Card Swipe Machine – How It Makes Transactions Easier

| January 9, 2020
Card swipe machine


With the rise of cashless culture, people now prefer to carry cards for various types of transactions instead of using cash. Why? Because it’s easy, hassle free and you no longer have to worry about your money being stolen. Cards are everywhere; credit or debit. You can find every individual carrying at least one card at all times.

swipe machine

What is Card Swipe Machine

To make successful transactions via cards, one needs a card swipe machine. The main function of a card swipe machine is to process payments via credit as well as debit cards. Few card swipe machines also have the capability to handle refunds. You can get the details about transactions done on a day with a card swipe machine as well. The swipe machine can also be updated from time to time. Credit card swipe machines greatly help in operating retail stores, restaurants, showrooms and much more.

paytm swipe machine

How Does a Card Swipe Machine Work

Using a card swipe machine is pretty easy. You swipe the card in the machine and voila! In less than 30 seconds you can see the money deducted from a customer’s account and deposited to the merchant’s account. But what actually happens in those few seconds? Let’s find out.

Here are 5 simple steps showing how a card swipe machine works:

  1. Step 1: Card Swiped

For any transaction to take place, the card and the card swipe machine should be in physical contact with one another. A transaction is active only after the magnetic stripe on the debit or credit card is moved or passed through a console at the merchant. There are some other types of swipe cards which just requires tapping it to the card swipe machine.

  1. Step 2: Using Electronic System

Data is transmitted from the card through the EIS or electronic information system. There is a network connection established to verify all the details of the debit or credit card provided. Most of the methods of establishing a connection requires electronic systems with the right programming that reads the information from the card that is swiped. It also needs a network connection with the help of a wireless network of a telephone line.

  1. Step 3: Information Sent

After the swipe card comes in contact with the card swiping machine, the information in the card is actually sent to a system to process the key information regarding the transaction. This step basically confirms if the debit or credit card is active and has enough money to pay for the purchase.

  1. Step 4: Further Verification

Some card might also ask for other additional verification after swiping. This is done to confirm the identity of the user and their authenticity. Cardholders may also be asked to put their personal identification numbers while processing their transactions.

  1. Step 5: Transaction Fees

A few of the cards might also deduct some transaction fees after swiping, in case the customer is using their credit card to pay. This is because a merchant is charged every time you make a transaction with a credit card. Technically, a percentage of 1.6 to 3 is charged to a company. This is in addition to the amount the company has to pay annually by default for getting into the credit card verification criteria. The account holder in a bank might also be charged with some additional fees after the card is swiped.

credit card swipe machine

Which Card Swipe Machine is the Best?

There are several card swipe machines available, and the best one completely depends on one’s needs and requirements. Let’s have a look at the top seven card swipe machine providers:

  • Mswipe

Mswipe Card is popularly used while making purchases with credit cards, however it can be used as debit cards swipe machine as well. It is safe and secure. This is often used in retail stores and by delivery executives. This machine can accept QR as well as contactless payments.

Why Choose Mswipe?

  • Digital and contactless payment through mobile payment apps, bank apps, cards, wallets, QR code
  • Great value prices with no hidden charges
  • Easy integration with different scanners, printers and other POS machines.

Mswipe Machine Cost: Get Mswipe Wisepad at the starting price of just ₹2250.

  • PayUMoney

PayUMoney provides most affordable card swipe machines in India. It is the newest brand in the market that has started making card swiping machines. It can accept debit card, credit card, RuPay, Visa and more. It is even used in the smallest shops in the world.

Why Choose PayUMoney?

  • Zero setup cost
  • Go live in 48 hours
  • No monthly rentals required
  • No minimum balance condition
  • Link with any bank account
  • Facilitates all payment options
  • No documents required to start integrating
  • Customized checkout experience

PayUmoney Card Swipe Machine Price: Its price is available on request.

  • Paynear

Paynear is mostly used by the small and medium businesses. It is used in hotels, malls, hospitals, restaurants and in many more places. It is quite user to use and can be often seen at local kinara shops and retail shops.

Why Choose Paynear?

  • Credit and debit cards can be used simultaneously
  • Provides card-on-delivery option
  • Collects payments at customers’ convenience
  • Acts as functional cash register with all the features needed
  • Automatic settlements regarding every type of payments
  • Customers can pay using wallets as well

Paynear Card Swipe Machine Price: The price is available on request.

  • PayPal

PayPal is widely known for online payment, but one of its main services also includes card swiping machines. One can easily send or receive money and even set up a merchants account with PayPal credit card reader. All you have to do is type in the amount and swipe your card. You can even keep a record of all transactions in the card swipe machine.

Why Choose PayPal

  • Simple pricing
  • Accept all payment types
  • Live customer support
  • No long-term commitment
  • Credit card security

PayPal Credit Card Swipe Machine Price: The price is available on request.

  • Bijlipay

Bijlipay provides the facility of data collection. It can also print digital receipts and capture digital signature. You will get access to all the real-time data related to your transactions with the help of this tool. It saves paper and helps manage end to end payment operations, which includes ME payouts and risk profiling.

Why Choose Bijlipay

  • Building custom payment methods is possible
  • Manages end-to-end payment operations
  • Provides the best-in-class transaction success rates
  • All payment needs like mPOS, sdk int, eCommerce PG and GPRS POS are taken care.

Bijlipay Mobile POS Price: It’s available at ₹4500.

  • Paytm Card Swipe Machine

Paytm has recently launched their card swipe machines. They are suitable for all types of businesses. And as Paytm is popular with a lot of merchants, it seems aptly correct for Paytm to make their own card swipe machines. Paytm card swipe machines are secured, simple and suitable for all types of cashless payments.

Why Choose Paytm Card Swipe Machine

  • All-in-one payment accepted
  • Provides same day settlement
  • Credit/debit card, UPI, wallet, and net banking can be used on a single platform
  • Secure hardware enables secure payments
  • Send e-receipts through SMS

Paytm Swipe Machine Price: The price is available on request.

  • HDFC Swipe Machine

HDFC Bank is the first bank in India that had launched its own card swipe machine. The HDFC swipe machine enables all the digital payments. The credit card swipe machine also generates a report regarding all the credit and debit transactions at the end of each day.

Why Choose HDFC Swipe Machine

  • Accepts BharatQR, UPI, PayZapp wallet, and SMS Pay in addition to credit and debit cards.
  • All payment modes accepted in one terminal
  • Monetary benefits as it uses UPI which is the cheapest digital transaction
  • Easy user-interface to select payment modes
  • Secure payment for customers with less disputes and low chargebacks
  • Upgrade to DiGiPOS with no additional cost

HDFC Swipe Machine Price: The price is available on request.


Card swiping machines can make monetary transactions easier than ever. Cashless culture and the ability to move freely without carrying tons of printed notes have given a push to the rise of modern-day card swipe machines. Card swipe machine price depends on the number of features one requires. By choosing the right one, one can make the payment process at their store, restaurant or any B2C business, extremely easy and efficient.


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