What is a POS terminal? 

The POS terminal is an electronic device, which allows for an electronic transfer of funds from a bank account, or from a credit limit of the buyer (the cardholder) linked to a card, to an account of the seller (merchant) via reading of the data recorded on the bank card. 

• Often the client does not dispose with cash at the moment of the purchase. Most of your clients, however, dispose with a bank card, which they carry along all the time. The POS terminal affords another way of payment and, thus, it will boost your sales.    
• By using the card, the client has the possibility to shop using the entire disposable amount in the bank account, related to it and even his/her future receivables in case of an approved credit limit or an overdraft facility. It is established that the purchases by bank cards are higher in amount than those in cash.
• Apart from the client, the payment via a bank card is also more convenient to the merchant – the physical counting and giving back change is eliminated. There is also enhanced security of the payment – the danger of paying with counterfeit banknotes is avoided.   
• Accepting payments via bank cards will improve your accounting – the servicing bank will provide regular, monthly (if necessary, weekly or daily as well) statements of the executed transactions.
• You will save precious time and efforts from the physical handling, transportation and depositing of the cash turnover at the bank – the money goes directly to the bank account of the merchant!  
• Last, but not least, accepting payments via bank cards will make you a part of an ever increasing global community and it will give you an image of a merchant of significance, open-mindedness and responsiveness to the contemporary trends. 

• In order to accept payments via bank cards, the merchant needs to sign an agreement with a licensed processing bank. Banks serve as intermediaries in the payment process between the client and the merchant. This is the case since the electronic transfer of funds between the buyer’s and the merchant’s accounts requires an authorization, clearing, settlement and accounting, while the issuance and acceptance of card payments is subject to licensing rights. 

• UBB has the most extensive experience in the field of card payments on the Bulgarian market  
• We are able to offer you an overall solution tailored to your business.
• UBB offers competitive fees and commissions for the implementation of card payments!

• A complimentary POS terminal (via a cable connection through the telephone network or via a wireless/GSM connection) and/or an Imprinter.
• Complimentary training
• Complimentary technical maintenance
• Complimentary commercial materials
• Complimentary consultations
• An option for performing checks of the turnover (specialized or standardized via the electronic banking of UBB)
• Monitoring for fraudulent transactions and protection in case of chargebacks, etc.

• Visa, VisaElectron and V PAY
• MasterCard, Maestro and MasterCardElectronic
• As well as the local cards with the logo of BORICA.

• You can do it at any branch of the bank! 
• Our employees will explain the procedure to you.