#payment machines | Explore Tumblr posts and blogs

merchantservicesarticles101 · 10 months ago

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How does POS payment work?

(Human directed ai content.)

POS (Point of Sale) payment is a method of transaction where a customer pays for goods or services at the point of sale, typically using a debit or credit card. Here's how it generally works:

Initiation: The customer selects the goods or services they want to purchase and proceeds to the checkout counter or POS terminal.

Transaction Entry: The cashier or the customer inserts, swipes, or taps their debit or credit card into the POS terminal. The terminal reads the information stored on the card's magnetic stripe or chip.

Authorization: The POS terminal sends the transaction details, including the card information and the transaction amount, to the card network (e.g., Visa, Mastercard, etc.) through the acquiring bank (the merchant's bank).

Authentication: The card network validates the transaction and verifies if the card has sufficient funds or credit limit to cover the purchase. It may also perform additional security checks such as requiring a PIN or signature.

Approval/Decline: Based on the authentication process, the card network sends back an approval or decline response to the POS terminal. If approved, the transaction proceeds; if declined, the customer is informed, and alternative payment methods may be used.

Confirmation: Once the transaction is approved, the POS terminal prints a receipt for the customer to sign or confirm the transaction. In some cases, customers may also receive a digital receipt via email or text message.

Settlement: At the end of the business day, the merchant's POS terminal batch processes all approved transactions. The acquiring bank then transfers the funds from the customer's card issuer (the bank that issued the debit or credit card) to the merchant's account.

Funds Availability: Depending on the merchant agreement with the acquiring bank, the funds from the transactions are typically deposited into the merchant's bank account within a couple of business days.

Overall, POS payments offer a convenient and efficient way for customers to make purchases without the need for cash, while also providing merchants with a secure method of accepting payments and managing their finances.

Disclaimer:

Information in the articles is not business or investment advice, and these articles are created primarily for entertainment purpose. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED ON THESE ARTICLES IS SOLELY AT YOUR OWN RISK.

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plumbogs · 9 months ago

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i fully believe that the broke family's pinball machine came about because one day skip won literally like $150 on a scratch off and instead of buying food diapers a cute gift for his wife ANYTHING he went right to a stupid pawn shop and loaded that thing dangerously into his truck. not strapped down right or anything just raw in the bed held on with prayers. then had the nerve to tell brandi it was a birthday gift for dustin (his birthday was 3 months ago)

#plumbog headcanon #i can and will make theories about pin ball machines. do not test me #skip broke would be a lifted yeeyee truck owner you CANNOT tell me anything else. he can't afford payments on it #only alternative is a pickup from the 80s that is actively falling apart and does NOT have a muffler

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deoidesign · 27 days ago

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Look at these stickers my brain is literally so huge. God. I love them so much.

I hadn't tried to do a sticker sheet at home before because I knew it would be difficult, and I was right! Getting the cut lines to line up with the print was super hard and there were many failed attempts, but it was so worth it I'm so happy with them!!!

