POS-acquiring

POS-acquiring

What is POS acquiring?

POS acquiring (Point of Sale acquiring or merchant acquiring) is the process of a merchant accepting payment using a special payment device (POS terminal or mobile phone)

Advantages

Offline payments for all

Offline payments for all

Accept payments using a POS terminal, your smartphone, and even without additional equipment

PPO software

PPO software

Simplified reporting and automatic fiscalization without a cash register

Quality service

Quality service

Professional technical support and assistance with equipment installation

24/7 analytics

24/7 analytics

Track payment statistics, control incoming funds in your personal account from your smartphone

POS acquiring is relevant for retail locations that need to accept offline payments by directly interacting with the customer.

PayGate has developed highly convenient solutions suitable for corporate customers with large store networks as well as individual entrepreneurs.

Modern POS terminals are capable of accepting payments in any convenient way for the customer, including manual input of card details, reading of bank cards with magnetic stripe and chip, and contactless payments (NFC), including with electronic wallets on smartphones such as Google Pay and Apple Pay.

For sellers who do not want to use additional equipment, a special mobile application can be installed that allows you to use your smartphone as a terminal that accepts NFC payments.

An alternative convenient solution for accepting offline payments is the use of QR code payments when physical presence of a bank card is not required

Benefits of POS Terminals

Point-of-sale terminals provide various benefits for businesses that utilize them. These advantages encompass:

• Enhanced security and minimized risk of fraud
• Accelerated and more efficient transactions
• Capability to accept diverse payment methods
• Simplified accounting and inventory management
• Elevated levels of customer satisfaction

Examples of flow in real life

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