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"inefficient POS"

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Payment POS terminal reading a bank card at a merchant counter

Payment Systems

Beware of Inefficient POS Terminals and Lines!

Why do institutions track inefficient POS terminals and lines? This post looks at the costs they create, such as device purchases, field service and software fees, and how to deal with merchants that generate little turnover.

Diagram of an alternative payment system routing online card payments through multiple bank virtual POS accounts

E-commerce

What Are Alternative Payment Systems?

Alternative payment systems are services from intermediary companies that use virtual POS accounts in the background to benefit merchants. Law No. 6493 calls them payment institutions. This article compares them with bank virtual POS accounts.

Illustration representing a foreign currency POS transaction

Payment Systems

What is Foreign Currency POS? What are the key points?

Foreign Currency POS is the POS software that lets merchants process transactions in a foreign currency. Terminals without it can only collect payments in Turkish lira. It comes in two common forms: Multicurrency POS and DCC POS (Dynamic Currency Conversion).