Pros and cons of POS machines for personal use

The benefits of applying for a POS machine for individuals.

1.POS machine handling is cheap: at present, the market for individuals to apply for POS machine processing are free, do not need to spend any cost, many brands of POS machine also implement the activation of the policy of subsidizing money, that is, to apply for POS machine processing, not only do not cost money but also earn a fee, why not.

2.Personal POS machine is easy to carry: Personal POS is small in size, can also be carried on business trips, and can also locate local merchants, which is more practical.

3.Convenient and fast registration: After the POS machine is successfully handled, you can use it by binding your own APP to your mobile phone, which is very convenient and convenient to operate, and you don't need to send the information to others, which also makes most people feel that the information is more secure.

4.Smart matching merchants: There are many merchants in the POS machine, and the system will intelligently match merchants according to the time, place, and amount of the card when the user swipes the card.

5.Raising the amount of the card: The correct use of the POS machine to swipe the card can have the effect of raising the card.

The biggest role of the POS machine is to bring great convenience to the merchant to collect money, consumers can directly pay by card on the POS machine when shopping, eliminating the trouble of users carrying cash, and the merchant does not need to change when collecting money, which is of great benefit to both parties.

POS machine can go directly to the bank to handle, you can also find a third-party ** agency, they are still happy to handle, after all, POS machine card will have a certain rate, personal use of credit card or savings card will not have any impact. In normal times, many people use POS machines to cash out, and merchants earn a certain handling fee, but this behavior is expressly prohibited, if the bank finds that the credit card may be blocked, and the POS machine will be recovered. Therefore, it is necessary to use the pos machine correctly in normal times.

When consumers use POS machines to swipe their cards to consume, sellers will pay a certain handling fee, which is different in different industries, such as the card handling fee for department stores, supermarkets, and catering. Therefore, the more consumers swipe, the higher the cost paid by merchants.

Extended Information] POS means in Chinese"Point of sale"The full name of point-of-sale information management system is a terminal reader equipped with barcode or OCR code technology, and has the function of cashier or barter line. Its main task is to provide data services and management functions for commodity and ** transactions, and to carry out non-cash settlement. POS is a multi-functional terminal, which is installed in the special merchants and acceptance outlets of the credit card and connected with the computer to form a network, which can realize the automatic transfer of electronic funds, it has the functions of supporting consumption, pre-authorization, balance inquiry and transfer, etc., and is safe, fast and reliable to use.

It is difficult to obtain basic business information in bulk transactions, and the introduction of POS system is mainly to solve the blind spot of retail information management. An important part of the chain store management information system.

A domestic Internet innovative third-party payment company, the payment integrates the electronic signature application with the POS card system, and realizes the green and environmentally friendly paperless POS acquiring service. The application of electronic signatures can not only effectively save time, money and paper, but also help to improve service efficiency and customer satisfaction, bring about the simplification of business processes and improve work efficiency. Through the electronic signature application provided by Payment, there is no need to upload receipts, which not only avoids additional workload, but also avoids the loss caused by the loss of receipts that cannot confirm the authenticity of the transaction and the inability to settle for merchants.

The electronic signature of a payment has a series of numbers behind it"Anti-counterfeiting"to prevent the cardholder's signature from being stolen or tampered with.

There are risks associated with handling POS machines for individuals. In general, it is mainly believed that there are four main risks of personal POS machines, namely personal information security risks, business selection risks, payment risks and credit card reduction risks. However, if an individual handles a POS machine through a formal channel, these risks can be avoided to a certain extent.

1. Personal information security risks: If you are an individual applying for a POS machine, you need to provide valid identity documents, savings cards, mobile phone numbers and other personal information. If the user chooses to upload this information on behalf of the merchant or salesman, it may cause the disclosure of personal information;

2. Business selection risk: In terms of the market, investors have many choices for the brand of POS machines, and there are nearly one million practitioners engaged in POS machines. If you choose an unreliable business, it will cause risks to the security of the user's personal information;

3. Payment risk: If the individual is handling a clear machine, the risk can be avoided. The amount of consumer payment will be directly remitted to the merchant's account through the third-party payment platform or UnionPay system;

4. Credit card delimitation risk: Under normal circumstances, if the user uses the POS machine reasonably, there will be no credit card delimitation risk.

Personal POS can collect accounts, transfers, phone bills, Q coins, etc., mainly credit cards.

Do some small business to facilitate collection.

The development trend in the future is to do business, and there is more equipment.