POS terminals are normally connected to telephone lines (PSTN) and this limits the mobility. These terminals are mainly used in hospitality industry including restaurants. Base station is connected to telephone line.
#Pos terminal portable#
Mobile terminals / portable terminals can be used within a specified radius of the base station and are not wired to the base station. This kind of terminals consists of a base station and many portable POS terminals.
Portable Point Of Sale terminals linked to base station
#Pos terminal Offline#
This type of POS is used for offline field operations or Financial Inclusion transactions and subsequent batch upload to the back end by taking to a place where telephone/ mobile connectivity is available. These terminals are also called Predominantly Off-line Terminal (POT). Polled POS terminals store the details of transactions and transmit the details to the acquirer at night/ when connectivity is available. Polled Point Of Sale terminals (Predominantly Off-line Terminal-POT) Acquirers do no normally supply such terminals, however, extends support for integration of merchant’s systems with the Point Of Sale terminals.
#Pos terminal code#
In some other models, a bar code reader scans the invoice for the total amount of purchase which is then accounted at the terminal through card transaction. In this case, the computer system may be linked to the POS terminal so that the total of billed items is fetched directly. IPOS is a special kind of POS terminals where the terminal is linked to other devices so as to reduce the work load of the person handling the terminal. Integrated Point Of Sale terminals (IPOS) In such cases, the retailer maintains the terminals and seeks the assistance of supplier for periodical services. This method is adopted when the retailer needs large number of terminals and can be sourced directly from device supplier itself at reduced cost. In this method, retailer himself owns the terminal. When the volume of transactions is high, acquirer may provide rent free Point Of Sale terminals. Majority of merchants have this kind of arrangements. Acquirer provides support and system upgradations. In this kind of arrangement an acquirer, who is a POS vendor or bank which acts as the processor of transactions, owns the Point Of Sale terminals and rent out the terminal for a specified period for mutually agreed rent as specified in the agreement. There are different types of Point Of Sales terminals. Today, all banks in India promote transaction through Point Of Sale terminals and the terminals have become ubiquitous. Point Of Sales terminals (POS Terminals) have played a key role in promoting payment card based transactions in India thereby catalysing migration to digital channel payments and digital banking.
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