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A popular choice for merchant’s today is the ability to accept PIN-based debit transactions. This payment option offers three things:
- convenience for shoppers
- guaranteed payment for merchants
- incremental revenue for banks and networks
With Hypercom PIN pads, customers slide their debit card through the magnetic stripe reader without forfeiting the card to the store clerk. This feature of retaining your card can increase customer confidence about transaction security and encourage debit card use. For security verification, the PIN pad prompts the customer to enter their personal identification number (PIN) and to confirm the purchase total.
From the merchants perspective, Hypercom PIN pads:
- are easy to use and maintain
- require minimal counter space
- provide another payment option
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