Merchant Services Terms Beginning with N

Non Qualified Rate – The Non-Qualified rate is the highest percentage rate that a merchant is charged whenever they accept a credit card for a sales transaction through their store or business.

Nurit 3010: The Nurit 3010 model from Lipman is a wireless, portable, payment-processing device. Just 3.62 inches thick, 4.25 inches wide, 9.05 inches long and 2.16 lbs. without paper, it offers a comprehensive feature list and important usability options that make it a solid choice for a “pay anywhere” solution.

Nurit 3020: The Nurit 3020 is essentially the landline version of Lipman USA’s Nurit 3010. Whereas the 3010 supports both phone line and wireless connectivity, the 3020 is a “Countertop Payment Solution” not intended for mobile businesses, or even for mobility in a specific business location.

Nurit 8000: The Nurit 8000 – the top-of-the-line wireless payment device from Lipman USA – can process your transactions from almost anywhere, as its connectivity options are virtually unlimited.