How to Use Virtual POS with Mobile Phone?

Today, payment systems of businesses are changing and digitalizing in parallel with technological developments. Mobile solutions in particular offer practical and low-cost options for the requirements of small and medium-sized enterprises. The use of virtual POS with mobile phones, which allows businesses to receive payments from anywhere, is a method that provides convenience and mobility. More flexible than traditional POS devices, this system allows business owners to accept payments using only a mobile phone. So, are you curious about how the use of virtual POS via mobile phone is realized and what kind of advantages it offers to businesses? Let’s discuss the use of virtual POS via mobile phone and the details of this method step by step together.

Basic Steps to Use Virtual POS with Mobile Phone

There are steps that businesses should follow when starting to use virtual POS with mobile phones. These steps are as follows:

• The first step is to make an agreement with a financial technology company or bank that offers virtual POS service. There are many banks and payment service providers offering this service in Turkey. During this application process, business documents such as tax certificate, identity information, trade registry certificate may be requested.
• Başvuru onayının ardından işletmenin kullandığı yazılım ya da platforma sanal POS entegrasyonu yapılmalıdır. Mobil cihazlar üzerinden işlem yapılabilmesi böylece sağlanabilir. Genelde bu süreçte bir mobil uygulama kullanılır.
• After the application approval, virtual POS integration should be made to the software or platform used by the business. Thus, it can be ensured that transactions can be made on mobile devices. Generally, a mobile application is used in this process.
• The business enters customer information through the app to receive payment and the transaction is initiated. Alternative payment methods such as QR code scanning can also be used. The customer completes this process quickly using their mobile phone.
• When the payment process is finished, both the customer and the business receive an instant notification. This notification indicates that the transaction was successful. When payment is received via Virtual POS, it is transferred to the bank account of the business within the specified period of time.

Advantages of Using Virtual POS with Mobile Phone

With the widespread use of digital payment systems, receiving payments via mobile phones has become a frequently preferred method. The advantages of using virtual POS with mobile phones are as follows:

• Mobility and flexibility: Unlike physical POS devices, the use of virtual POS with a mobile phone eliminates the dependency on a physical device when taking payments. Thus, businesses have the opportunity to receive payments even in the field or in mobile environments.
• Low costs: Physical POS devices can have high installation and maintenance costs. Virtual POS, a method that does not require physical devices, significantly reduces installation and operating costs.
• Multiple payment methods: Virtual POS allows businesses to enable their customers to use multiple payment methods. With options such as credit card, debit card, digital wallet and QR code, customers have more payment alternatives.
• Instant reporting: Virtual POS allows instant reporting of all payment transactions. Business owners can check all transactions in real time via their mobile phones.

Security of Receiving Payments Using Virtual POS with Mobile Phone

The security of payment transactions is very important for both business owners and customers. Receiving payments using virtual POS via mobile phone is supported by various security measures. Virtual POS systems play an important role in protecting users’ information with today’s most advanced security protocols.

• SSL Certificate and Encryption: All payment transactions are encrypted with SSL certificates. SSL certificates prevent customers’ card information and other personal data from being intercepted by third parties.
• PCI DSS Compliance: Virtual POS service providers offer PCI DSS (Payment Card Industry Data Security Standard) compliant solutions. This standard includes a set of security criteria to ensure the security of cardholder information
• Fraud Prevention Technologies: Virtual POS service providers utilize various security measures against fraud attempts. These systems detect suspicious transactions and alert the business and the customer.

Which Businesses are Suitable for Using Virtual POS with Mobile Phones?

Using virtual POS with a mobile phone is a viable solution for many businesses. In particular, these types of businesses can benefit greatly from using this system:

• Small and medium-sized businesses: Suitable for small and medium-sized businesses that do not want to bear the cost of physical POS devices or that conduct low-volume transactions.
• Mobile businesses: For mobile businesses working at fairs, events or in the field, using virtual POS with mobile phones makes it easy to take payments anywhere.
• E-commerce businesses: Businesses that sell online can take payments from anywhere and improve the customer experience thanks to virtual POS systems that integrate with mobile devices.
• Service sector: Businesses that provide individual services such as hairdressers, consultants, sports trainers can receive payments from their customers in a practical way by using virtual POS with mobile phones.

Using virtual POS with mobile phones is a practical solution that offers businesses flexibility, low cost and secure payments. This system, which can be used by a wide range of businesses from small and medium-sized businesses to mobile service providers, saves time and increases efficiency while receiving payments. PayTR offers secure and fast virtual POS solutions for businesses that want to switch to digital payment systems. You can choose PayTR to easily receive payments from your mobile phone and increase your customer satisfaction, and take your business one step further.