Payment Terminal
PaymentsWhat is Payment Terminal?
A Payment Terminal is a secure, electronic device used by merchants to accept and process various forms of non-cash payments, including credit cards, debit cards, and digital wallets, by capturing card data and facilitating the communication necessary for transaction authorization and settlement. These devices are essential components of the Point-of-Sale (POS) ecosystem, acting as the primary interface for customers to complete in-person transactions securely and efficiently.
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