Virtual POS
Paynet Virtual POS allows Paynet member merchants to easily collect credit card payments wherever and whenever they want, without the need for a physical POS device.
Paynet Virtual POS is compatible with all debit and credit cards and allows for instalment sales to the extent permitted by regulations. With Paynet Virtual POS, which does not require complex integration processes, businesses can diversify payment methods and offer alternatives to their customers.
With Paynet Virtual POS, payments are accepted in both virtual and physical environments, minimising investment and POS costs. Businesses do not need to contact all banks separately and can accept payments from all card brands with a single contract.
You can sign up for Paynet Virtual POS now to get the best Virtual POS for your business.
Conveniences offered by Paynet Virtual POS
- Instalment payments for all card brands
- Eliminates the need for physical POS
- Ability to accept payments from all card brands with a single contract
- Easily collect payments with a single integration
- Reduces operational burden through ERP integration
- Diversifies payment methods
- Eliminates investment and POS costs
For detailed information about all our products and solutions, you can contact us by calling our call centre numbers 444 7 729 or 0850 339 77 29 or by sending an e-mail to destek@paynet.com.tr
What are the Benefits offered by Paynet Virtual POS?
What is Virtual POS?
Devices that enable payment with debit or credit cards are called point of sale terminals or POS for short. The digitized version of POS is called Virtual POS or VPOS for short.
How do I get a Virtual POS?
All you have to do is apply to Paynet to get a Virtual POS. Normally you have to apply for each bank separately, but with Paynet you can work with all banks under a single contract.
How do I apply for a Virtual POS?
While the process of applying for a Virtual POS from a bank or payment institution is largely similar, the documents required or the waiting period may vary. For example, the Paynet Virtual POS application process requires basic personal information and company information such as its website.
What are the Documents Required when Applying for a Virtual POS?
When applying for a Virtual POS, banks or payment solution providers may request different information and documents. Therefore, before making the application, you should contact the provider and find out what the relevant documents are. In general, the documents required when applying for a VPOS are:
- Tax certificate
- Signature circular
- Shareholder agreement (if any)
- Copy of the Trade Registry Gazette
How to enable a Virtual POS?
The process of enabling a virtual POS begins with the approval of the application. The virtual POS of the business whose application is approved will be enabled shortly after. You need to install the enabled VPOS to use it actively.
How to Set Up a Virtual POS?
Virtual POS installation may vary depending on the type of e-commerce site or mobile app. Companies can do the installation themselves or get technical assistance. If the Virtual POS installation is to be performed via PHP, resources such as GitHub can be utilised. The best way to set up a VPOS is to get assistance from the service provider.
What are the Virtual POS Commission Rates?
Commissions for virtual POS may vary by year, company turnover, or contract type. Payment solution providers and banks may charge a certain percentage or a per-transaction commission. Businesses should contact Paynet or the bank they want to obtain their virtual POS from to obtain the VPOS commission rates for 2023.