This sticker sheet is for my patrons this month ^^

#like seriously I wasted like 10 entire sheets #normally when I do stickers I get to arrange them on a 'print and cut' sheet #which basically has these black marks in the corners that the machine can scan so it can cut based off of where those marks were #so it gets to line up muuuch easier #but with this I didnt want to have just like 2 sticker sheets a page... I wanted to have 4 for an 8.5x11 piece of paper?#cause of obvious reasons I feel #cause the print and cut takes an inch all around #I'm not sure it would be replicable either tbh? like if I were to design another sheet I would have to waste a bunch of papers again #cause for some reason the individual cut lines werent like... it wasnt like it was just entirely offset or entirely scaled 1:1 #it was like some parts had to scoot up some spots had to scoot over some down whatever #so I think I would have to print cut and test again #but. also I did all that and realized. I could have been testing this on normal pieces of paper... I didnt have to use sticker paper #its fine! just makes me feel less bad about trying to do this again in the future #the sticker paper isnt that expensive this wasnt terrible #anyways. might do more in the future! I only have one other idea right now for a sticker sheet bt I wanna do it eventually #not like I wont ever have other ideas. obviously.#I just generally try to only make stuff that i'd actually wanna have so i'm not trying to make a ton of designs or whatever #this is actually also why i'm often sort of... late? on the patreon designs #not late like i send them out as soon as payments get processed for that month the design was for #but ideally id be making them ahead of time enough that people could sign up or sign off if theyre interested or not...#but I just dont wanna make a design that feels procedural... I CAN but I wanna make things that are creative and worth paying for!#so. I often will spend multiple days mulling over ideas for that months designs. so I'm not very ahead at all haha #anyways. yeah these are for october and then I've also gotta draw a halloween themed drawing for this year in general that will be the prin #i lov halloween #anyways.#patreon #merch #my bf didnt get it the gravestone box. its like a nerds box shaped like a gravestone...#and the nerds are. ghosts... its good. its good okay you agree

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fated-normal-767 · 2 months ago

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on the bus experiencing moral dilemmas

#the ticket machine wasn't working so my payment didn't go through and the driver told me to go sit down and check with my bank account #If the transfers actually went through #And then come sort it out later if they hadn't #And they've not gone through but this bus is too busy and I can't get back up #Without losing my seat for an hour #And I've got an awful leg injury so I can't really . Do that.#But. I need to sort out my ticket #I probably couldn't stanf up and get to the front if I tried my best #But he doesn't stop long enough to sort it out any other time #And I don't want to bother him but I don't want to not pay and I also don't want to fuck up my leg.#I have a plan but I'm going to feel really bad about it while I wait for the bus to get more empty so I can get up and pay #(guy who only recently realised he might just have moral OCD)#I'm kind of an awful person for not being able to do something. Should I kill myself yes/no?

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excelsior9173 · 3 months ago

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need to convince myself that i do not need anymore tattoos or piercings before december

i really need to start donating plasma again- it’s a good thing to do but i’m totally doing it for selfish reasons.

not only can i make a bit of extra money by doing nothing, but donating plasma encourages me to actually look after my body- you have to keep your iron and protein counts up and need to be well hydrated before donations. i was at my healthiest when i was donating. it also guaranteed me a few hours a week that were just for me. i could nap, listen to music, study, read, whatever i wanted for those few hours. i feel like it sounds insane that i looked forward to having a machine take my blood and separate it then give it back sans plasma just for a bit of “me time” but i genuinely did. even when i had a vasovagal response to the process i never regretted it. it was quiet time just for me, genuinely relaxing lol

#ramble on exie #it’s kind of sad that my life is at a point where i need to literally sell parts of myself for some peace and quiet #but that’s where we are #i try not to think of it like that because it’s sad lol. i focus on how much good plasma does in healthcare #plus the extra cash is useful. if i feel well enough to donate twice a week then that covers one car payment #i really do miss the ritual of it all. the sign in; the finger test to check your protein; getting set up at the machine;#squeezing the stress ball; watching my blood filter through the machine and the plasma separate out (it’s actually really cool lol)#idk i know i can read and stuff at home but somehow being in the clinic takes the stress away.#when i’m home i feel like i should be cleaning or doing laundry or other endless chores #but the clinic i’m just there to donate and relax. plus they give me juice boxes

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newtness532 · 6 months ago

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when will they give us our ac controllers back? i get that like a week ago we were wearing sweaters again but now you're sweating even if youre just sitting

#i was hoping they'd give it to me when i went to give them the rent but he didn't #idk if they expect us to ask for it back #last year they had put up a paper saying that we can go collect them (and i never did cause i felt too weird asking for it lol)#but this year im gonna be here all summer and i wont survive the heat #and if i wait until the next rent payment ill have to wait until the end of june #also unrelated but i want to do laundry but someone else has left their clothes in the machine and i was like #you know what I'll just remove their clothse and put mine but then i went downstairs and was too nervous about doing it so i did not do it #and now i dont remember if i put their basket back where it was 😬#maybe I'll wait half an hour and if the clothes are still there I'll do it cause then they will have left them for at least an hour #jo says stuff #personal ramblings

