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The demand for card machines grows exponentially as consumers realise the advantages of going cashless. It's no wonder that businesses of all kinds are on the lookout for the cheapest card machines for businesses that will enable them to process card payments fast and affordably. By providing their consumers with the option to pay with their credit or debit cards, they can expand their customer base and boost their profits.

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But there's one thing many business owners are doing wrong: They pick the most affordable card machines in the market without too much thought because they assume that cheap = value. This is not always true. If you are planning to add this payment method to your existing payment options, you should be very careful in selecting a credit card machine. Going for the cheapest card machine for business without considering your unique needs and requirements is never a good idea. The best way to ensure savings, in the long run, is to choose the right card machine for your usage and preferences and that's not necessarily the cheapest. Here are some things to keep in mind when selecting a machine:

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Learn about the different types of machines and what they are designed for

Mobile card machine and mobile card readers are the cheapest card machines for business. Still, they designed for smaller shops or service providers that are always on the move - such as freelance photographers and taxi drivers. If you own big retail or a grocery store, then the best machine for you is probably a countertop card machine. If you own a restaurant or a coffee shop, a portable card machine may be better.

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Compare providers

Once you know the type of card machine your business needs, it�€™s time to compare card machine providers. Aside from the price of the device, you must also look closely at all the service fees they charge. Usually, these fees include processing fees, sub scription fees, monthly statement fees, and application fees�€”but there could be more. It's essential to check with the service provider so you can compute how much it will cost your business to implement a credit card payment system.

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Know the types of credit cards accepted by the machine

You want to make sure that the machine will accept your customers payments. It will be nice to have a machine that collects both credit and debit card payments. It's also a good idea to have a machine that accepts digital wallets such as Apple Pay, Samsung Pay or Android Pay.

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