All you need to know about payment terminals

16 September 2021

All you need to know about payment terminals :

If you are confused with what, how, and which payment terminal to choose that suits your business perfectly, You are at the right place. Just a few minutes and you will have all the answers to your questions.

What is a payment terminal :

A payment terminal is a machine that acts as a mediator between the payment sender and receiver for cashless transactions. Moreover, these are generally referred to as POS (Point Of Sale) terminals, and PDQ (process data quickly or Pretty damn quick ) terminals. The current techy world has made it necessary for businesses to have payment terminals at their counters to accept quick cashless payments and get one of your business. Be your business small or large, a good payment terminal can help you improve your customer experience by enhancing hamperless payments at your outlets or counters.

What are the features of a payment terminal? :

As mobile phones evolved into smartphones, so did payment terminals. Now it is not just about accepting payments, payment terminals have evolved a lot and have new handy features which have let you have an edge over other businesses. These features were introduced in Point Of Sale terminals to ease the business process and help you maintain and grow your business effortlessly. Here are some of the features that payment terminals are bundled with :

Contactless payments:

Contactless payments allow customers to pay at a Point of Sale terminal by simply bringing their credit cards or debit cards near it rather than swiping the card. It allows faster payments and with this feature, payments can also be captured using smartphones by just bringing the smartphone closer to the terminal and the amount gets deducted from the digital wallets that they use in their smartphone such as Gpay, Amazon Pay, Apple Pay, Alipay, Paypal, etc.

NFC Payments:

Near field communication (NFC) is a technology that is embedded in smartphones and now payment terminals accept payments using NFC, a user just taps his smartphone with the payment terminal, and payment is transferred securely.

Fingerprint readers:

To add extra security, some payment terminals are embedded with fingerprint sensors so that only authorized administrators can log in to the terminal and reimburse payments.

Online cash registers:

Some payment terminals keep a track of transactions and store data in a digital cash register so that you can screen your transaction history right away.

Inventory management:

Inventory management is a handy feature that helps ease the business process. With the help of this feature, businessmen can easily keep a track of available inventory and keep a note about out-of-stock items so that they are never short of products.

Invoice printing:

Even the smallest of the Point Of Sale systems can print receipts and invoices now so that you don't need a separate printer to print customer bills.

Interactive displays:

Having a user-friendly UI helps to improve customer experience and having interactive displays with cool graphics adds to the pros of a Payment terminal.

Transaction history:

Payment terminals store the transactions done on them, this helps not just to save and view records but also is needed while checking the status of completion of the transactions.

Bar code readers:

Barcode readers are embedded in All In One Point of sale Terminals which ease the process of registering the sale of a product by contactless scanning of the barcode on the product.

Secure Encryption:

Payment terminals are embedded with a high level of security so that your payments are always secure and confidential.

Interactive Data Metrics:

Some payment terminals record the data and represent the data in graphical forms which help you to easily analyze and interpret the data so that you understand your business growth in a better way.

What will be an ideal payment terminal for your business?

While choosing a payment terminal for your business, you need to consider various factors such as the scale of your business, the type of business, and your business process. E.g if your business includes keeping inventory updated such as a pharmaceutical store, a payment terminal with an inventory management feature will be a great fit. If you have a departmental store, a payment terminal with a barcode reader will ease your order processing. For a small business, a simple credit card and debit card terminal will be the efficient choice. If your business is mobile, a portable payment terminal will be the right choice. Apart from this, a virtual payment terminal will be the best choice for you if your business is online.

Why T360 Pay?

T360 powered payment terminals are secure, efficient, effective. In addition to this, T360 Pay provides world-class customer support so that your business is never hampered. We aren't just a payment provider, but we will support your business like a business partner. The devices powered by us are :

Clover Flex:

All-in-one handheld Point Of Sale system with built-in features such as conducting business, tracking sales, and accepting payments.


Feature bundled Point Of Sale systems by Godaddy brand; POYNT.

Desk 5000:

Point of sale system with strong Encryption and capability to run HTML5 business apps.

Move 5000:

Feature-rich next-generation portable payment terminal.

Clover station Duo:

Dual screen powerful Point Of Sale system that lets customers view and initiate payments on the second screen.

Clover Mini:

Sleek Point Of Sale System that can accept all types of card payments and NFC technologies


Quick and Secure online payment gateway for processing all payment types from debit and credit cards to gift cards. Let us be a part of your growth.

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