Why a Faster Terminal Can Save You Money

In the world of business, time is money. No matter what your line of business, higher productivity and greater efficiency always translates to a bigger bottom line. So, in essence, when you save time, you save or make money. This is no more evident than in the processing of transactions and payments, especially considering the number of both that occurs over the course of a day, or a week, or a month. Few things can slow the pace of business more than a sluggish payment processing system. If this is the case with your business, it's time to explore how a faster terminal can save you money.

Chances are your business is already linked up with DSL, cable or an Ethernet LAN, so why not leverage the speed of the Internet to save you time and money on payment processing? When combined with today's state-of-the-art POS technology, Internet-based payment gateways and virtual terminals are your ticket to high-speed transactions and payment processing. From the swipe of the card to the deposit of the payment in your business account, the pace of business accelerates as does your bottom line growth.

A Faster Terminal and Your Bottom Line

Out with the old. The first real dollar savings you realized is in the elimination of expensive, dedicated dial lines which are slow to begin with. No more line charges or per-minute fees.

Transactions at Internet-speed. The average length of an Internet-based transaction is just over 3 seconds, which is a fraction of the time it takes to process a cash transaction. Faster checkouts always translate into higher dollar volume and more productive sales staff.

Spend more time working on your business, not in your business. The less time required to be spent on processing, batching, tracking, and chasing chargebacks or bounced checks, the more time you and your employees can spend on improving other aspects of your business.

Faster cash churn. With faster transactions, including authorizations, on the front-end, the back end processing is also accelerated. Payments are converted to deposited funds within just two or three business days.

Card processing technology is advancing rapidly, cutting the time and costs of converting transactions into bottom-line results. If you're not currently leveraging the speed of the Internet to accelerate the pace of your business, it may actually be costing you money. Working with a full service payment solutions you can be up and running with leading edge technology and saving time and money within a day.