Disadvantages of acquiring

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1. Money arrives to the company's account with a slight delay

Typically, money arrives to a business's bank account within 1-3 business days. The terms are set by the acquiring bank or payment aggregator. Until the funds received from the sale of goods or services are credited to the company's account, it will not be able to use them.

However, if the buyer makes a payment using a QR code, the money arrives to the company’s account via the SBP almost immediately.

2. Downtime due to technical problems

To work offline, a stationary and mobile terminal needs benin whatsapp phone number the Internet. Without a connection, you will not be able to accept payments through these devices. In addition, POS terminals do not work without electricity. In some cases, they may break down.

The online store may also experience technical failures due to network problems. In this case, payments will not be able to go through.

3. Costs associated with the purchase of additional equipment

When connecting acquiring, offline businesses incur additional costs, since they need to buy a cash register, a fiscal storage device, and a POS terminal or smart terminal. In addition, they will have to pay for the delivery of the equipment and its connection.

The cost of a cash register now starts from 7,000 rubles, a fiscal storage device starts from 10,000 rubles, a POS terminal starts from 8,000 rubles, and a smart terminal starts from 14,500 rubles.

A bank or acquiring company can provide them free of charge, provided that the established trade turnover indicators are met. If the business does not meet them, it will pay the amount specified in the contract. If the choice is made in favor of renting a terminal, the cheapest will be from 990 rubles per month.