Despite what your merchant account provider may say, you should be able to use just about any credit card terminal to process sales with their services. The machines used as terminals to process credit card transactions can be pricey and may pose a significant expense to your business. However, purchasing a used credit card machine is one way to save money and decrease your overhead.
If you have a credit card terminal from a previous business, be sure to let your merchant account provider know that you intend on using your own machine after all commission negotiations have been made. Also, before attempting to purchase a used credit card machine, shop around for the best price on merchant services. Some of the better companies provide you with free equipment, under the assumption that they will make the money back over time. However, if the company requires you to purchase all of your own equipment, chances are they have sold to other companies who now wish to unload theirs. You will be likely to find the same technology available for resell online.
One of the only draw backs to using a used credit card machine is that you may not receive efficient technical support. If you use a different type of credit card machine than what your merchant account provider issues, they may not be familiar with the equipment or able to offer training and assistance for its use. However, most credit card machines are similar and user friendly. Plus, you can ask the reseller if they have the manual to go with the card terminal, or order one from the manufacturer. Overall, a used credit card machine can process credit card sales just like a new one and save you a substantial amount of money.