PDQ Machine
Process Data Quickly Machine
A PDQ machine is another name for a card machine. The acronym ‘PDQ’, meaning Process Data Quickly, is a term used when card machines were initially introduced to the UK due to the nature of how they worked. Requiring an individual to swipe their card through the machine and then provide a signature as a form of receipt. If you’re ever asked by a lender or broker for your ‘PDQ machine statements’ then they’re just asking for your card processing statements.
Process Data Quickly Machine also referred to as a Card Machine
A PDQ machine is another name for a card machine. The acronym ‘PDQ’, meaning Process Data Quickly, is a term used when card machines were initially introduced to the UK due to the nature of how they worked. Requiring an individual to swipe their card through the machine and then provide a signature as a form of receipt. If you’re ever asked by a lender or broker for your ‘PDQ machine statements’ then they’re just asking for your card processing statements. A PDQ cash advance, also known as a merchant cash advance, would require statements from your PDQ machine.Practical Application Example
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We can provide you with a PDQ cash advance if we have three months worth of statements from your PDQ machine. ”
Choice Loans is a broker, not a lender. We will connect you with a lender suitable for your needs or, if appropriate, a specialist broker. We do not charge you an upfront fee but, if your application is successful, a broker commission may be charged.
