This is the traditional method for
accepting credit cards. A merchant can
swipe, dip or key enter transactions into
the machine. Newer Near Field
Communication (NFC) technology allows
many terminals to accept payments
directly from a cell phone through apps
like Apple Pay or Android Pay
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A POS system is similar to a terminal, but
it’s generally tailored to meet the needs
of each business. A salon POS, for
example, might want to offer an
appointment scheduling feature.
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