Virtual POS: the online payment system adapted to your business
Posted: Wed Dec 18, 2024 5:20 am
What is a Virtual POS?
The virtual POS, the online version of the point of sale terminal, is a payment tool that allows digital businesses to make immediate payments over the Internet. Thanks to NFD technology, in many cases there is no need to type anything, but rather it is enough to bring the card close to the device to process the transactions.
The virtual POS is a key piece in electronic commerce . With it, customers can, after macedonia phone number data entering their credit or debit card information, carry out sales transactions immediately in any store and in just a few seconds, which means numerous benefits for businesses.
How do I request a Virtual POS?
This type of service is requested through a financial institution and to use it you need to open an account or use one that is already active. To do so, however, you must pay a commission for each use as well as certain fees linked to its monthly maintenance.
How do I set up the virtual POS?
Once an agreement has been reached with the bank to be able to use it, it is necessary to enter a series of data in the virtual terminal, operations that can be carried out from its administration panel . Likewise, it is necessary to choose the payment methods and the cards that you want to accept in the gateway, after which it is advisable to carry out a test to check that the system works perfectly. The tool itself offers the possibility of making a purchase with fictitious data.
How does a virtual POS work?
First, during the check-out process, the digital business contacts the POS providing the transaction details such as the type of currency, the amount and also the name of the brand.
The virtual terminal will then ask the customer for the card number, its expiration date and, if applicable, the three-digit security code that appears on the back of the card.
The digital POS will connect to the financial institution to which the card is linked.
The next step is for the bank to request authorization from its client to charge the card (through a security code).
The virtual POS, the online version of the point of sale terminal, is a payment tool that allows digital businesses to make immediate payments over the Internet. Thanks to NFD technology, in many cases there is no need to type anything, but rather it is enough to bring the card close to the device to process the transactions.
The virtual POS is a key piece in electronic commerce . With it, customers can, after macedonia phone number data entering their credit or debit card information, carry out sales transactions immediately in any store and in just a few seconds, which means numerous benefits for businesses.
How do I request a Virtual POS?
This type of service is requested through a financial institution and to use it you need to open an account or use one that is already active. To do so, however, you must pay a commission for each use as well as certain fees linked to its monthly maintenance.
How do I set up the virtual POS?
Once an agreement has been reached with the bank to be able to use it, it is necessary to enter a series of data in the virtual terminal, operations that can be carried out from its administration panel . Likewise, it is necessary to choose the payment methods and the cards that you want to accept in the gateway, after which it is advisable to carry out a test to check that the system works perfectly. The tool itself offers the possibility of making a purchase with fictitious data.
How does a virtual POS work?
First, during the check-out process, the digital business contacts the POS providing the transaction details such as the type of currency, the amount and also the name of the brand.
The virtual terminal will then ask the customer for the card number, its expiration date and, if applicable, the three-digit security code that appears on the back of the card.
The digital POS will connect to the financial institution to which the card is linked.
The next step is for the bank to request authorization from its client to charge the card (through a security code).