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Advantages of POS

1. facilitate consumer shopping and spending settlement, convenient, can stimulate impulse buying and purchases, increasing business revenues, according to the statistics, merchant Mobile POS machine sales grew by more than 40%.
2. reduce business liquidation of cash, deposited with the banks and other sectors, increasing the velocity of money.
3. avoid counterfeit currency and cash management security risks.
4. speed up transaction processing, accelerate business use of funds.
5. increase the amount of commercial tenants in the Bank's cash flow, good for future use when processing of loans.
6. to attract 3 billion UnionPay cards consumers credit card holders in particular consumer groups.
7. promoting quality and image to help businesses establish advantages in the fierce market competition.

Jan 20, 2017