Wednesday, November 30 2022 18:01
Karine Melikyan

Evocabank launches new contactless cashless payment tool- mPOS for  business entities

Evocabank launches new contactless cashless payment tool- mPOS for  business entities

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.

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