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A PDQ machine processes credit card transactions when people use them to pay merchants. You have more than likely seen a PDQ machine at every small business you shop at and at the majority of large retailers you have used as well. The PDQ machine is commonplace and most businesses cannot function without them. At one time all a store needed was a cash register to hold the money they took in for the day. They kept enough cash on hand to make some change and they deposited the rest of the days take each evening. Then the people started to carry check books with them because they had their money in banks. People filled out the small slips of paper that were assigned to their accounts and they paid the merchants with these. The checks were risky because when people did not have enough money in their accounts the checks would bounce and the merchant would be left holding the bag. When credit cards were starting to become popular only the wealthy among us had them and they were not accepted everywhere you went. Some of the major credit cards made their commercial ads using the premises that they were accepted at more locations than the competitor cards were. PDQ machines were not invented for many years after the credit card came to be. Now that the majority of people have some type of card that they use to pay for their purchases with the existence of machines that can read the information on them and transmit it to the proper financial institutions has become mandatory. Small businesses have to accept credit and debit cards if they want to remain competitive in the business world. They do however have the option of charging people for allowing them to use a debit card. The banks that issue the debit cards often charge the small businesses if they allow customers to buy things that cost less than five dollars. The small business gets around this rule by insisting that all debit transactions equal five dollars or more. The machines are generally small enough to fit in the palm of the average adult's hand. The card reader will be located on one side of the device and there will be a number keypad on the top so that people can type in their passwords and necessary responses to on screen prompts. The devices are easy to use and the merchants can usually get them installed for free by the company that maintains and services them. The merchant will pay a minimum charge to the company that provides them the devices and they will not have to worry about repairs, antivirus software, updates, or anything related to the regulation of the devices. Some smart phones are now capable of having a card reader attached to them and turning them into a credit card processing machine that the merchant can take with them. These mobile processors are the latest in these devices. PDQ machines are located in every store that you shop at today. PDQ machine are credit card processing machines that connect the merchant to the banks that issue the cards. You can click here for more information.
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