What is a card reader?
The card reader or the credit card terminal is mostly responsible for transferring money from the customer's account to the seller's account, which can also be connected to the accounting software if it has an Android operating system.
What is bank pose?
Bank POS as a cash register is a complete computer with a small monitor that issues the details of a purchase in the form of a receipt and transfers money to the seller's account through a card swipe, but in practice, in addition to these tasks, as a A store terminal connected to a bank can do many things. In the simplest case, it calculates the purchased items and the total price like a calculator. As a very simple example of its efficiency, we can refer to the bank pos used in a fruit shop, which calculates the total price of the products purchased by a customer by calculating the weight of each product and the unit price. which can help business owners in calculating and managing their financial flows depending on the type of business. In order to increase the speed and accuracy in importing goods and calculating their prices, a barcode scanner is used. In some bank poses, according to the user's needs, the money drawer and the customer's display screen are also considered.
What advantages does the card reader have for its users?
The purpose of supplying card reader devices to today's hot market of various purchases and sales is to speed up operations related to money transfer and increase financial circulation in the banking system. The card reader significantly reduced the constant need for cash and eliminated the need to stand in long queues at the bank and withdraw cash and move these amounts for purchases with very high amounts. In addition, mobile devices that have the ability to connect to Wi-Fi or the internal network have eliminated the location limitation for sales and service provision for many businesses.
A list of the uses of bank pos fund
Separate and centralized control of funds through administrator access The possibility of controlling fund outflows by bank, payment forms, management withdrawals, etc.) Extraction of fund control reports Extraction of actual daily sales (separated by gross sales, replacement amount discount, etc.) Extraction of the report of the least selling and the most selling goods according to different parameters Control of sending and receiving goods separately from suppliers and receivers Controlling the sending and receiving of escrow goods and related accounting matters Extraction of the separate report of goods inventories Extracting the cardex report of goods Saving costs Tracking of procurement and operational flows Keeping records for setting plans, decisions, financing and budgeting Keeping records of sales of goods and services, etc.