Confused? We're here to help!


The credit card industry can be extremely confusing. This page is designed directly for the purpose of helping you out! Below are a list of terms and definitions that can be easily misunderstood. If you have a specific question or need more help give us a call at 1-877-295-6789. 

> EMV 
  • EMV stands for Europay, MasterCard and Visa. It is a universal and global standard for all credit card terminals and credit card processing. EMV chip enabled cards have been used in Europe for numerous years, and in October 2015, all cards must be EMV enabled in the US. All credit cards will need to be enabled with an EMV chip. EMV is a new technology for the United States but will greatly affect the terminal industy. In October of 2015, all terminals must be EMV certified. Credit Card Terminal currently houses muliple EMV Certified terminals such as: Vx520, Vx 680 and the ICT 220.

> PCI Compliance
  • PCI stands for the payment card industry. PCI Compliance ensures that all companies that accept credit card information are following the requirements to ensure a safe and secure transaction. Each terminal has a level of PCI compliance, PCI1, PCI2, or PCI3. PCI3 is the highest level of PCI compliance and has the highest level of security. 

> Apple Pay/Google Wallet

  • Apple Pay/ Google Wallet gives customers the ability to make a payment with their phone or smart watch. Apple Pay launched in October of 2014 and Google Wallet has been around for several years. Many banks and merchants are accepting and promoting the use of this new technology. In order to accept this type of payment the terminal must be a "contactless terminal." This basically means that the customer doesn't need to physically contact the terminal in order to make the payment. 

> POS System
  • POS System, aka Point of Sale System, is another way in which businesses can accept payment. Point of Sale Systems allow for the merchant to track inventory, manage staff members hours and email top customers. Many current point of sale systems are run directly from an iPad or iPhone and can be managed from anywhere and everywhere. Click here for more information.

Frequently Asked Questions (FAQ)
> How does credit card processing work?
  • Credit Card Processing gives merchants the ability accept credit cards. In order to accept credit cards a merchant must sign up with a processing company. Each processing company has different rates per transaction and varies. Click here for more information. 
> How do I set up credit card processing?
  • The easiest way to set up credit card processing is by simply calling us at 877-295-6789. We offer competitive rates​ and can set up sooner than most other processors. Currently have processing? Call us to compare prices to ensure that you are receiving the best deal. 
> How does a POS system work?
  • A Point of Sale System works in numerous ways but one of the most effective ways is through a iPad or iPhone.  Clover POS is one of the top POS systems on the market and Credit Card Terminal offers the lowest rates on Clover POS.

> How can I accept Apple Pay?
  • You can accept Apple Pay and Google Wallet by using a contactless terminal such as the VeriFone Vx520.