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Point-of-sale is the time and place where a merchandiser transaction is completed and they gives product in the sum of money received. Due to technology orders of customer order is instantly sent to kitchen to prepare on time. This also allow you pay your taxi fare or Do online shopping. You can do shopping or grocery by paying through mPOS. According to industry Standards MasterCard Mobile POS utilizes best industry standards. Big fish like Starbucks, Gloria Jeans and Dunkin Donuts have their own apps and similarly Google Wallet let you pay at all types Retailers. Most retailers have invested in their own mobile payments App to secure them themselves from higher cost of card payments.
Mechanism of mobile payment
Mobile payment method in POS Software in Grenada works on same model of financial institutions. The consumer then enters their credit or debit card information when they download App through their cellphone. When they’re in store or kiosk, they launch the App and cashier scans it then they click on pay pad option on their cellphone. Then the amount is transferred to retailers. For retailers or merchandiser payment module works on technology of Near Field Communication known as (NFC) technology. Only NFC mobile Point of Sales Software in Grenada is required.
Safety of Mobile payment
The popularity of mobile Quick Service POS Software in Grenada is unstoppable. It is not only safer for retailer but for consumer also. Mobile payment methods are risk free. There is least chances of vulnerability in process unless the App get crashed. At the time of checkout most Apps generated unique bar code for particular transaction, which sent out security code that is deem able reach of hacker. This mean your credit or debit card information is not shared or steeled by transmission hacker.
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