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mPOS Machine

What is mPOS Machine ?


mPOS (Mobile POS) refers to mobile point of sale system which is the combination of software and hardware. This is an electronics device used by merchants for transaction in daily business life. Now a day’s mPOS machine is going to be key element in businesses just because of its cashless transaction function. Basically it is used in retail shops where customer likes perform transactions through Credit or Debit card. This is basically used in retail shop, grocery, food and beverage industry.

I think till now you have understood for what machine talking about. Even if you have doubt I give a example which help you to understand this clearly. Have you ever go to malls for shopping, or MacDonald’s for food, whenever you don’t have cash money, what you do? You preferred your credit or debit card for payment.
M I Right?

And the shopkeeper or seller swipes your card through a small machine and you enter your pin code for complete payment. I am definitely sure most of you experienced this, That small machine is known as mPOS machine and this whole process is known as mPOS payment system.
So now you are very familiar with mPOS machine, But ever you think how this mPOS machine works, how our payment process?

Is this question in your mind now?

Yes sure, Don’t be worry, now we will discuss about this topic, so keep tuning with us till end for more informative knowledge.


How Does mPOS Machine Work ?

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We all used mPOS machine in grocery shop and malls for payment. But we never think how this mPOS machine works? How our payment settled? Without wasting time I come to the point afterall how this works. As we know mPOS machine is the combination of software and hardware and its software part is integrated with seller’s bank account. The hardware part of mPOS machine consist a card reader chip. Now we come to the process.


  • At first merchant or seller swipe credit or debit card of buyer through this machine .
  • Then mPOS machine which works as a card reader and read bar code of credit or debit card .
  • After confirming buyer input the pin code as password.
  • Then this input data sends to central regulatory account.
  • After confirming all the input details form central regulatory, amount transfer to sellers account and receipt generate .
  • Here process complete and you got the receipt of you payment, now you can get your goods and services.

So now you understand how our payment settled through mPOS machine. This is the safe, secure and cashless transaction process which is trending in business now a day’s.



Benefits of mPOS Machine


Here we learned about mPOS machine and how it works. Everything is ok but one question will have been coming in your mind why we use this, how it is beneficial for us. Because there are different ways of cashless transaction like AEPS or PayTm but why we use mPOS machine?
So, here to clear your doubt I will have describe you both as a customer’s point of view and as a merchants or you can say business point of view.


Benefits of mPOS Machine to Your Business


  • This is a new & Effective Business Modal.
  • This enabled you large network & better penetration and reach in the market.
  • Portray yourself as end to end service provider.
  • Cater to smaller towns, at a lower operational cost.
  • Additional revenue channel increase higher income.
  • Backup of a strong transactional processing .

  • Benefits of mPOS Machine as a Customer


    • mPOS provides secured transaction with privacy of your details .
    • This is user friendly and easy to use .
    • Reduction in queues, Quick transaction process.
    • Increase acceptance at all price points .
    • You can pay through credit or debit card.
  • Reduce the cash transaction hassles .

  • mPOS Software Solution Provider | Direct Pay Online


    Earlier we heard this term as software part of mPOS machine. But what is this and what it’s benefits. Here we discuss all the questions here.


    Keep Reading…


    mPOS software is type of system which is use by seller for conduct sale. This is multi use system which works differently according to time, May sometimes it works as cash register and computer where you input your products. Sometimes it use as tally for cost and conduct the financial transaction. This is also used for inventory management and custom requirement details in big stores. So we can say this is the best software for business. Today this is the best way of Direct pay online with safe & secure manner.


    Ezulix software provides the best mPOS software solution in India for growth of your business. We are most leading company in India over the last few years in web & software solutions, this is the reason today we have a huge portfolio of potential customers all over in India.


    Grow your business with Ezulix mPOS software and earn best commissions in the market. Our main aim is growth of your business. We provide the software, with complete manual training to you and your staff so that you can earn more profit, with excellent support system team.


    Conclusion


    So here we learned all about mPOS machine, how it works, all benefits for business and as a customer. At last we discuss about mPOS software and best mPOS software Provider Company in India. I hope this article may definitely help you to understand mPOS machine, mPOS software and its uses.
    Still you have any queries or want to more information about mPOS machine & software, move Here.