Answering some of the most commonly asked questions about the PDQ machine
If you are in business and you haven’t started accepting card payments, you may be missing out on a lot of revenue. The world is shifting towards cashless transactions and businesses that don’t adapt might soon find themselves losing out to their competitors who accept card payments. If you own a business and you have been considering accepting cashless transactions, you need to consider purchasing a PDQ machine.
It’s always important to view your business from a long-term perspective. While the day to day decisions must still be taken, playing the long game is what makes your vision for the future clearer. So while having a PDQ machine might not bear fruit immediately, it is bound to help your business going forward as now there is more awareness about cashless transactions.
Here are some of the most commonly asked questions about the PDQ machine:
What does PDQ stand for?
PDQ stands for Process Data Quickly. The PDQ machine is used for processing transactions where payments are paid using credit or debit cards.
How do I start the process of acquiring the PDQ machine?
If you are new to the concept of card payments, this process can seem insurmountable. But if you are willing to take your time to understand all that it entails, finding and learning how to use a PDQ machine will not be a difficult process for you.
How much does it cost?
There are many options for you and it’s all about choosing what is best for your business. The price of the PDQ machine varies from vendor to vendor and also depending on the model. The best thing to do is to shop around to see where you can get the best deal. Other business owners who use the PDQ machine can offer you useful information that will help your selection process.
How does a PDQ machine work?
When accepting a card payment, you can either enter the total amount owed into the card manually or send it through the connected Point of Sale machine. The customer will then insert his or her card into the PDQ machine and enter their pin code (4-digit). The PDQ machine will then process the transaction, contact the merchant or customer’s bank to request for authorization. If the funds are cleared and the details validated, then an approval will be sent to the PDQ machine and a receipt will be issued upon completion of the transaction. The whole process takes just a matter of seconds through an internet connection.
How does a PDQ machine help my business?
Most businesses are now realising the importance of catering to the needs of their customers who prefer to use credit or debit cards rather than carry cash. While in the past this type of customer was not the norm, in recent years, there has been a big shift towards cashless transactions. It’s now common to see people using their cards to pay bills in hotels or purchases in a supermarket. As long as you don’t have a PDQ machine to accept these card payments, you will be locking out a considerable portion of the consumer base. The PDQ machine is no longer a luxury that businesses can survive without.