Must know the proper nouns of the POS concept


Just contacted by friends in the POS industry, I can't help but know the proper nouns of these concepts!

Mobile POS

Also known as mobile sales point, handheld POS machine, wireless POS machine, batch processing POS machine, application of mobile sales in various industries.

The mobile POS machine is an RF-SIM card terminal reader, and its terminal device can be connected to the data server through CDMA, GPRS, TCP/IP, and the like.

Direct POS machine

The POS terminal is directly connected to the UnionPay system. When the POS is consumed, the transaction information is first sent to the UnionPay host system, which is automatically determined by the UnionPay system, and then sent directly to the relevant issuing bank, and the information is returned along the way.

MPOS

A new payment product that connects to mobile phones and tablets to universal smart mobile devices.

Through the Internet for information transmission, the external device performs operations such as card reading, PIN input, data encryption and decryption, and prompt information display to realize the application of the payment function.

Mobile phone card reader

Mobile phone POS machine, similar to an external card reader, is mainly used to read the magnetic stripe card information and transmit data through the 3.5mm audio jack.

The mobile phone card reader itself does not have the function of payment, and the software of the payment channel must cooperate to pay and receive the order.

Hand brush

It is also a mobile phone card reader, mainly downloading a client on the mobile phone. After inputting the amount, the card transaction can be swiped on the mobile phone card reader.

This is also a new payment method in recent years.

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