9. po s point of sale
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Transcript of 9. po s point of sale
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Edited by Department o
f
Computer Applica
tionsPoint of Sale
(PoS)
Bharathiar University - VISAKA
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f
Computer Applica
tions
Types of PoS
PHYSICAL POS MPOS V-POS
Physical Card Swiping - PTSN Phone connected with external Virtual E-payment Gatewaywith landline / GPRS enabled POS device through jack /
Bluetooth
Bharathiar University - VISAKA
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f
Computer Applica
tions
Physical PoS
SWIPE A1DEBIT/CREDITCARD ON THE POS
MACHINE
ENTER AMOUNT2TO BE PAID ANDPIN
GENERATE3RECEIPT
Bharathiar University - VISAKA
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Edited by Department o
f
Computer Applica
tions
Installation of Physical PoS Terminal
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Open / identify currentaccount for transactions
Fill in the application form(online / at the branch)
Identify type of PoSrequired (landline / GPRS)
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Submit following documents:- Proof of business (any one)
• Shop & establishment registration certificate• VAT certificate
• Sales tax- Proof of address
- Photo identity proof of proprietor / partner- Financial details
• Bank statement• Income tax return
Acceptance of MDR by merchant(Merchant Discount Rate (MDR) is a fixed percentage
based on pertinent aspects of business)
Execution of MerchantEstablishment Agreement
Bharathiar University - VISAKA
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Edited by Department o
f
Computer Applica
tions
Mobile PoS
Note: mSwipe is used as an example of MPOS hereBharathiar University - VISAKA
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Edited by Department o
f
Computer Applica
tions
V-PoS
No PoS machine required
QR code used for payment to bank accountof merchant
Complete privacy of merchant bank account
Bharathiar University - VISAKA