Purchasing Resources for POS Pin Pads

POS Pin Pads Pricing and Costs

Choose affordable POS pin pads for your business
By Terri Deno In retail, the point of sale is the most important spot in your business. This is where transactions take place, and so making POS pin pads available to your customers is essential for a smooth process. If you run a business that accepts credit or debit cards, a POS pin pad makes paying for items much easier. It is a simple way to verify debit card purchases and other PIN-related payments.
 

The number of functions a model can handle is one of the major variables in POS pin pads pricing and costs. Some pin pads just read debit cards, while others can accept gift cards, trade-ins and other payment methods. Other factors that determine the price of a POS pin pad are:

1. Whether you buy refurbished or new POS pin pads.

2. Which systems the pin pad works with.

3. How many functions a pin pad can perform.

Consider refurbished POS pin pads to save money

A refurbished POS pin pad was used at one point, then sent back to the manufacturer or supplier for repair and resold at a lower cost. Refurbished products often come with an additional warranty to guarantee the repairs for a certain length of time. Refurbished POS pin pads cost $10 to $70. Cheaper refurbished models do not include card swipers embedded in the unit.
Try: Credit Card Terminal.com offers refurbished POS pin pad models that start around $10. Discount Credit Card Machine has the Hypercom S8, a base model POS pin pad that can be purchased new or refurbished for a discount.

Buy POS pin pads that have card reading capabilities

To make it easier for both the customer and the salesperson, choose a POS pin pad that can read debit cards. This way, the customer never has to hand over their card to a salesperson, but can swipe it themselves. Purchased new, a pin pad with card reading capabilities can cost up to $150.
Try: 1st National Processing sells many styles of pin pads that read cards, including the Hypercom S9 pin pad. This pin pad can also be customized with Smart Card capabilities. Merchant Alliance sells the FD-10C PIN pad from First Data, which offers many customer-friendly features.

Explore POS pin pads options that also accept customer signatures

If you want the customer to handle all the payment processes at your POS, consider a POS pin pad that is fully customer facing. This means not only do customers scan their own card, but they can use the pin pad to electronically sign for the purchase and choose other options. POS pin pads with a standard keypad and signature space cost $270 to $300. Pin pads with a full touch screen cost $600 to $625.
Try: Point of Sale Guys offers many versions of POS pin pads that are customer facing, including affordable basic models with no frills. Gemini Computers sells a few models of customer facing pin pads that let customers sign for their credit purchase.