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payment_processing_-_why_a_debit_pinpad_and_a_credit_card_msr

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payment_processing_-_why_a_debit_pinpad_and_a_credit_card_msr [2008/01/24 08:12 (16 years ago)] ron_wws5.compayment_processing_-_why_a_debit_pinpad_and_a_credit_card_msr [2009/01/26 11:11 (15 years ago)] kevin
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   - Replacement value off a swipe machine is much less than an encrypted debit PINpad. A credit card swipe (MSR) is  $50, a debit pinpad $650.00. Both machines have limited lifespan as far as the number of swipes they can read before they need to be replaced. It would be much more economical to have a percentage of the swipes on a cheap, $50 machine so you can preserve the life of your more expensive debit PINpads.    - Replacement value off a swipe machine is much less than an encrypted debit PINpad. A credit card swipe (MSR) is  $50, a debit pinpad $650.00. Both machines have limited lifespan as far as the number of swipes they can read before they need to be replaced. It would be much more economical to have a percentage of the swipes on a cheap, $50 machine so you can preserve the life of your more expensive debit PINpads. 
   - Reconciliation of end of day reports are easier with the additional customer information collected using a credit card swipe.   - Reconciliation of end of day reports are easier with the additional customer information collected using a credit card swipe.
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 +<note>Technical Reason:  Customer name information does not get passed from the second track of the PINpad.
 +</note>
payment_processing_-_why_a_debit_pinpad_and_a_credit_card_msr.txt · Last modified: 2017/02/23 15:13 (7 years ago) by craig