: Usually a percentage of the sale (e.g., 2.6%) plus a flat fee (e.g., $0.10).
: Your machine must accept chip cards and "tap-to-pay" (Apple Pay/Google Pay) to reduce fraud liability.
: Most modern machines come "plug-and-play," but you will need to sync your inventory or menu items through the provider’s software dashboard.
: If you are using a mobile terminal, check how many transactions it can handle on a single charge. 5. Finalize the Purchase and Setup Once you have selected a provider and a device:
: You will need to provide your EIN (Employer Identification Number) or Social Security Number, bank account details for deposits, and business information.
Before looking at hardware, determine how and where you will take payments:
: Often requires specialized features like tip prompting, table mapping, and kitchen ticket printing. 2. Choose a Payment Processor
