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Welcome to the Press-center of FUIB! In this section, You can read the latest news of the bank and analytical materials about the financial market.

Members of the media may receive comments of the leaders and experts of the bank about the products and services of FUIB, about the situation on the Ukrainian financial market, contacting with the press officers.

Merchant acquiring: choice of bank and POS-terminal equipment
25 May 2015
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It is important to understand how the choice of a particular bank meets the needs of the enterprise. It is necessary to evaluate the quality of the support service, since a non-working terminal is a loss of profit.

And finally, reliability of the bank is important. When releasing the goods in exchange of a payment with a card, the company will receive funds for it later, so the acquiring bank has to be reliable.

The choice of equipment usually depends on a set of service possibilities necessary for the client. For example, you need to support contactless transactions, integration with cash register system, support of loyalty programs and integration with a lending system.

It is important to understand that a POS-terminal is, in fact, a computer, so the functionality of the terminal's software has importance.

Traditionally in Ukraine banks buy and provide equipment for the acquiring on their own. While in Europe it is the opposite: trading companies acquire their own equipment, which is then connected to the bank. However, the market in Ukraine is gradually moving towards this model.



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