In principle: Both of them pass the transaction data to the bank, the acquiring bank, and the UnionPay host server UnionPay as the transaction data processing center. The transaction data and funds are cleared, the settlement order is issued to the acquiring bank, and the card is finally completed. Collection operation; Contrast in appearance: Traditional POS has a larger form factor, with a physical keyboard, two mobile and fixed machines, with hot paper, which can print signature tickets. The mobile phone card reader is very compact, the audio version is connected to the mobile phone headphone jack, the Bluetooth version is connected to the mobile phone via Bluetooth, and the card is operated by the APP, and the card is swiped on the card reader; Functional comparison: The main function of traditional POS is reflected in the collection. The application scenario is used by the merchants who are operating in the entity when collecting money. The application scenario of the mobile phone card reader is paid by the individual. In addition to the collection function, more convenient functions are available. , for example, water and electricity coal, recharge of credit, credit card repayment, transfer remittance, train ticket, etc.; Comparison of handling methods and access conditions: The difference between hand brush and traditional big pos machine is to apply to banks and third-party payment companies, and e-commerce platform can also be purchased. Regular traditional POS machines require three certificates from the provider: business license, legal person ID card, and bank account license; more than 95% of the mobile phone card readers only need the user to provide ID card and bank card real name review, which can be opened for use. More convenient; from the safety factor comparison: From the transaction principle, as long as it is a regular machine, both are safe. The traditional POS machine adopts one machine, one household, three merchants into the network, physical keyboard, printed small ticket, etc., which is more standardized; the card reader adopts The one-machine-one-code, real-name authentication method reduces the risk in the transaction by limiting the amount of a single amount, thereby achieving the goal of convenient payment. Whether it is safe or not depends on the flow of funds. After the card is swiped, the funds settled by the bank are UnionPay, banks, and payment institutions. The funds of such machines are only cleared once, and the funds are settled by the formal institutions. The flow is clear and safe, and vice versa. The difference between hand brush and traditional big pos machine From the perspective of future development: With the improvement of consumption level and the growth of per capita credit card, the next ten years will be the period of mobile payment gold explosion. All kinds of payment products and payment companies are ready to go, and enhance the competitiveness of products to seize the foundation. user. Payment is no longer a traditional credit card transaction. More is no card, mobile phone, even fingerprint, face scanning, sound wave. These are payment media. The traditional payment method is gradually replaced by a new payment tool. The card reader is a semi-mobile payment. The product is an evolutionary product of traditional POS. A3 White Pocket Envelope,A3 Skyline Pocket Envelope,Skyline A3 Pocket Envelope,A3 Open End Envelope Sun Kee Envelopes Limited , https://www.sunkeeenvelope.com