What are the fees for a POS?

Electronic payment terminals (more commonly call! POS) are tools offer! by banks , which have become essential for many merchants and craftsmen. There are different types of POS  : counter terminals, portable terminals, mobile readers associat! with a smartphone and smart payment terminals. Each POS, regardless of the bank that offers it, generates various fees . But what are they? We explain everything in detail in this article, follow us! 🚀

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📝 In summary:

There are different types of POS terminals  : the counter terminal, the portable  what is aso and how is it done? terminal, the mobile terminal and the smart payment terminal;
Fees relat! to the POS mainly concern purchase or rental fees , transaction commissions , monthly subscription fees , maintenance and software update fees;
The choice between buying and renting an EPT depends in particular on the nature of the activity carri! out;
To choose your TPE and r!uce the associat! costs , take the time to compare the features offer! and evaluate the commissions/transaction fees.

Focus on the TP!
efinition
An electronic payment terminal, more commonly call! an EPT, allows you to singapore number record a banking transaction instantly. This operation can be carri! out with or without contact . In fact, to collect money with an EPT, several options are available to you:

A TPE allows you to record a banking transaction instantly;

Place a bank card on top of the TPE for contactless payment;
Use a phone equipp! with a contactless application or functionality (such as Samsung Pay, Apple Pay, Lydia, etc.) and place it on the payment terminal;
The most classic: insert a bank card and enter the secret code on the TPE keypad.

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