What is Virtual POS
With the development of technology, the spread of the internet, and users learning about e-commerce, making easy and fast collections over the internet has become a necessity. Especially websites that sell over the internet had to use the most secure method for collections for both parties. Virtual POS is a system where users complete their purchases by entering their credit card numbers themselves over the web, using a software interface obtained from banks, with this system preventing third parties from accessing the information through SSL encryption technology. In the Virtual POS system, the user sees the amount they will pay on the payment screen, enters their information, and if the system makes the necessary checks and carries out the authorization process at the bank where the payment will be made, the money is transferred to the payee's bank account.
How to Get Virtual POS
You need to have an account at the bank you want to work with. After the account opening procedures, you need to sign the merchant agreement and deposit the necessary fee for the virtual POS terminal into your account. Additionally, with the signing of a special agreement for the Virtual POS system and approval from the bank, you will receive your terminal information and can start working.
