What is the difference between a POS machine that is paid by a third party and a free POS machine?

So what is the difference between a bank and a third-party payment? Is it safe to choose third-party payment?

Then let's talk about common ground first:

Both the bank's POS and third-party POS have a big leader: the central bank.

Companies that are eligible to make third-party payments have payment licenses issued by the central bank and pay huge deposits in the central bank, which are directly settled through the channels of the UnionPay channel. Moreover, due to the complicated bank procedures and high requirements, a large number of banks' POS machines are actually taking third-party channels. I believe everyone can understand them here. In fact, both banks and third-party payments are safe.

But security is not absolute, because some lawless elements will use some loopholes to wipe the ball, so you must choose a big brand when choosing a third party payment! Never choose a second cleaning machine or a POS machine without a license. Be sure to choose a machine! Be sure to choose a machine! Be sure to choose a machine!

Then let's talk about the difference:

Let me talk about the bank:

1. Most bank POS companies must have a public account, and if you install a transfer machine, you cannot swipe your credit card.

2. The bank opens a public account and swipes the card into a public account, which will result in a certain tax.

3. Some bank POS must enter the designated account of the designated bank. The account opening fee is higher.

4, the bank is on the public account, withdrawal is very inconvenient, you must get online transfer or go to the counter to queue up to withdraw money.

5. The bank handles the POS machine strictly, and the machine is slow. The processing period is usually 15 days or more at the fastest. The time of arrival is usually T+1.

6. The POS machines handled by the banks are fixed POS machines, which are connected to the telephone line. Even mobile POS machines can only be used in a small range.

7, bank POS merchants in the background check-ups are cumbersome, especially chain stores, can not concentrate all the stores to check accounts

8. The bank does not have a professional service team if there is a problem with the machine. It is very slow to solve! Some machine consumables must be purchased by themselves, and it takes time to pay for it!

9. Although the bank machine is free, it will receive management fees every year.

What about third-party payment POS machines?

1. All UnionPay logo credit cards can be swiped.

2, settlement can be public and private, free to choose according to business needs

3. Arrival T+1 or D+0 seconds to arrive.

4. The rate is more competitive.

5, can handle mobile POS machines, approval is fast, easy to handle. Get off the machine in five minutes.

6, the intelligent machine also supports scan code (WeChat, Alipay), Alipay Huayu, Jingdong white strip and so on.

7, there is a separate background operation, so you can check your daily card amount and money at any time.

8. The third party has a professional after-sales service team. Once the machine has problems, it can be processed in time, and some consumables can be provided free of charge.

9. The POS machine paid by the third party is a one-time charge.