POS simply stands for Point-of-Sale. There are basically 3 different types of POS Terminals when it comes to retail face-to-face processing in Canada.
- Dial-up POS Terminal – this is where the terminal is connected to a phone line. You can share the phone line with fax or existing phone line, but you CANNOT transact at the same time as a call being made or fax sending/receiving. This is fine for low volume businesses where you under 20 transactions in a day.
- IP POS Terminal – this is where the terminal is connected to your high speed internet. It allows you to have a uninterrupted line and makes for fast transactions (5-10 seconds). Great for businesses that have super line ups or already use hi-speed internet for other purposes.
- Wireless POS Terminal – this is where the terminal has a SIM card and connects to the cellular phone Data networks. It is the same data plan that comes when you have internet on your smart phones. This type of terminal allows you to transact anywhere there is network signal. Perfect for mobile businesses. Signals are compressed and encrypted through the mobile terminal hardware.
Guarantees:
- fast turnaround from paperwork to delivery
- Affordable POS Terminal Hardware
- Visa, Mastercard, American Express, & Interac debit processing available
- Low transaction & MDR fees
- Low set-up fees
- 24/7 Support