How to accept contactless payment on a PDQ machine?

PDQ machine

PDQ machines were first introduced in 2006 to reduce card theft. A PDQ machine is a device that secures card payments. It allows a transaction to proceed only when the PIN entered on the PDQ PIN pad matches the number stored on the chip of a credit or debit card.

The PDQ stands for “Process Data Quickly” and enables you to accept card and contactless payments in store quickly and efficiently. According to a survey by UK Finance, 51% of transactions in 2019 were made using cards. A PDQ machine is a necessary tool for every business offering products and services, as card payments are currently the most common payment method.

PDQ is a development from the original card machines, the initial card machines required a customer’s signature to be compared to the signature on the back of their card to authorise a payment. And this process is now done electronically using PDQs. Employees do not need to match signatures when using a PDQ machine. A customer can pay using contactless payments or by placing their card in a PDQ machine and entering their PIN. Whether you are a small independent market vendor or a major supermarket with several pay points, the PDQ machine can help you accept payments more quickly and safely.

But choosing a cheap PDQ machine for your business is difficult. Before choosing one, you should know a few things about PDQ machines. In this article, you can learn more about PDQ machines and accepting contactless payment on a PDQ machine.

Accepting contactless payment on a PDQ machine

The following steps must be followed to accept contactless payments from digital wallets or debit or credit cards:

  1. A customer uses a compatible PDQ device to tap their card or mobile device.
  2. The card issuer receives the permission request and verifies that the cardholder has sufficient funds to complete the transaction.
  3. The transaction is accepted, and the money is sent into your merchant account If the customer has sufficient funds.
  4. If the customer does not have the sufficient funds, the transaction will be declined.
  5. Funds for approved transactions may take up to 24 hours to transfer from your merchant account to your company’s bank account.

In some cases, a customer attempting to make a contactless payment on your PDQ machine may be asked to enter their PIN. This is a security measure that occurs when the customer reaches a certain amount in their contactless transactions.

You can accept payments with chip and pin, contactless, and magnetic stripe cards using most existing card readers. You can also accept payments from mobile devices using PDQ machines, including Apple Pay, Google Pay, Android Pay, and Samsung Pay. Since cash is a less common form of payment and customers prefer more convenient options, it is important to accept a variety of payment methods. So, make sure that the card reader machine you choose can accept various payment methods.

Benefits of using PDQ machine to accept contactless payments

According to the UK Cards Association, 14.8 billion card transactions were completed in 2016 with sales of £647 billion. Your business can benefit from more customers using cards and digital wallets to make payments by using a PDQ machine. Customers can pay by card as more businesses adopt card payment systems, spurring a cycle of growth and raising customer expectations. There are many benefits by using a PDQ machine in your business including safety, convenience, increased sales potential, and improved brand reputation.

Now that you understand the benefits of using a PDQ machine to accept contactless payments, it’s time to choose the right one for your business. Here are some tips to assist you in making the best decision.

1. Determine Your Business Needs

Consider the specific needs of your business, including your sales volume, business type, and payment processing needs. This will enable you to choose the PDQ machine you need.

2. Investigate Your Options

Take the time to research various PDQ machines available in the market, their features, and their cost. Then, read reviews and compare the options to determine which is best for your business.

3. Think About Your Budget

Consider the machine’s initial cost, any ongoing expenses, and the potential return on investment from increased sales and efficiency.

4. Select a Reliable Provider

Make sure the supplier you choose for your PDQ machine is reliable. Be sure to choose a provider with excellent customer support, reliable hardware, and secure payment processing.

How to choose the right PDQ machine for your business?

Learning more about what PDQ machines are, what they can do, and the different types available will make the decision-making process easier. Before buying a PDQ device you should think about your budget. Choose a machine within your budget. Additionally, it is important to consider the original price of the PDQ machine, the ongoing costs, and the potential return on investment through increased productivity and sales.

Consider the specific needs of your business, such as sales volume, industry, and requirements for payment processing. This way you can determine the features and style of PDQ machine you want. Also, spend some time getting to know the different PDQ machines in the market, their features, and their costs. Then consider your options and read reviews to decide which one is right for your business.

By Cary Grant

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