Point of Banking Systems
What are Point of Banking Systems?
Point of Banking systems are designed to work with your customer's bank and ATM/credit cards, giving them access to their cash and allowing them to spend more inside your store. Point of Banking machines are similar to standard credit card processing machines. The difference is the terminal is loaded with a custom software program so it only runs PIN based transactions with a small convenience fee that the cardholder pays. This fee serves to pay for the processing costs incurred.
Point of Banking Terminals run PIN based transactions (cardholder must use their PIN number) for dollar amounts in increments of $5 or $10. The amounts available are pre-set by the merchant so you can control the amount of cash that is kept at your register.
You can earn revenue with each transaction and there’s no cost to you for the equipment.
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Simple to Use
You slide your customer's Bank/ATM card through the terminal and then your customer enters their PIN Number. You run the transaction for the next $5 or $10 increment amount above the amount of the customer's transaction.
What are the benefits of a Point of Banking System?
- Low start up fee
- Small monthly fee
- Lower operating costs
- Earn money on each transaction
- Does not require a change from current bank
- Guaranteed bank transfers
- No maintenance is necessary
- Free employee training available
- Eliminates the liability of a cash machine
- Signage for maximum exposure
- Cashless system is safe and secure
Who is using Point of Banking Systems?
- Fast Food Restaurants
- Convenient Stores
- Gas Stations
- Bingo Halls
- Liquor stores
- Movie Theaters
- Bowling Centers
- Night Clubs or Bars
- Tourist Areas
- Hotels & Motels
- Drive Thru Beverage stores
The remote pin pad feature is ideal for drive-thru or other applications with hard to reach customers. It allows your customers to feel safe and secure about their transaction.
Our Point of Banking Systems enable merchants to expand their bottom line! More than 71% of U.S. Households currently use ATM cards. Over 80 million consumers cannot qualify for a credit card.
This is a convenience for YOU and your customers. Point of Banking Systems provide a fast and easy method of getting cash without going to a bank.
Host-to-Host POB Systems
Our host-to-host POB system is ideal for large retailers and corporations with multiple locations. Integrating this Point of Banking system into your existing platform is easy if you are using standard host-to-host transaction specifications. Minimal training makes these new transactions easy to introduce at retail locations. If host-to-host connectivity is not available, new POB terminals can be placed at each retail location.
If your retail locations currently communicate with a central host computer before connecting externally for authorization, then support for a new POB transaction within your existing transaction base can be cost-effectively developed. You can continue to manage your own security key zones, your own infrastructure and your own sphere of transaction processing.
Communication between your central location and Merchant Payment Services would be via a single secure VPN connection, using your existing infrastructure.
How Our Host-to-Host POB System Works:
| Point of Banking Systems |
