2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
The development of monetary relations has become a prerequisite for the emergence of bank cards. They were intended to simplify the procedure for cashing out funds. With the development of technological progress, acquiring appeared. This banking service has turned the card into an everyday tool.
Backstory
"Acquiring" (in translation from English. "acquisition") is a system for accepting cards to pay for services. Its importance can be compared with the advent of mobile phones. Initially, acquiring was primitive. Cashiers used an "imprinter" through which a "cast" with details was taken from the card. The device did not establish a connection with the bank, and the cashier had to call the financial institution to confirm the availability of funds in the client's account. The modern electronic terminal appeared much later.
Essence
To take advantage of all the benefits of the service, you need to conclude an agreement with the acquiring bank and connect the terminal at the point of sale. An acquiring bank is a credit institution that settles accounts withcard-based businesses and/or disbursing funds to cardholders who are not registered as customers of the bank. At the same time, an organization can simultaneously issue cards and issue acquiring terminals.
Types of acquiring:
- Trading - presented in restaurants, shops, hotels, etc.
- Internet - buying goods on the World Wide Web.
- ATM - these are terminals and ATMs where you can withdraw cash from your account.
The terminal provides transfer of payments to the company's account via the Internet or a telephone line. It is not necessary to buy it yourself. Firstly, each bank has its own model range of devices, and secondly, not a single credit institution will undertake to provide technical support for a “foreign” device. To carry out transactions, you need not only acquiring terminals, but also a cash register connected to the payment system.
Merchant acquiring
The process of paying for goods through the eyes of the buyer can be described as follows:
- client passes plastic to cashier;
- the cashier conducts the transaction through the acquiring terminal with pre-authorization and asks the client to enter a PIN;
- connection is being established, that is, the required amount is deducted from the holder's account to pay the check.
At the same time, an enterprise that uses a payment terminal must:
- place devices within their premises;
- accept cards to pay for services;
- pay bank service fees.
Bank, in yourturn, must:
- provide equipment;
- train company employees to work with terminals;
- check the account balance at the time of the transaction;
- reimburse the organization for the amount paid;
- submit expenditure documents;
- provide full technical support.
Internet acquiring
This scheme is similar to the previous one, but there is no direct contact between the seller and the buyer. The whole process is carried out through web-interfaces. The customer selects a product on the seller's website and clicks on the "Buy" button. Next, a special form opens in which you need to enter the details of the payment card. This is the so-called processing company. To confirm the purchase, many banks request one-time passwords, which are sent as an SMS message to the cardholder. Confirming the payment, the client sends a request to the bank to transfer a certain amount of funds to the account of the online store.
Mobile acquiring
Not so long ago, mPOS-terminals appeared on the market, through which mobile acquiring is carried out. They are a card reader connected to a smartphone. An application is installed on the device, with the help of which the acquiring terminal is controlled and work with payment systems. Such devices have a number of advantages in comparison with traditional devices:
- they are mobile;
- have round-the-clock access to the account;
- mobile acquiring terminals arecheaper than usual;
- cashless payments with their help are safe, etc.
Mobile terminals are also convenient because they allow you to pay for taxi services in the car and pizza delivery at home.
Sequence of operations
The operation of payment through terminals looks like this:
- The cashier swipes the card through the terminal.
- Information about the payer is transmitted to the processing center.
- The system checks the account balance.
- If there is a sufficient amount, funds are transferred between accounts.
- The terminal issues 2 copies of the check. One remains with the cashier, and the second is given to the buyer.
- The acquirer transfers the funds to the seller minus commissions.
Acquiring in Russia
In Russia, this system is still under development. The total number of cards issued in the country exceeded the population. Although the coverage ratio in the US and European countries exceeds 2-4 times.
Against the backdrop of growing financial culture among the population, the card is perceived as a convenient means of payment and access to resources, but acquiring in the Russian Federation is slower than planned. Even 15 years ago, the ratio of cash and non-cash payments was 97% and 3%. Today the numbers look different: 85% and 15%. However, 70% of transactions involve withdrawals from the account.
