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There are two main types of credit card processing: integrated and non-integrated. Integrated processing is when the credit card processing company is directly connected to the merchant's point-of-sale (POS) system. Non-integrated processing, on the other hand, is when the credit card processing company is not directly connected to the merchant's POS system.<br>
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Integrated vs. Non-Integrated Credit Card Processing There are two main types of credit card processing: integrated and non-integrated. Integrated processing is when the credit card processing company is directly connected to the merchant's point-of-sale (POS) system. Non-integrated processing, on the other hand, is when the credit card processing company is not directly connected to the merchant's POS system.
There are a few benefits of integrated processing. First, it's more efficient because the credit card data doesn't have to be transferred between systems. Second, it's more secure because the credit card data is encrypted and passed through fewer systems. Finally, it's easier to track transactions and reconcile payments.
There are also a few benefits of non-integrated processing. First, it's typically more affordable because the credit card processing company is not renting or licensing space in the merchant's POS system. Second, it's more scalable because the credit card processing company can add new merchants and services without having to integrate with each merchant's POS system. Finally, it offers more flexibility because the credit card processing company can work with any type of POS system, even if the merchant's POS system is not compatible with the credit card processing company's software.
In the end, the best type of credit card processing depends on the specific needs of the business. Integrated processing is more efficient and secure, while non-integrated processing is more affordable and scalable. businesses should consult with a credit card processing company to determine which type of processing is best for their business.