The main task of POS is to provide data services and management functions for commodity and media transactions, and make non-cash settlement. It has the functions of supporting consumption, pre-authorization, balance inquiry and transfer.

Credit card repayment is not within the function scope of pos machine, so POS machine cannot repay credit card.

It is difficult to obtain basic business information for bulk transactions, and the introduction of POS system is mainly to solve the blind spot of retail information management. An important part of chain branch management information system.

Extended data:

Use classification

1. Financial POS machines are mainly used in banking systems such as UnionPay business system, commercial banks and local credit cooperatives.

2. Non-financial POS machines can be widely used in members, chains and franchisees of all sizes and types; Catering and entertainment enterprises, automobile maintenance centers, cosmetics stores, tourist attractions and other fields.

POS machine fee

According to the notice of the National Development and Reform Commission, the bank card processing fee was officially adjusted from June 9, 20 16. According to the adjusted scheme, the overall rate of card swiping is reduced by 53% to 63%.

1. The catering rate decreased from 1.25% to 0.6%.

2. The department store's credit card processing fee was reduced from 0.78% to 0.6%.

3. The supermarket dropped from 0.5% to 0.38%.

4. The public welfare category is still 0%.

5. For real estate and automobiles, refer to the charging standards for catering and entertainment, without capping, and the single rate will be raised.

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