NeelPro System Pvt. Ltd.

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 With the growing business and digitalization, these checkout counters have been replaced by the PoS terminal machines.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 c...

Payment transaction by the transfer of information between a payment portal (such as a website, mobile phone or interactive voice response service) and the front end processor or acquiring bank is facilitated with the Payment Interface using a Smartphone. Payment Interfaces allows a customer to pay directly from a bank account to different merchants, both online and offline, without the hassle of typing credit card details, IFSC code, or net banking/wallet passwords. For instance, your local shopkeeper can send a request to pull funds for the purchases you have made after sending a request on your unique virtual address. You can confirm the payment by saying OK and the payment will be carried out instantly after being validated at the back end by the bank. And you can receive cash through this system in the same way. Neel Pro System provides point of sale terminal services for bank’s core banking and other transactions systems to connect with all the services delivery ...

Merchant services are economic services provided by the finance industry serving as an umbrella to various businesses as managing of money, credit and debit cards companies, unions etc. It only refers to the deals with transaction of money through card payments via a secured and encrypted channel.  Merchant Services includes the following:            Credit and debit cards payment processing: It uses the customer’s debit/credit card for the payment of services via a secured encrypted network channel.           Check guarantee and check conversion services:  It ensures the receiving of funds and getting the check converted into electronic form for direct deposition into the specified account. It reduces the man power required in the processing of any check payment.           Automated Clearing House check drafting and payment services: It facilitates interbank high volume electro...

Point of Sale or POS is used to refer the hardware and software programming enabling the payment services between customer and the bank. POS in broad language simply refers to the time taken between the swiping of smart card on the POS machine to the payment of money to the bank. This whole process is known as point of sale. It includes all of the things required for maintaining the business exchange. The pre-dominant user of Point of Sale services is the retail industry. Neel Pro System covers almost every area related to the field of e-commerce and business management. It is an IT solutions company that also provides cost effective, secured and flexible retail POS solutions to its international and domestic clients. Our company provides the best point of sale software that supports multi and dynamic currency. This software provides the best point of sale solutions with their multilingual nature, secure transaction process and minimized PCI DSS scope for merchants....

Payments can be made with a single wave at the PoS terminal. Contactless Payment uses Near Field Communication (NFC). Contact payment systems can be any smart cards, key fobs, debit cards, credit cards. These contactless payment cards are embedded with a chip and antenna that allows them to wave at the point of Sale terminal to verify the data and hence make the payment. NEAR FIELD COMMUNICATION (NFC) Near Field Communication is the technology that enables two electronic devices generally two portable devices or smartphones by bringing them within 4 cm (1.6 in) of each other. NFC is also used for social networking, for sharing contacts, photos, videos or files. Many smartphones have this technology inbuilt in them. NFC-enabled devices can act as electronic identity documents and keycards. NFC offers a low-speed connection with simple setup that can be used to bootstrap more capable wireless connection. NFC is originated from RFID that facilitates power supply and communicat...