A payment terminal is a device that allows businesses to accept electronic payments from customers. It can process various payment methods, including credit cards, debit cards, and mobile payments. Payment terminals are commonly found in retail stores, restaurants, and service providers, making transactions quick and efficient. These devices connect to payment networks to securely transmit transaction data. Many payment terminals also offer features like receipt printing and transaction tracking. With the rise of digital payments, terminals have evolved to include contactless options, enabling customers to pay by simply tapping their card or smartphone, enhancing convenience and speed in the checkout process.