1. You do not need to provide a credit card to apply for a POS machine, but you need a savings card, ID card, and a business license if it is a merchant.
2. In fact, mobile POS machines do not necessarily need to be bound to a credit card. Just bind a debit card (so, a savings card is also acceptable), that is, when someone purchases your goods and swipes your POS machine, the debit card will be the bound card. You need to bind a credit card, and then you will swipe it into that credit card.
3. Normally, individuals who use POS machines need to provide their own credit card or debit card as a settlement account. Because the POS machine is an electronic payment terminal device, it can directly transfer the customer's consumption amount to the merchant's bank account through the bank network. This process requires a valid settlement account to complete the transaction.
4. Normal. It is normal to need to provide a credit card when applying for a POSS machine. All the information you need to prepare to apply for a POS machine requires your personal ID card, debit card, and credit card. Note here that you need to verify your identity when applying for a POS machine. You must use your true identity to handle the POS machine.
5. In this case, they definitely need a credit card, because only credit cards can be used for consumption at the POS machine. Later activation will require their customer service to handle it.
6. Once the credit card is authenticated, most of the invalid customers can be blocked. Moreover, users' credit cards are generally not easily borrowed, so some criminals who use other people's identities to cash out can also be eliminated. It should be noted that POS machines have certain technical guarantees for authenticating credit cards, so users do not need to worry about security issues.