Learn all about Merchant Accounts, accept credit card payments online and apply for a free merchant account! |
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Merchant Account IQ - All About Merchant Accounts - Accepting Credit Cards Online - Compare Credit Card Processing Companies |
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Wireless credit card machines are at the forefront of credit card processing technology. Many have built in pin pads and thermal printers to make them a complete mobile transaction solution. They are lightweight, very portable and are easy to use. * A wireless credit card machine comes
with advanced technology but also with a much higher price tag when
compared to standard POS terminals. The starting price on a wireless
credit card machine is around $850.00 for full featured terminals and
can go up from there. |
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| * Most wireless
terminals have built in pin pads , and are also able to operate with
electronic check acceptance services. Due to federal regulations, both
debit and electronic checks must be processed through a land line
connection and cannot be processed wireless. This is due to the added
security that is required when transactions involve a customer's bank
account. * Wireless credit card machines are most often used in mobile and trade show businesses, but are becoming more common in upscale restaurants, taxi, limo, and delivery services. Wireless Processing Networks Wireless credit card machines operate on wireless networks, and thus require additional wireless fee's for the cellular service. A wireless credit card machine can be used with a normal phone line if cellular service is not available within a particular area, or can be set up with a store and forward system when no telecommunication method is available at all. Important Wireless Network Information 1. Mobitex Wireless Processing Network uses a satellite network, and operates similar to a cellular phone. This network is the standard for wireless processing. The mobitex network is run by Velocita Wireless. This is not the standard cellular phone network, but is designed specifically for business and processing uses. 2. CDPD Wireless Processing Network is similar to but pre-dates the Motient network is called CDPD. Machines that use the CDPD system will soon be useless on the wireless processing network because the CDPD system is being abandoned. It is important when purchasing a wireless terminal to ensure that the machine does not use the CDPD wireless network but uses the Motient or CDMA networks. 3. Wireless Network is very new for processing is the standard GSM and CDMA cellular phone networks. The GSM network is used by Cingular and T-Mobile. The CDMA network is used by Verizon and Sprint Wireless . These systems are the networks that most cellular phones operate on, allowing for a very large coverage area and reliable service. The coverage area is substantially larger than the Motient Network. Subhash Kumar |
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