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sunflowerrboyy · 7 months ago

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hope the next person enjoys their free soda bc the stupid vending machine card reader broke :(

#it cuts off after one payment so the next person will be lucky >:(#boooo i just wanted a mountain dew to keep me up so i can work on shit #and the next nearest place that has one is a vending machine on campus but im not wandering over there at 3 in the morning 👎#irl

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drjohnweston · 1 year ago

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A teeny tiny cottage that would be absolutely perfect for my needs has just come up for sale in a row of cottages I've been fawning over. But it's £50,000 over the maximum I could afford right now based on using all my life savings as a desposit and what the bank might be willing to offer me on a mortgage, and I looked at what it would cost per month on the mortgage calculator anyway and it would leave me with very, very, little left to live on with the current interest rate. And it just sucks spectacularly that as a single person, I will pretty much never be able to move out 🙃

#and rent is even worse than the mortgage payments #i don't want to share with other random people either you know #i just want somewhere for me my sewing machine and maybe possibly a pet in the future #sorry i just needed somewhere to have a little rant

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merchantservices444 · 10 months ago

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Nurit Credit Card Processing Terminals: A Comprehensive Overview

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salsflore · 1 year ago

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IM SO EXHAUSTEDD that project took me 4 hours and like 1 more just for me to navigate this incredibly large mall ++ look for mcd ..

#i was waiting in line at the mcd machine place and there was this group of guys that took ages so i downloaded the app #it didnt accept my card.#luckily i had another method of payment #otw home now...#it was kinda fun!! :DD #💭

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sic-semper-hominibus · 1 year ago

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i imagine "voting with your dollar" would probably work a lot better in a society that uses ammunition as currency

#simply put your money in the payment processing machine‚ point it at the guy you wanna vote against‚ and push the button

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tonyglowheart · 2 years ago

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I now own a car I guess!

I guess since it's raining they won't wash and wax the car huh lmao...

#personal #god this took forever and also ended up costing like $3k more than expected however about ~$800 can be cancelled if I pay off early #and I think the 2k extended warranty will probably be worth it bc of how screen-dependent the car is #hopefully nothing comes back badly lmao like I have a co-signed lease on my credit report so they gave me a bit of shit for that #but I don't make payments on that loan. but it does show up as debt on my account #anyway! I signed so many docs lmao and didn't have time to read and process all of them...#on the other hand maybe this helps my credit bc it'd be another successfully paid off account #I don't fckn know credit is fake and a scam honestly #it's raining lmao f #however. the car is p cool and I quite like it actually #this went thru lunch time I'm so hungry lmao #and lowkey thirsty bc I've been wearing my mask the whole time #sorry dudes! covid is real and still here #I may avail myself to their hot cocoa machine tho

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trashbaget · 2 years ago

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why do i have to have a laborious job in order to pay for my own existence

#I HATE FUCKING EVERYTHING #I HATE CAPITALISM #I HATE MONEY #I HATE MINIMUM WAGE #I HATE SLOW PAYMENT #i had to do my laundry in the bathtub last night and i was too dead tired to wring it out well #so most of my stuff didnt even dry and i didnt have time to toss my box fan in the bathroom too #because i was late for work already and now my clothes are probably getting musty #and i dont have money for the stupid laundry machines #because i pay hundreds of fucking dollars in rent a month #and my stupud ass motherfucking apartment only wants more money from me #and i just #i cant fucking taje any of this #i am not awake enough to be in public #the people are driving me insane #and the intrusive thoughts are bountiful in the absence of caffeine #i am having a terrible terrible time today and i just want to go the motherfuck home #and never have to work again #shut up im holding the trashtalking breadstick #having a really shit day yall #if u see this send me something positive in my ask box pls 🥺🥺🥺🥺#i could use the encouragement

