It's quite reliable As a payment company with a state-owned enterprise background, Qian Bao is not so radical. However, the policy is stable, which belongs to a clear stream in the industry and will not be adjusted for several years. The quality of businesses is particularly stable at night. Although the market share is not very high, it should be said that customer stability should still be very good. So in general, the pos machines in Qian Bao are quite reliable.

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1, POS machine

POS machine is a terminal reader equipped with barcode or OCR code technology. It has cash or barter exchange limit cashier function, provides data service and management function for commodity and media transactions, and carries out non-cash settlement.

Widely used in electronic systems in retail, hotel and other industries. Its main function is to count the sales, inventory and customer purchase behavior of goods. Through this system, the working efficiency can be improved.

2. Can 2.POS machines swipe their cards?

POS machines can only use UnionPay cards. POS is a multifunctional terminal. If it is installed in the special merchants and acceptance outlets of credit cards and connected to the computer, the automatic transfer of electronic funds can be realized. It has the functions of supporting consumption, pre-authorization, balance inquiry, transfer and so on, which is safe, fast and reliable. UnionPay card refers to a bank card that meets the requirements of unified business norms and technical standards and is printed with the word UnionPay at a designated location. Most card numbers begin with 62. According to the relevant person in charge of the People's Bank of China, bank cards with the UnionPay logo must conform to the unified business norms and technical standards stipulated by the People's Bank of China and be approved by the People's Bank of China.

3, the role of POS

(1) ①POS machine, as an auxiliary tool for transactions between merchants and users, is a medium, which is recognized and protected by the central bank. The funds generated by users will be submitted to UnionPay through the acquiring institution, and finally settled to the issuing bank, and the issuing bank will charge corresponding fees for the whole process, which will be obtained by the issuing bank, UnionPay and acquiring institution respectively.

②POS machines are the most widely used enterprises. Because it is convenient for merchants to collect money, users can swipe their cards directly on POS machines when shopping. At present, POS machines support credit card swiping, code scanning and flash payment. It can be said that it is multifunctional. When going out for consumption, one mobile phone and one card can complete all payments, which reduces the utilization rate of paper money and saves the time for businesses to make change and count the transaction flow, which can be described as the best of both worlds.