You can purchase and connect a payment terminal through any bank in the country. You need to focus only on the reputation and experience of a credit institution. For example, PJSC "BINBANK"provides its customers with the BIN-Go service. By choosing one of the four terminals, the client receives an acquiring service with the ability to accept cards from four payment systems. Mandatory conditions are the payment of a commission at the level of 1.8% and the transfer of funds to the client's account within two days. You can use the service as early as seven days after submitting the application.
On other conditions, an acquiring terminal of Sberbank is provided. The size of the commission depends on the monthly amount of revenue that passes through the cards, and can range from 0.5% to 2.2%. For the maintenance of acquiring terminals, you need to pay 2 thousand rubles a month.
Connecting an acquiring terminal: 1C "Retail"
For settlements in 1C, the document "Acquiring transaction" is used. You must first activate this function in the "Administration" tab, "Finance" item, by checking the "Payment by cards" checkbox. You can create an "Acquiring transaction" in the "Finance" tab or on the basis of "Sales of goods", "Customer's order".
In the window that opens, some of the details are pulled from the main document. For example, "Contractor", "Amount" and "Product name". Additionally, you need to specify "Terminal", "Type", "Card number". Information is pulled from the "Acquiring Agreement" on the "Finance" tab. If this document is missing, then it must be created by specifying in the form:
- acquirer name (with contract type "Other Relations");
- acquirer counterparty;
- account;
- card number.
Additionally, you will have to create the acquiring terminal itself in the program.
After filling in the data, you need to return to the original document and carry out the "Acquiring operation".
Bank report
After receiving an account statement in the program, you need to post the document “Bank Acquiring Report”. It is created in the paragraph of the same name on the "Finance" tab. The first step is to specify a specific agreement with the bank. Then "Selection" pull up "Payment receipt". In the payments window that opens, select a specific acquiring operation and click the "Transfer to document" button. All information will be displayed in the tabular section of the report.
Information about bank services is filled in on the "Acquiring commission" tab: cost item, analytical accounts, amount. The final stage is the creation of a "Current Account Statement" based on the "Report". With this document in 1C, the proceeds from the sale minus the commission are credited to the cash account.
UT 11
The acquiring terminal in this version of the 1C program is connected differently. Specifically:
- the agreement with the bank lists all payment systems for which the agreement is valid;
- to conduct transactions with impersonal clients, the document "Checks of KMM" is used;
- At the end of the day, a “Shift Closing” is held and a “Sales Report” is generated automatically.
In the "Receipt" on the first tab, information about the product is indicated, on the second - about the payment card, on the third - check data and the name of the cashier.
Memo on usagemachine
When making a payment through the terminal, a number of problems may occur: network failure, cancellation of the operation, insufficient funds in the account. Let's consider in more detail how to use the device correctly and cancel operations.
In case of successful completion of the operation, the terminal prints out a check, which indicates: card number, authorization and transaction code, payment amount and slip. The latter is a text with the parameters of the processing center. If information about the payment confirmation has not been received, the transaction should be canceled abnormally using the "Cancel operation" command.
When a shift is closed, a “Reconciliation of results” is performed on the terminal. At the same time, a report is generated on the transactions carried out during the shift in their monetary terms.
"Cancellation of payment" can be done during the shift and before the removal of the results. In this case, the transaction number (RRN) and the check number are transmitted to the terminal. After that, the amount paid is returned to the buyer's account. If the report has already been removed, then it is necessary to execute the "Refund of payment" command, indicating the amount, card number, operation and receipt. In the first case, the funds will immediately go to the buyer's account, and in the second - after the transaction is confirmed by the bank.
Benefits
Today, many organizations use acquiring terminals to make payments. This technology is convenient to use, eliminates the risk of receiving counterfeit money, saves money on collection. Not to mention the fact that participants in such programs receive special banking products in the form of preferentialprograms, discounts on services and free staff training. In turn, the client pays for purchases in a way convenient for him.
Traditionally, cards are preferred by we althier segments of the population. According to statistics, making payments through the terminal leads to an increase in sales by 20-30%. The owners of "plastic wallets" part with their money faster. The average amount of a check paid through the terminal is 30% more than usual. The presence of an additional payment method makes the company more reliable and attractive in the eyes of the client. Acquiring also increases the number of potential buyers.
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