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Credit Card Processing: 3 Types of Credit Card Terminal Receipt Printers
<p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2"><em>by Trisha Echols</em></font></font></p> <p style="margin-bottom: 0in"><br /> </p> <p style="margin-bottom: 0in"><br /> </p> <p style="margin-bottom: 0in"> I<font face="Arial, sans-serif"><font size="2">f you have a store location and subscribe to credit card processing services, you need credit card receipt printers. These machines can give your customer the necessary paper print-outs of their transactions. You also keep a copy of the receipts to win against any card transaction disputes. Thus, it is imperative that you equip your business with these credit card receipt printers.</font></font></p> <p style="margin-bottom: 0in"> <font face="Arial, sans-serif"><font size="2">Credit card receipt printers come in various types. There are dot matrix printers, thermal printers, and ink-jet printers. Your choice will largely depend on your budget and the printing features you need. </font></font> </p> <p style="margin-bottom: 0in"><br /> </p> <p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">DOT MATRIX PRINTERS</font></font></p> <p style="margin-bottom: 0in"> <font face="Arial, sans-serif"><font size="2"> Pros:</font></font></p> <ol><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Readily available</font></font></p> <p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Dot matrix printers can be found in most malls, department stores, and in some slected electronic shops. These printers have models that use two colors, and some have even built in cutter. </font></font> </p> </li><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Low-Cost</font></font></p> <p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">These dot matrix printers are very affordable. If you are on a tight budget, then this is the way to go. </font></font> </p> </li><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Durable and heavy duty</font></font></p> <p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Dot matrix printers are built to last for years so you get your money's worth in the long run. They can withstand heavy workloads at all times. </font></font> </p> <p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">CONS </font></font> </p> </li></ol> <ol><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Somewhat bulky. Many store owners complain about the size of dot matrix receipt printers.</font></font></p> </li><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Noise. When used, dot matrix receipt printers emit some noises that some individuals find cumbersome and irritating.</font></font></p> </li></ol> <p style="margin-bottom: 0in"><br /> </p> <p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">THERMAL RECEIPT PRINTERS</font></font></p> <p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Cons:</font></font></p> <p style="margin-bottom: 0in"><br /> </p> <ol><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Sleek, ergonomic design. Contemporary equipment for your credit card processing needs.</font></font></p> </li><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Operates faster than dot matrix. Hence, it can finish up the printing job in less time when compared to dot matrix counterpart.</font></font></p> </li><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">With built in auto cutter or tear bars.</font></font></p> </li><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Less mechanical glitch than dox matrix types</font></font></p> </li></ol> <p style="margin-bottom: 0in"> <font face="Arial, sans-serif"><font size="2">Pros:</font></font></p> <ol><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Cost – thermal receipt printers cost more than its dot matrix counterpart.</font></font></p> </li><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Uses a specialized heat sensitive type of paper. You should stack a good supply of heat-sensitive paper for this kind of equipment.</font></font></p> </li></ol> <p style="margin-bottom: 0in"><br /> </p> <p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">INK-JET PRINTERS</font></font></p> <p style="margin-bottom: 0in"> <font face="Arial, sans-serif"><font size="2">Cons </font></font> </p> <ol><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">The latest breakthrough in receipt printing technology.</font></font></p> </li><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Fast operation and clear output.</font></font></p> </li><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">State-of-the-art technology and design</font></font></p> </li></ol> <p style="margin-bottom: 0in"> <font face="Arial, sans-serif"><font size="2">Pros</font></font></p> <ol><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">Come with a hefty tag price</font></font></p> </li><li><p style="margin-bottom: 0in"><font face="Arial, sans-serif"><font size="2">requires regular maintenance check-ups</font></font></p> </li></ol> <p style="margin-bottom: 0in"><br /> </p> <p style="margin-bottom: 0in"> <font face="Arial, sans-serif"><font size="2">If you are on a tight budget, you may want to consider buying second hand card receipt printers. These reconditioned equipment can give you value for your money. Their price come within easy reach, and you can easily buy a replacement in case one printer bogs down. </font></font> </p> <p style="margin-bottom: 0in"> <font face="Arial, sans-serif"><font size="2">You can find quality refurbished card receipt printers at second hand electronic shops, at bargain centers, and at some selected stores. You can also find them at eBay and other online auction sites Just be prepared to do some searching. </font></font> </p> <p style="margin-bottom: 0in"> <font face="Arial, sans-serif"><font size="2">On the other hand, buy brand new credit card receipt printers if you can afford it. You will encounter less operational hassles and mechanical glitches with brand new machines than refurbished equipment.</font></font></p> <p style="margin-bottom: 0in"> <font face="Arial, sans-serif"><font size="2">It is also worth noting that experts suggest you should try to buy credit card terminals at the start of your credit card processing service. It could cost you money but you could gain significant savings ( and save yourself a lot of headaches!) in the long run. </font></font> </p> <p style="margin-bottom: 0in"><br /> </p> <p style="margin-bottom: 0in"> <font face="Arial, sans-serif"><font size="2"><em>( Trisha Echols currently is a long-time financial consultant with established consultancy offices in Amsterdam, Halifax, Malaysia and other key cities. Her clients belong to the top 500 companies in England and in the United States. She does lectures on strategic business practices and also writes for various magazines on business matters.)</em></font></font></p><p style="margin-bottom: 0in"> </p><a href="http://www.onlywire.com/submit?u=http://www.creditcardprocessingexperts.com/credit_card_processing_3_types_of_credit_card_terminal_receipt_printers.html;t=credit%20card%20processing;tags=creditcard%20processing" target="_blank" title="Add this Article to Onlywire"><img src="http://www.onlywire.com/i/onlywire.ico" alt="" />Add to Onlywire!</a><p style="margin-bottom: 0in"><br /> </p>