What is Card Terminal?
A card terminal is the device that reads a debit or credit card and asks the bank to approve the payment.
Updated
Meaning
English
A card terminal is the device that reads a debit or credit card and asks the bank to approve the payment.
Roman Urdu
Card terminal woh machine hai jo debit ya credit card padhti hai aur bank se payment ki manzoori leti hai.
Also called card machine, EDC machine, swipe machine.
Example
A customer taps a card on the terminal for 4,500 rupees. The terminal prints a slip and the shop records the bill as paid by card.
Card terminal and POS
The card terminal belongs to a bank or payment company, and the billing system belongs to you, so they are two separate things. Record on each bill that the payment was by card, so the card total in your day report matches the bank settlement. Keep the terminal slip for disputes. Fees and settlement time come from your bank, so ask them.
In Nafaa
Nafaa records the payment method on each bill, including split payments across cash, card and wallet. See payments in Nafaa.
Related terms
- POS Machine
A POS machine is the device at a shop counter, a computer, tablet or all-in-one terminal, that runs billing software and is usually connected to a receipt printer, barcode scanner and cash drawer.
- Split Payment
A split payment is one bill paid with more than one method, such as part cash and part card, wallet or khata.
- QR Code
A QR code is a square pattern of dots that a phone camera can read, used to open a link or carry information such as a payment request.