ArmInfo. Evocabank has launched a new contactless cashless payment tool - mobile POS (mPOS) for simplified and quick receipt of payments by business entities. This is noted in the message of Evocabank
The source notes that mPOS is a mobile version of a regular post-terminal that turns an Android smartphone into a payment terminal. mPOS is especially suitable for mobile businesses: open-air stores, cafes, food outlets during events, online stores, delivery services, or any other business that accepts payments from customers outside the business premises.
The mPOS service is the most beneficial for small businesses, since if you have a mobile post-terminal, you will no longer have to pay 10,000 AMD per month for a POS-terminal, its software and additional maintenance. In addition, when using mPOS, there is no risk of damage to the device and the associated costs. All you need to activate mPOS is an NFC-enabled smartphone running Android 8.1 or higher, connected to the Internet, and having the Evoca mPOS app downloaded from Google Play. In particular, after downloading the application, you need to log in using the username and password provided by the bank. And after that, the business entity can accept contactless payments from its customers. And to make a payment, the client just needs to bring his card or phone with Apple Pay support to the smartphone of the business entity, with the payment card from Evocabank added there.
To get mPOS Evoca, you need to fill out an online application posted on the Evocabank website at the link - https://www.evoca.am/hy/vpos-pos-terminal-installation-application-form/ here.
After that, a bank specialist will contact you, answer questions and ensure the organization of the process.
To receive payments from its clients, a business entity needs to open an account for a legal entity with Evocabank. The difference between mPOS and a regular post-terminal is significant. A regular POS terminal needs a certain place for installation, charging, a receipt roll, and additional documentation. While the mobile post-terminal - mPOS allows you to make transactions quickly and easily from anywhere, with instant receipt of a payment receipt in electronic form. Moreover, it takes much less time to install mPOS. And payments through mPOS may be accepted from several clients at the same time, without waiting for the release of the device, as is the case with conventional POS terminals.
