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What is an Ethernet credit card terminal?
An Ethernet credit card terminal makes it possible for virtually anyone to take credit cards from your local flea market stand to major retailers and everyone in between. The Internet connects your terminal to your online credit card processor.
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There is a cost for the credit card terminal that can vary between $100 to a whopping $2,200, depending upon the type of terminal that is purchased. There are several models to choose from, including wireless types.
Are Ethernet credit card terminals safe to use?
Well, Ethernet credit card terminals can be very safe to use, but it really depends on the company that is offering the terminal. You see, as with any device that connects to a network, you are only as safe as the safety features used by the merchant offering an Ethernet terminal.
If you are using an Ethernet credit card terminal at your local flea market, you may want to ask what security protocols are in place.
Apple Proposes Its Largest Store In Grand Central Terminal
Apple Inc. has submitted plans to New York’s Metropolitan Transportation Authority Board to open a new store in Grand Central Terminal, potentially bringing in $5 million in revenue for the MTA, officials said.
“Our four stores in Manhattan are incredibly popular with customers and we are excited to bring the Apple retail experience to this incredible location,” said Apple spokesman Nick Leahy.
The submitted proposal would allow the use of more than 23,000 square feet, and the takeover of both the north and northeast balconies, making it Apple’s largest store worldwide.
According to MTA documents, if the proposal is passed Apple will pay an initial $800,000 in rent. However, after 10 years, the annual rent will exceed $1 million.
“We have received a proposal from Apple that has the potential to bring a great new shopping destination to iconic Grand Central Terminal and significantly increase revenues for the MTA’s transportation system,” said Julie Glave, MTA spokeswoman.
The MTA finance committee will review the terms of lease and vote on the proposal Monday, according to MTA spokesman Aaron Donovan. Read more…