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Infographic: 4 Ways to Accept Credit Cards

Accepting credit cards is a must for small businesses. Whether your business is just starting out or transitioning from a cash-only model, one of the biggest challenges with credit cards comes in understanding the different types of credit card processing available to small businesses. Go with the wrong option, and you're looking at a costly mistake and a future full of headaches.

To help you make the right decision, Business News Daily has created this infographic explaining the four different ways to accept credit cards: point-of-sale (POS) systems, mobile credit-card processing, credit card terminals and online payments. Here, we break down the equipment required, whether you'll need a merchant account and which types of businesses each option is best for.

Credit: Grant Reinero / Business News Daily
For more information on how to accept credit cards and choose the right vendor, check out our Credit Card Processing Buyer's Guide: How to Accept Credit Cards Online, In-Store or Anywhere.
Editor's note: Are you trying to choose a credit card processor? If you're looking for information to help you choose the one that's right for you, use the questionnaire below to have our sister site BuyerZone provide you with information from a variety of vendors for free:
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Ready to choose a credit card processor? Here's a breakdown of our complete coverage:

Sara Angeles

Sara is a Los Angeles-based tech writer for Business.com, Business News Daily and Tom's IT Pro. A graduate of the University of California, Irvine, she has worked as a freelance writer and copywriter for tech publications, lifestyle brands and nonprofit organizations in the Southern California area and throughout the U.S. Sara joined the Purch team in 2013.