What should you verify before initiating a transaction on a Verifone terminal?

Before initiating a transaction on a Verifone terminal, it is essential to verify that the payment method and cardholder details are correct. This step ensures that the transaction is processed accurately and securely, reducing the risks of fraud or errors that could lead to financial discrepancies.

Confirming the payment method allows you to assess whether the customer is using an acceptable method for the transaction, such as a credit card, debit card, or mobile payment. Similarly, verifying the cardholder details, which includes checking the name, card number, and expiration date, prevents unauthorized access to funds and helps protect both the merchant and the cardholder.

Although other aspects, such as ensuring the terminal is charged, verifying store inventory, and confirming internet connectivity, are important for overall operation, they do not directly impact the initiation of the transaction as fundamentally as the accuracy of payment method and cardholder details do.