The point of the banking system process is simple to establish and present a range of advantages to retail shop owners. POBs are streamlined, typically requires a couple of inches of space on the payment counter.
A merchant must plug in the system, and stick to a fast step-by-step manual to fill out the POB installation procedure. You can buy Point of banking system via https://www.acidpos.com/point-of-banking/
Once installed, retailers no longer need to deny taking credit/debit card payments. When the trade through their plastic card at the POB machine is created, the money is immediately transferred to a dedicated company account.
POB solution offers real-time information regarding each and every transaction, spanning in the trade cost, items bought, the timing of the purchase, etc.
This information eases retail owners to prepare tactical advertising and marketing campaigns based on clients' buying habits.
Safe and Safe
Together with dependable Point of Banking, the minutest possibility of fraud & bill backs is removed, because the customer must enter a special PIN code for each and every purchase transaction.
How Can A POB Procedure Function?
In the payment counter, the merchant will commence the trade upon the accumulation of their selling cost of every product.
When the POB system is initiated, the client must swipe tap, or adds their debit/credit card. The trade is only going to be finished when the client enters their particular ATM pin code linked to the card.
When the trade is completed, a receipt will be published by the Point of Banking system which verifies the funds will be moved. The retail point of purchase also assesses the receipt and change awarded.