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Do You Really Need An EMV Chip Card Terminal?

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Melissa Johnson

Melissa Johnson

Melissa Johnson has been writing about payment processing and mobile payments since 2014, and has been quoted in articles for Credit Karma and The Next Web, among others. She graduated from The University of Kansas in 2010 with bachelor's degrees in English and journalism.

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129 Comments

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    waris ali

    I generally do not recommend renting terminals, and leasing is out of the question. But if you were to rent a machine, I would say under $10 per month might be appropriate. CDGcommerce rents machines for $80 per year (which includes insurance). Helcim sells chip card machines for $199.

    Hope this helps.

      Rondell M Brun-Wibaux

      We have customers ( New & Old) that will call in for a Mulch delivery and want to pay over the phone with a credit card. I was under the impression that if they had the CV number from the back of the card that was security…? Also we have customers that call in to pay for plants that someone else is picking up….?
      Again how do you handle payments over the phone?

        This comment refers to an earlier version of this post and may be outdated.

        Jessica Dinsmore

        Hi Rondell,

        We actually just published an article called The Merchant’s Guide To CVV2 And CVV Checks. I think you’ll find all the answers to your questions here!

          This comment refers to an earlier version of this post and may be outdated.

          Tyler Johnson

          That’s a good point that having a chip reader would make it a better experience for your customers. I would want to keep my card more secure, so having a chip for that reason would be good. Plus it would help give the idea that you are keeping with the times and have modern services as well as hardware.

            This comment refers to an earlier version of this post and may be outdated.

            Gabrielle

            My husband, artist-owner of a glass art gallery passed away Feb 2106. As the person taking over his retail business, I started getting pressure via phone calls from his merchant bank to swap out the old credit card processor for the chip style reader. Since I was pretty much oblivious to trends in credit card processing, I mostly ignored the calls and indicated that the business would be closing soon anyway, which it has. Yet, here’s the perspective that many writers never mention in articles about this changeover. What does one do with the old credit card reader? Do we really want countless machines going to landfills? In this day and age I think the manufacturer/seller should take back the swipe only machines and reuse, re-purpose and/or recycle the parts. While you may not think this viewpoint belongs in an article like this, I think that it does. There is more expense involved in this changeover than just the monetary one. We must start considering what to do with environmental waste, as a planet community, and its cost too. So I am going to drop mine at the next local electronic waste recycling event, where I hope it goes for some kind of re-use. Plus I also have the old-old style carbon imprint machine, which I’m afraid has no good reuse. Sad face.

              This comment refers to an earlier version of this post and may be outdated.

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