PDQ hire is a convenient way to process payments while you are on the move if your business operates at different locations. The merchant services provider you choose can be the difference in getting approved or not being approved for a merchant account, without one you will not be able to have a PDQ machine. PDQ terminals offer fast, secure and reliable processing of card payments from customers at small businesses.
Chip and PIN is a sophisticated technology that is used in the United Kingdom for processing card payments, all merchants must be PCI compliant which means using this technology to accept cards is mandatory. An electronic chip on the front of each persons credit card stores information unique to them and is matched against the security code they type on a credit card machine pad in stores.
It is important for every small business to accept credit cards to compete with the thousands of other businesses in their niche that also provide this convenience for customers. You need not be worried about a high percentage fee being added to each transaction as merchant account providers have emerged to offer better deals than the acquiring banks.
The abbreviation PDQ puzzles many business owners when they are searching for payment processing machines and they over hear it when speaking to their bank manager. The term actually means ‘Process Data Quick’ and has recently re-emerged to describe mobile terminals whereas it formerly was applied to Point of Sale Systems dating back before 2004.
