Virtual pos payments can be evaluated according to different criteria according to the type of virtual pos service to be received and the product payments that your customers will make by choosing this type of payment over the internet.
Due to the fact that competition in the past was not what it is today, banks providing virtual pos services or brokerage institutions serving under the permission of the Central Bank of the Republic of Turkey made payments in 30-day periods. In fact, it was possible to mention the existence of organizations that set this process at 45 days.
Today, the significant increase in the number of places providing virtual pos services has caused a great competition. For this reason, virtual pos payments can also be made in the form of weekly or even next day payments. Although not all banks or authorized institutions are doing this yet, we can say that a significant number of them paid much earlier.
As you know, virtual pos services are systems that allow the payment of purchase amounts made from e-commerce sites via bank or credit card over the internet. In other words, just like we use in physical stores, virtual poss are used on the internet and are one of the most preferred payment methods.
If we go into a little more detail about this payment method, which is widely used in almost all e-commerce platforms, we can mention the following.
Especially those who will supply directly through banks should be a company that provides strictly necessary conditions. It is not legally possible for unincorporated bussiness to benefit from this service through banks.
However, there are different organizations under the supervision of the Central Bank of the Republic of Turkey, which allows it to be used as a payment method on some websites. When you want to take advantage of the pos devices of these organizations, the commission rate is much higher. Recently, we can say that there has been a significant decrease in the number of these organizations.
- You provide your customers with a secure and alternative payment method.
- If compatible cards are used, you can receive payments from anywhere in the world.
- Due to the fact that the information of the companies providing virtual pos services can be more accessible, the judicial authorities have a responsibility to the individuals who cause victimization in case of any negativity.
- It is useful in trading very quickly, without requiring cash.