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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