Business owners and merchants know that credit card terminals are an indispensable and necessary part of many businesses. You cannot process most credit card payments without an electronic terminal to send the data to your bank or other processor. Larger businesses may be able to get discounted or wholesale pricing if they buy the credit card terminals in bulk from wholesale suppliers. There are ways to find wholesale suppliers and distributors to locate the best pricing.
Contact Manufacturers
Manufacturers select specific wholesale distributors to sell their credit card terminals. Contacting the manufacturer and requesting a list of factory-authorized wholesale sellers is an easy way to find out which wholesale businesses carry the terminals. Wholesale suppliers often sell more than one manufacturer's terminals. Therefore, a list of suppliers from one manufacturer could reveal other terminal brands at wholesale prices.
Industry Directories
Industry directories list manufacturers and distributors of all kinds of related tools, materials and machinery. Directories can be found online or through a reference librarian at a local library. A directory search under "credit card terminals" will reveal manufacturers and distributors listed by brand and company name and in alphabetical order. Online directories may provide sorting capability so that brands, manufacturers and distributors can be listed by state, region or city.
Distributor Warehouses
Distributors must be licensed by the state as a wholesale company to receive products at wholesale pricing from a manufacturer. Many distributors sell at discounted prices to the public while maintaining deeper discount or wholesale pricing for licensed wholesale businesses. Credit card terminal distributors and suppliers can be found through business telephone directory listings. Checking a white pages directory is easy to do online by placing the phrase "wholesale credit card terminals" in the search text box and then choosing a state or city for the search.
Referrals
Asking other business people where they purchased their credit card terminal can provide a wide list of sellers that should include wholesale suppliers. Seeking referrals from other business owners can also reveal problems, issues and good experiences, making the supplier selection process easier to accomplish. Verifying and comparing each supplier's pricing and selling process reveals the lowest pricing.
Verifying a Wholesale Business
To sell at wholesale prices, the seller must hold a state tax license for a wholesale business and must ask the buyer to provide proof of a resale license for their business records. Tax licenses can be verified through the state's department of taxation and revenue by providing a business name or tax number. Tax licenses can be obtained through the same government department and require the applicant to provide information about their business including a social security or federal identification number.
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