The majority of shoppers elect to use debit cards for nearly every transaction and have been seen to use them for even the smallest transactions, like a pack of gum etc. This speeds up the transaction and eliminated having to tote around for loose change. When using PIN-based debt systems, you will receive your payments instantly and securely with no worries for a chargeback or a bounced check.
We find you a service provider who will help create a hardware and software package that best accommodates PIN-based transactions through your point-of-sale system. In most cases, if you already have merchant services, you may be able to use your existing credit card system and hardware. In other cases, you may need to add a key pad, but we help you design the perfect system for your specific business need.
If you are ready to start accepting PIN-based transactions at your business, simply contact one of our merchant account specialists to have everything you need at your fingertips to get started.
Benefits of Debit Card Processing
- Enjoy lower costs with this type of transaction versus what you’d see with a credit card swipe.
- Open your business up to a multitude of clients who choose not to use credit cards or those who simply don’t have access to a credit card due to poor credit.
- Improve your relationship with your target market and keep your clients happy.
- Minimize chargebacks and fraud risks.
At Good Loans, we have an eager team that will provide your business with the right credit card processing unit and PIN-debit terminal that will help your company increase sales and revenue. Contact us today for more information and get ready to take your business to the next level.