payment terminals

Payment terminals are electronic devices used by businesses to accept electronic payments, such as credit or debit cards. They read the card's information either through a swipe, chip insertion, or contactless tap. Once the card details are captured, the terminal communicates with the bank to verify funds and authorize the transaction. After approval, it completes the payment and often prints a receipt. Payment terminals streamline the checkout process, making it quick and secure for customers to pay electronically without cash. They are essential tools in modern retail, restaurants, and service industries for efficient payment handling.