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Sekure is fortunate to be providing payment processing software to thousands of mechanics and repair shops across the nation. Among these merchants, the most popular credit card terminal is the Verifone Vx520. While this is an excellent machine and has served the purposes of these merchants well, it has just been announced that it has been discontinued. This means that, while you’ll still be able to use it, you won’t be able to get assistance if you run into any problems.
According to a recent report published by Grand View Research, the Point Of Sale terminal market is projected to grow to $130.91 billion by 2028. The expected increase is driven by an increase in the volume of card transactions and the demand for contactless payment options.
Are you discouraged every time you look at statements from your payment processor? If you are feeling overwhelmed and confused by all the fees (and you’re not getting answers from your payment processor) then it’s time to consider switching to a new provider.
Installment loans are nothing new—consumers have been using them for decades to finance big-ticket purchases like appliances, furniture, and electronics. But fintech companies have brought POS financing to the younger masses with flexible products; indeed, the process is now more seamless than ever and gaining traction. As a merchant, should you jump on the POS-lending bandwagon?
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