What is a virtual POS?
A virtual POS (Point of Sale) is the online version of a traditional payment terminal, commonly known as a card reader. It is a payment tool that allows ecommerce businesses to process payments online and in real time.
It plays a key role in the proper functioning of an online store. With it, customers can securely enter their card details to complete purchases instantly from any online shop.
This brings numerous financial and operational benefits to businesses. Any company that wants to sell online needs a secure online payment platform that guarantees safe transactions.
Five key aspects to consider before choosing a virtual POS for ecommerce
Choosing a payment provider that offers a complete solution can be challenging. Many companies offer these services, and the criteria to consider can vary widely. Below are the essential features that any virtual POS should include for your business:
Alternative payment methods
One of the main aspects to consider when choosing a virtual POS is whether it offers a wide range of payment methods to adapt your business to your target audience.
At PaynoPain, you can choose among many payment options such as Bizum, PayPal, Click to Pay, Buy Now Pay Later solutions, or even local payment methods like MB Way and Multibanco for the Portuguese market.
Easy integration
It’s important that your chosen payment provider can be easily integrated into your online shop so you can start receiving payments as soon as possible.
Regulatory compliance and top-level security
To ensure secure transactions, it is crucial to have PCI-DSS certification and comply with PSD2, the European payments regulation.
Customer service and technical support
Providing strong technical support throughout the entire experience is essential. Offering fast, personalised assistance adapted to each customer’s needs—regardless of their business type—makes a big difference.
User experience
Usability is key, especially when it comes to online payments. Users must clearly understand how the payment works and what steps they need to follow to complete the transaction, all while remaining within the merchant’s branded environment.
Virtual POS for ecommerce
If you want to explore more aspects to consider when choosing a virtual POS, here’s a blog article that can help:
How to choose the best payment gateway or virtual POS for your ecommerce.
