POS Pin Pads Key Terms
Learn about the different types of POS pin pads
POS (point of sale) pin pads are a convenient way for businesses to accept credit and debit card transactions. There are three different types of PIN pads available including those that only have a number pad, those that provide a card swipe and those that offer a way for customers to provide a digital signature. POS PIN pads should be compliant with existing software and terminal hardware to make transactions secure.PCI compliant
Personal identification number (PIN)
The personal identification number is a four digit code issued to a debit cardholder. This PIN is a security measure used to validate the identification of the cardholder.Customer facing PIN pad
A customer facing PIN pad provides many additional features for the customer. Instead of having the cashier swipe the card and sign a paper receipt, a customer facing PIN pad allows customers to swipe their own cards and provide a digital signature.Smart card
Some POS PIN pads are equipped with Smart card technology. This technology allows users to make payments securely and, in many cases, without the card making contact with a terminal.Hand-held POS PIN pad
A hand-held POS PIN pad is a convenient piece of equipment. The hand held PIN pad allows cashiers to hand the unit to the customer so they can enter the PIN number for their card without assistance.Compatibility
Compatibility for POS PIN pads refers to their ability to work with the software for the POS terminal. If these are not compatible, transactions may not properly process and security can be compromised.Copyright © 2013 Business.com, Inc. All Rights Reserved.