Many merchants do not have a license now, but they do business in the big market, and there is a demand for pos machines. For such merchants, UnionPay authorizes some payment companies to handle POS machines without a business license.
The formal personal merchants need to provide the information required by the POS machine, the second side of the ID card, the third side of the bank card, the fourth large market leasing agreement, the photo of the exterior location of the shop, and the photo of the hand-held ID card of the individual in the shop.
In principle, the pos machine is used by merchants to collect money. Those who do not have shops should not be able to apply for POS machines. However, many agents who handle pos machines now advertise that an ID card is used for POS machines. Such formalities are still con man? In fact, many of the unspoken rules are understood by everyone, so it is not necessary to say so much. . . .
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