POS Electronic Data Capture Terminal

Pointof Sale or Point of Service (PoS) is a term commonly used with relation to the hardware and software used for checking out the process at any business. PoS is used not only in the retail industry, it has vast applicability in all the fields of business. For example, you make a purchase in the supermarket; you finalize everything and make your way to the checkout counter. Here, your purchased commodities are packed, bill is generated and payment is made by you. This process is referred as the point of sale. With the growing business and digitalization, these checkout counters have been replaced by the PoS terminal machines. Avery important part of this terminal that makes the process completes is Electronic Data Capture system, commonly referred to as EDC.

Electronic Data Capture is to make use of the point of sale terminal for the processing of credit/debit cards by capturing the details of the card holder. Electronic data capture will dodge any kind of fraud that can possibly occur while credit card is processed on an ecommerce website. It is also used as GUI (graphical user interface) element for the data entry. The ecommerce system provides better security and is capable of gaining the overall trust of their users, and help them in maintaining their extensive customer base.

EDC verifies whether the credit card number exists or not. It also gives information of it being legal or not or that the credit hasn’t crossed its limit. When credit card validations are complete, they are then transferred to the providers of merchant accounts.

It is important for an ecommerce site to have Electronic Data Capture as it is very helpful in making customers feel safe and secure while using their credit cards or providing their personal banking details for online shopping. It also ensures that all ecommerce site charges are validated with the primary electronic data capture system. Due to all the increasing digital scams and frauds taking place every day, webmasters will want to stay clear of any kind of online fraud for sure and therefore they use the EDC systems.