Now let's take a closer look at the types of acquiring
Posted: Mon Jan 06, 2025 5:09 am
Merchant acquiring
Allows cashless transactions to be carried out via POS terminals with direct contact between the payer and the seller. This type of acquiring is in demand in offline stores, cafes, restaurants, cinemas, offices, beauty salons, hotels, gas stations, etc.
Terminals are installed in specific locations and connected to computers, online cash registers or cash registers with a built-in card reader. In addition, as mentioned earlier, businesses can purchase devices that combine the functions of a terminal and a cash register.
All equipment required for merchant benin whatsapp phone number acquiring is provided and installed by the acquirer. It also provides technical support and conducts personnel training. The business pays a commission for this, the amount of which depends on the selected tariff and turnover. In most cases, it is 0.4-2.5% of the amount of each accepted payment.
Mobile acquiring
One of the types of merchant acquiring, the main advantage of which is the absence of a link to a store or office. Mobile acquiring allows you to accept payments anywhere. It is usually connected by companies that are engaged in mobile trade, delivery services, taxis, as well as individual entrepreneurs providing services at home.
Payments are accepted using a portable terminal, which can be autonomous or connected to a smartphone or tablet. Businesses can use portable mPOS terminals, as well as smart terminals, which can be equipped with online cash registers. Payments are managed through a special mobile application of the acquiring bank or payment aggregator. In most cases, mobile acquiring rates are the same as those of a merchant.
Internet acquiring
The technology allows entrepreneurs to sell their products and services on websites, mobile applications, social networks and messengers without personal meetings with clients.
This type of acquiring is suitable for online stores, online schools, experts who create original courses and conduct online consultations, marketplaces, travel agencies, offline stores and retail chains that are interested in developing online sales and many other businesses.
With the help of Internet acquiring, companies can accept payments from customers using regular and virtual bank cards, funds from electronic wallets or via QR code via the Internet. It also allows you to actively develop your business through sales to customers from different cities in Russia and other countries.
In order to pay for a product or service, the user must fill out a payment form and confirm the transaction. The information about it is accepted by the acquirer and transmitted to the issuing bank via secure gateways. This ensures complete confidentiality of the buyer's data and a high level of payment security.
Processing companies also participate in Internet acquiring, which exchange data and prevent various types of fraud.
A business can start using this type of acquiring in almost one day. The company needs to connect a payment module - a program that can accept payments on the website and in other communication channels with clients. A fintech company or a bank can solve this problem. The entrepreneur will not need to buy and install any equipment.
Allows cashless transactions to be carried out via POS terminals with direct contact between the payer and the seller. This type of acquiring is in demand in offline stores, cafes, restaurants, cinemas, offices, beauty salons, hotels, gas stations, etc.
Terminals are installed in specific locations and connected to computers, online cash registers or cash registers with a built-in card reader. In addition, as mentioned earlier, businesses can purchase devices that combine the functions of a terminal and a cash register.
All equipment required for merchant benin whatsapp phone number acquiring is provided and installed by the acquirer. It also provides technical support and conducts personnel training. The business pays a commission for this, the amount of which depends on the selected tariff and turnover. In most cases, it is 0.4-2.5% of the amount of each accepted payment.
Mobile acquiring
One of the types of merchant acquiring, the main advantage of which is the absence of a link to a store or office. Mobile acquiring allows you to accept payments anywhere. It is usually connected by companies that are engaged in mobile trade, delivery services, taxis, as well as individual entrepreneurs providing services at home.
Payments are accepted using a portable terminal, which can be autonomous or connected to a smartphone or tablet. Businesses can use portable mPOS terminals, as well as smart terminals, which can be equipped with online cash registers. Payments are managed through a special mobile application of the acquiring bank or payment aggregator. In most cases, mobile acquiring rates are the same as those of a merchant.
Internet acquiring
The technology allows entrepreneurs to sell their products and services on websites, mobile applications, social networks and messengers without personal meetings with clients.
This type of acquiring is suitable for online stores, online schools, experts who create original courses and conduct online consultations, marketplaces, travel agencies, offline stores and retail chains that are interested in developing online sales and many other businesses.
With the help of Internet acquiring, companies can accept payments from customers using regular and virtual bank cards, funds from electronic wallets or via QR code via the Internet. It also allows you to actively develop your business through sales to customers from different cities in Russia and other countries.
In order to pay for a product or service, the user must fill out a payment form and confirm the transaction. The information about it is accepted by the acquirer and transmitted to the issuing bank via secure gateways. This ensures complete confidentiality of the buyer's data and a high level of payment security.
Processing companies also participate in Internet acquiring, which exchange data and prevent various types of fraud.
A business can start using this type of acquiring in almost one day. The company needs to connect a payment module - a program that can accept payments on the website and in other communication channels with clients. A fintech company or a bank can solve this problem. The entrepreneur will not need to buy and install any equipment.