Wireless

Wireless payment solutions represent one of the biggest upgrade opportunities for our marketplace in recent memory.

Why wireless? Without a doubt, the largest benefit offered by wireless payment terminals is their ability to tap into broadband transmission, using Internet Protocol (IP), without having to install Ethernet wiring, routers and hubs. This allows merchants to benefit from faster transaction speeds, greater security and reduced costs.

Wireless networks lower the cost of installing electronic POS terminals since merchants avoid the expense and inconvenience of installing additional telephone lines at payment locations. Broadband transmission of software upgrades also lowers the cost of POS terminal ownership.

Flexible
Portable, wireless payment terminals enable merchants to instantly add a lane during peak sales periods or extend electronic payment capabilities to sidewalk sales, garden centers or other outdoor venues. The terminals are also well suited for restaurants and resorts that need to follow guests to patio dining areas, golf courses or remote beaches.

Mobile Wireless, portable payment terminals are an ideal solution for merchants on the move, such as kiosk vendors, or merchants that offer delivery services. Battery operated, wireless portable terminals allow these merchants to accept a variety of debit and credit payments, which encourages larger purchases and provides online authorization for improved security.

Low Cost But wireless isn't just about portability anymore. An increasing number of merchants use wireless WAN connections in everyday settings where dial-up terminals work just fine. Why? Because the cost of wireless communications has dropped dramatically in the past several years to the point where some individuals have cast off their landlines in favor of wireless-only voice services that bundle long distance, local, voicemail and three-way calling.

Wireless WANs that connect a POS terminal to an acquirer share the same basic economic justification that drives consumer migration: lower cost and better service. A typical POS terminal transmits such a small amount of data that the wireless carriers have set up special pricing plans that reflect this usage model, which in some cases can be 50 to 70% lower than the cost of the average business phone line.

Always On
Wireless WAN services are typically "always on," so in addition to being substantially cheaper, they also perform better. This frees up the merchant to focus on sales and customers instead of staring at the POS screen waiting to see the word "approved."