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deus-ex-mona · 1 year ago

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aka i’m still reeling from my trip and it ✨s h o w s✨

#mmmmade this so that i can recall certain unphotographed moments from my trip pls stand by~~~~~#also!!!! the buses are so cute and small and cramped during peak hours lmao.#though you have to tell the bus captain your destination before paying your fare…#which is. really different from how we do it here in [insert home country]#we just tap our transport cards when you both board and alight the buses; no bus captain communication necessary!!!#anyways. i just. wish someone told me that the automated fare machines gave change during cash payments #uauauauauauauauaaaaaa g o o g l e w h y d i d y o u f a i l m e #it is suiyoubi my dudes

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fingertipsmp3 · 2 years ago

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Man, today was absolutely mental. I don’t think I’ve ever come so close to losing it with a customer

#‘which customer’ you ask. well first there was rude ice cream man #he came in… i want to say before noon? i think it was before we became absolutely inundated #and he was MAD rude for what #he was buying like 4 ice creams so he def had kids with him and was a frustrated father or uncle or grandpa or hired babysitter or whatever #but DUUUUUUDE. there’s no need to give me the blank ☹️ face and ignore all of my questions and exchange zero pleasantries #then there was the lady whose phone died and she couldn’t pay and she was so nice but why. why #like of course i can’t just let you have this stuff. it could be theft. my manager put her stuff in a fridge and then she came back for it #later and i had to go find it and it was so much #she was so nice though i hope she’s well #THEN there was the motherfucker who was buying… i can’t remember what but his total was £5.35 #and i remember this because he was trying to insist on paying for it with exactly three (3) £1 (£1) coins. like sir. that doesn’t work.#that’s not enough. i Could Not get it through his head that i couldn’t take cash unless he gave me at least £2.35 more #eventually i managed to get a contactless card payment out of him and he grumbled about how he was going to have to carry these three pound #coins around with him (ohhhh my god what a hardship 🙄) and about how money was leaving his bank account #like idk how to tell you this but we serve overpriced food here sir. if £5.35 leaving your bank account is a big problem for you you picked #the wrong place to come. also like. you could’ve just. spent only £3 lmao. you had two items #the retail section def sells stuff that’s £3… you didn’t have to do this. like at all. and i’d be happier if you hadn’t #THEN my coworker decided to let two fucking customers in after we closed and they both wanted machine coffees and they took SO long #the one guy had admittedly been queuing just before we closed but the woman just rocked up solidly five minutes too late and was like ‘i’ve #come so far :( it’s been such a long journey :( i just need any coffee :(‘#i REALLY wanted to say ‘fuck your journey and fuck your coffee. plan better’ but instead i had to make an americano #i don’t think i even tried to hide how mad i was #like hiiiii i know you don’t care but this is my life. this is taking time away from me being able to clean down for the closing shift #which is going to take time out of my life because i’m only paid until five #i know you don’t care that i’ll have to do unpaid work but like. here’s your fucking coffee. lol #there was also this other guy and i can’t remember what he did or said but i remember i was passive-aggressively sugary sweet with him #because it was the only way i could let my annoyance out. i love being sarcastically nice in this job because they can’t call you on it #or they look crazy #in summary i had a fucking day. thanks for asking #personal

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bzedan · 2 years ago

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I am so grateful I can sew and that the $100 sewing machine I got with a surprise money influx twenty years ago is still happily doing its job or my favourite pants wouldn’t be my favourite pants because they’d be too long and have only decorative belt loops.

#pants are a hell even if you are not an awkward short size #I got a lump sum after college freshman year when my parents divorce that was maybe some back child payments #anyway I bought a sewing machine and had a spree at Hot Topic and yes I was 19 #I also bought a photo enlarger that was missing a bulb and paid some of the rent for living in the dorm over the summer #I have seen so much with this early online Walmart ordered thing

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