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Payment Terminal Battery

A payment terminal, also known as a point of sale terminal, credit card terminal, EFTPOS terminal, is a device which interfaces with payment cards to make electronic funds transfers. There are various types of terminals available to merchants, although most have the same basic purpose and functions. They allow a merchant to insert, swipe, or manually enter the required credit/debit card information, as well as to accept NFC Contactless transactions, and to transmit this data to the merchant service provider for authorization and finally, to transfer funds to the merchant.