DO I NEED A POINT OF SALE (POS) SYSTEM?



Transparency & Low Pricing No secrets, surprises or deception here. The code word is transparency on all fronts. Our job is to explain the mysterious world of payment processing, how Interchange Pricing works, give you concrete examples and educate you on various topics via our Knowledge Base. Our prices are fully posted and very competitive. This is how M&M is different than the competition. Upon request, we can provide a full-disclosure rate comparison that highlights the savings Dharma can offer. We’ll share our assumptions, and we’ll even tell you if our rates are not the most competitive. We’ll point you in the right direction regardless of how it impacts us. You can count on: Posted pricing & terms and full-disclosure on policies. Low & fair fixed rates. No early termination fees, and we ensure you we only pass through industry rate increases. We won’t lead you on with false promises such as “free terminal” and then make up for it in higher rates, onerous long term commitments, leasing fees, etc.



IS A POS DIFFERENT THAN A TERMINAL?



Fundamentally, a POS system has several advanced features that credit card terminals don’t have. A credit card terminal is designed with one basic premise – to process credit cards. Some terminals can also connect to a check reader or can process gift cards, but the primary function of a terminal is simply to process credit cards. Point-of-Sale systems are different. The job of the POS isn’t just to process credit cards, but helps the merchant manage their business by providing many different features, all fully integrated. Typically, most POS systems will provide: credit card processing; cash-drawer management for cash sales; receipt printing; inventory management; barcode scanning; employee time clocks; and business reporting and analytics. Many business choose their POS system based on their specific needs, and there are providers in several different industries, catering to those needs.



CAN M&M INTEGRATE WITH MY POS?



If you’re already using a POS (Point-of-Sale) system, then chances are that we can integrate with it. Most POS systems are designed to be “processor agnostic” – meaning that you can use your POS system with any merchant service provider you choose. What that also means is that most POS providers will allow you to switch providers, whenever you please. To find out if M&M can work with your POS system, you’ll want to reach out to your current POS provider and ask two questions:

  • Am I allowed to work with any merchant service provider, or am I required to work with my current provider? We’re hoping your POS provider says that you can work with any merchant service provider.
  • Do you work on the First Data or TSYS networks? M&M operates within the First Data and TSYS platforms/networks, and requires that your POS system works with First Data or TSYS too. Typically, POS systems will integrate easily with First Data and TSYS since they are both large and well-known networks.


9378 Arlington Expressway Ste #301, Jacksonville, FL 32225