In today's world is hard to imagine without the use of payment system cards.Often this method is much more convenient than the payment of goods, services and the implementation of various cash payments.Today, not necessarily to carry large amounts of cash (and in most cases you can do at all without them) to make any purchase (from a chocolate bar or a ticket to the car), to pay the bill in a restaurant or to make monthly utilities.All this can be done with only one in possession of a bank card.Her take most of the shops, restaurants and organizations to provide various services.They realize the opportunity to pay for their goods / services through the use of card acquiring.It is this notion of the subject of this article.What is acquiring and what its benefits for each settlement participant?
This service is provided by banks and other commercial organizations by setting their territory payment terminals (otherwise referred to as pos-terminals) and imprinters.They are designed to read information from the card and invoice to the buyer / client.The acquiring bank receives the request and debit the customer's account with the appropriate amount of money.Operations with plastic cards are processed in the processing center Bank.On the basis of reports sent to it on a daily basis, the bank reimburses the company (its current account) in which the terminal is installed, funds to the sum of all transactions performed on this equipment.Acquiring Bank brings a good income in the form of a credit institution commission for carrying out these calculations.Thus, for it is a good way to make money.
And what is acquiring for the organization?Does it make sense to use this system, if a portion of the cost of goods or services has to give the bank?Of course, it is, and not a little.The fact that this is a great opportunity to attract new clients / customers who prefer to pay off the card, not the cache.As a rule, they do not carry with them substantial sums of money, and the lack of organization in the pos-terminals may cause a denial of purchase (often buyers do not return to complete the purchase or other transaction, and find a place to easily accept payment cards).Thus, acquiring (rates for the company which were not significant) allows you to expand your customer base and increase sales to 30%.
There are other advantages of this banking service.Thus, the company will always be safe from receiving counterfeit notes in payment for goods or services, but also will save on collection of cash.And, of course, will make easier calculations customers who do not have a sufficient amount of cash, but always wearing a plastic card.
And what is acquiring on the internet?Almost the same, but in cyberspace.It is used to pay for purchases with the card account at online stores, as well as the implementation of a number of electronic payments (replenishment of mobile phone, utility bills, taxes, and so forth.).Enabled by means of web-interface and also allows the bank to make a provision of such mediation.
There is another version of this type of service.What is acquiring when using an ATM?In this case, this procedure include cash withdrawals from a bank card a person is not a client of a credit institution to which this device belongs.Client is the same as the service provider is a bank: the first - the card issuer, the second - the owner of the ATM (the acquirer).
