What are the different methods of using a POS machine and the security measures to be taken while paying with it?
Everything you will need to know about paying via a POS machine
With every passing year, the use of POS (point of sale) machines is becoming increasingly more popular. Cards are replacing cash and people are opting for this safer, more reliable mode of transaction. However, many people still don’t fully understand the different methods of using a POS machine.That’s why we’ve provided answers to some of those frequently asked questions on paying via POS:
1. What exactly is a POS terminal?
POS is an abbreviation for point of sale. A POS terminal is just a computerized system for store owners to process card payments at their stores, almost always at checkout. This allows customers to make their payments quickly and safely using credit and debit cards.
2. What are the ways in which POS systems accept card payments?
There are three main ways in which cards are scanned into a POS machine, all of which use different methods for identification.
3. How do I know which currency to use?
When you’re in your country, it’s always best to pay in the currency of your card. However, if you’re abroad, it’s always better at any point of sale (POS) to pay in the same currency as the country you’re in.