Difference between EFT POS machine and MPOS?

* Source: POS * The author: admin * Published time: 2019-07-17 17:27:29 * Browse: 51

What is a pos system AND what is EFT POS and MPOS?

They are both Point of sale machine that be used in the merchant side to execute the payment of the client by swiping their debit card or credit card. Most of the EFT POS is desktop type, and most of the MPOS device is a mobile POS.

 

1, the Size is different

The EFT POS is generally larger in size because it has to print the payment receipts, and the MPOS is generally small.

 

2, the User group is different

 

The EFT POS is mainly used by the merchants in physical stores, and is generally used to collect money from customers; MPOS is generally used for self-employed individuals or individuals to collect money from customers.

 

3, the Signature method is different

 

The EFT POS machine has a small ticket be printed out and customer sign directly on this receipt. The MPOS is directly signed on its corresponding APP. (MPOS can’t print a receipt)

 

4, the different ways to Get business started

 

The EFT POS terminal can be used only after submitting ID card, savings card, hand-held photo, and business license to the bank agent. But to use a MPOS, you just need to download the corresponding APP and you complete the registration.

 

5, the way of Communication is also different

 

The EFT POS terminal generally uses GPRS or wifi connection; the MPOS generally needs to download the app and connect to the mobile phone network for use.

 

About DataMega

 

DATAMEGA create up an experience and vitality team for design, research and development, marketing, sales and after-sales service of android POS terminal. The core engineers and marketers are working on this industry of smart POS for more than 10 years and we can provide quality product and service for partners.

 

To be leading of POS china manufacturer, DATAMEGA Insight into the market demand, understanding the customer pain points, in the pursuit of product innovation at the same time, DATAMEGA is committed to providing customers with the high-quality POS device.