New Tax Year, New Card Machine!

Friday 11th March 2022

Chloe

As we are heading towards the end of the 2021/22 tax year, with the 2022/23 tax year starting on the 6th of April, now is a great time to start thinking about planning ahead.

The start of the new tax year is a great time to get a card machine for your business. As many people now prefer card payments over cash, a card machine is a key asset to have in your business.

Merchant Account
When you have a business card machine, you must have a Merchant Account. You need to have a Merchant Account to be able to accept card payments. This account is simply an intermediary account, which receives funds from your customer and then passes the funds to your bank account.

Merchant Accounts are used to check if a customer has the funds to be able to purchase your product or service. Once the checks are confirmed, the money is released within 3-5 working days into your bank account. Find out more here.

Card Machines
There are a wide range of card machines on the market for you to choose from.

GPRS Card Machines
Mobile GPRS machines enable you to take payments on the go. 3G cellular communication means that mobile GPRS machines are able to take payments anywhere where you would have mobile signal. As they run off of cellular data, there is no need for a Wi-Fi connection either. GPRS machines are perfect for businesses that travel to customer premises.

They're ideal for tradespeople, mobile hairdressers, street vendors, and tradespeople who are looking to take fast and easy payments.

Wi-Fi Card Machines
Choose a Portable Wi-Fi card machine to take on-site payments. Ideal for shops, cafes, restaurants and offices. There's no need for a fixed till location, you can be on the shop floor interacting with your customers, showing them your products and services and taking fast payments there and then.

Portable Wi-Fi uses Bluetooth to connect to your card reader, enabling you and your staff to take single payments or multiple orders at the same time. There are no trailing wires so you can move around freely and still receive safe and secure payments at the table, bar or shop floor.

Countertop Card Machines
Countertop card machines are a way to take secure payments at a fixed till location. The static machine is fixed to a countertop. Meaning that they're the perfect choice for retailers with fixed till locations.

Unlike mobile GPRS or Portable Wi-Fi card machines, fixed Countertop machines plug directly into your broadband or phoneline. The machine is compact - meaning it fits conveniently onto shop counters. They can be used by staff members to take customer payments at any time.

How can Omni Merchant Services help?
At Omni, we offer all of the card machines discussed in this blog, as well as other services! Contact us today to get started, so you'll have a new card machine ready for the new tax year.
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