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f

Computer Applica

tionsPoint of Sale

(PoS)

Bharathiar University - VISAKA

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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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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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Computer Applica

tions

Installation of Physical PoS Terminal

1

2

3

Open / identify currentaccount for transactions

Fill in the application form(online / at the branch)

Identify type of PoSrequired (landline / GPRS)

4

5

6

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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f

Computer Applica

tions

Mobile PoS

Note: mSwipe is used as an example of MPOS hereBharathiar University - VISAKA

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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