All the sales pitches you hear sound great, but it's hard to take stock and get a clear comparison of all the contenders in order to choose the best payment processor for your establishment . (If you're not there yet, find out what to look out for when choosing a payment processor for your restaurant .) We've compiled seven questions you should ask payment service providers when looking for the best solution for your business. Is the hardware included? What is the average transaction receipt time? What kind of support does the payment processor offer.
Are there any hidden fees? Is this a complete solution? How are the different card types charged? Payment terminal Deliver a unified payment experience with the new Lightspeed Payments solution Industry email list Intuitive, scalable, reliable: Lightspeed is the all-in-one checkout system that keeps your customers and staff safe with a selection of contactless solutions. No third parties, no setup fees, just fast and reliable payments directly from your checkout system. Explore Lightspeed Payments 1. Are hardware included? Whether the payment provider sells or leases hardware (or doesn't provide any at all), you need to know the answer to this question to adjust your budget realistically.
If possible, you should buy your equipment rather than renting it. Purchasing your hardware may be a higher initial cost, but it will save you money in the long run. If you ever decide to change your system, having hardware that can be used with different processors will save you from having to start from scratch. Did you know ? The Lightspeed Payment solution is compatible with three payment terminals with the highest ratings on the market : Verifone e285: a portable touchscreen payment terminal for secure acceptance of payments everywhere P400 : an advanced and high-performance fixed payment terminal with LAN and WIFI capabilities.
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