A credit card processor and a point-of-sale system are two different things. The firt one is a system that enables merchants to accept electronic payments. You’ll also need a merchant account in order to use the credit card processor. The point-of-sale system is responsible for allowing businesses to conduct the whole operation.
Many organizations, in addition to providing POS software, also provide their own card payment programs. This implies that you will only have to deal with one provider for each of your company’s needs, and that is a significant advantage for certain organizations.
Certain point-of-sale software suppliers do not provide credit card processing services, but instead have selected third-party associates from whom retailers can select.
The amount can sometimes differ. A fee per transaction is often charged by payment processors; however, some may impose a monthly fee in addition to the per sale amount. So, will I need a separate credit card processor? It depends, possibly.
After ordering a POS, is it necessary to have a separate card company?