PDQ Card Payments
Most merchant are interested in getting a merchant account for the fact that it allows them to take card payments. Credit and debit card payments are the most popular payment method among customers in almost any environment and people have even come to expect this option from sole traders, market stalls and other small vendors.
Setting up a merchant account lets a trader accept card payments, and many merchant account suppliers also offer card machines, so you will have no compatibility issues.
In addition to being able to take card payments face to face with a PDQ machine, having a merchant account will also allow you to take payments online.
With a merchant account and a payment gateway in place, your customers can enter their card details into a checkout on your website or web shop and pay securely online.
Setting up a merchant account offers security in a variety of ways. It means that you can accept card payments, so you will have less cash to deal with. This means that there is less chance of your staff giving wrong change or pocketing cash, and less chance of cash going missing for other reasons. In the event of a robbery, there is less cash in your till that could be stolen.
There is also less chance of someone paying you with counterfeit bills or coins. Also, credit and debit card payments are checked by a secure payment gateway provider before being authorised, so you’ll know immediately if a customer’s payment isn’t cleared.