How do you accept card payments in your business?

Payment with notes and coins is gradually becoming obsolete with the emergence and consolidation of digital means of paymentIn addition, accepting card payments has become a basic requirement for any business that wants to meet the expectations of today's consumers.

Despite the advantages for customers, business managers may find it difficult to adapt to this new reality, especially when it comes to accepting cards.

In this article, we explain everything you need to know to get started.

What do I need to start accepting card payments?

Accepting card payments is simple and secure. All you need to do is choosing an automatic payment terminal (TPA) and then install it in your commercial space.

There are several types of TPAwith different functionalities. For example, if your customers prefer pay with contactless cardsYou need a terminal that supports this technology.

Differences between fixed, mobile and virtual POS

When it comes to accepting electronic payments, choosing the right terminal can have a direct impact on the customer experience and the efficiency of your business.

There are three main types of POS: fixed, mobile and virtual. Each adapts to different operating models, depending on location, mobility and volume of transactions. Let's see what distinguishes each one and which might be the best option for your business.

Fixed APR

The fixed POS is the traditional terminal usually found at the counters of shops, cafés or pharmacies.

It is connected to a physical network (usually via Ethernet cable) or a telephone line, and remains installed at a fixed point in the establishment. It is ideal for businesses with a permanent point of sale and a high volume of face-to-face transactions.

This type of POS usually accepts payments with debit and credit cards, contactless e MB WAY.

Ideal forphysical shops, supermarkets, pharmacies, restaurants with payment at the counter or fixed checkout.

REDUNIQ solution

O Easy is a type of POS solution that can be used on both a fixed and mobile basis. It is easy to install, with robust connectivity and the ability to accept various payment methods. It offers a fast and reliable payment experience and is an excellent choice for busy establishments.

What's more, with the Free Easy TPAYou will have a monthly fee adapted to your business (ranging from €15 to €50 + VAT/month) depending on your turnover.

Mobile POS

The mobile POS is a portable terminal that works with connection via mobile data (3G/4G/5G) or Bluetooth/Wi-FiThis makes it possible to accept payments outside the fixed point of sale. These terminals have an internal battery and are lightweight, making them ideal for travelling businesses, home deliveries, customer services abroad or at events.

As well as accepting the same payment methods as fixed POS, many mobile POS models include integrated printer (e.g. for printing simplified invoices or tickets), touch screen and access to management applications (for example, sales control or stock management), making it easier to control the business in real time.

Ideal fordeliveries, home services, trade fairs, events and pay-at-the-table restaurants.

REDUNIQ solution

O Smart is one of REDUNIQ's mobile solutions, which combines mobility with advanced technology. This terminal runs on Android, accepts a wide range of payment methods and can access personalised management apps. It's perfect for those who need flexibility without sacrificing functionality.

Virtual POS (POS App)

The virtual TPA is an innovative solution that no need for physical equipment and transforms the merchant's smartphone or tablet at a payment terminal. Payments can be accepted through contactless cards or MB WAY using QR Code, NFC or mobile phone number.

This solution is ideal for businesses that value total mobility and want to avoid equipment costs.

The virtual POS is well suited to freelancers, small businesses, consultancy services, or even as a secondary option in establishments that already use another type of terminal.

What's more, because it works through an application, configuration is quick and operating costs tend to be lower.

Ideal for: freelancers, micro-enterprises, start-up businesses, door-to-door services or sales in unconventional locations.

REDUNIQ solution

A App Soft is REDUNIQ's virtual POS solution. With this app, you can turn your Android smartphone into a payment terminalwithout the need for additional hardware.

It's a practical, economical and safe 100% option, approved by international standards.

Advantages of accepting card payments

• Increases the average ticket and higher value sales;
• Improves receivables management;
• Increases security (no cash);
• Builds customer loyalty through convenience;
• In some cases, no installation or maintenance costs;
• Aligns the business with current consumer habits.

Which cards and payment methods should you accept?

The most commonly used methods in Portugal include

• Visa and Mastercard with contactless;
• MB WAY (very popular with domestic consumers);
• Digital wallets such as Apple Pay and Google Pay.

The TPAs The current system must support all these methods to guarantee the best customer experience.

Steps to hire a TPA service in Portugal

1. Choose a payment terminal that suits your business needs (size, mobility, customer profile);
2. Compare the options available through a TPA comparator;
3. Click on the sign-up button and fill in the online form;
4. Wait for the service provider to contact you for installation and activation.

Don't forget to consider factors such as turnover e mobility of your business when making the decision.

With an efficient payment terminal, your business becomes more competitive, modern and prepared for new consumer habits.

If you don't accept cards yet, it's time to take that step.