Whether the activation of pos machines requires money or not shall be subject to the provisions of the merchants. Most pos machines in the market are free of charge, but there are certain conditions for activation, such as how much deposit to brush and how much to brush first. Therefore, everyone must understand clearly when handling pos machines. Under normal circumstances, the deposits ranging from 100-300 yuan will be frozen when the pos machine is activated, and will not be returned to the customer until the credit card conditions are met. POS machines have been widely used all over the country, and even people who don't use POS machines know its name. Now there are too many large purchases. More and more users begin to apply for POS machines to solve financial difficulties, but generally they have to pay activation fees to activate the machine terminals.
The POS machine reads the magnetic stripe information on the cardholder's bank card through the card reader, the POS machine operator inputs the transaction amount, and the cardholder inputs the personal identification information (i.e. password). The POS machine sends the information to the issuing bank system through the UnionPay center to complete the online transaction, give the information of success or failure, and print the corresponding bill. The application of POS realizes the online consumption of credit cards, debit cards and other bank cards, ensures the safety, rapidity and accuracy of transactions, avoids complicated labor such as manual blacklist inquiry and bill pressing, and improves work efficiency.
What is a POS machine?
POS, which means "point of sale" in Chinese, is a terminal reader equipped with bar code or OCR code technology, which has the cashier function of cash or barter bank. Its main task is to provide data services and management functions for commodity and media transactions, and to carry out non-cash settlement. POS is a multifunctional terminal. It can be installed in special merchants and acceptance outlets of credit cards, and connected with computers to realize automatic transfer of electronic funds. It has the functions of supporting consumption, pre-authorization, balance inquiry and transfer, and is safe, fast and reliable to use. 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.