An mPOS ( mobile point of sale) is a smartphone, tablet or dedicated wireless device that performs the functions of a cash register or electronic point of sale terminal (POSint-of-sale terminal). mPOS or mobile point of sale is the ability for a customer transaction to be carried by a portable mobile device instead of by a traditional checkout register. Fixed point of sales devices could be seen in restaurants and almost all the retail stores. POS is usually referred to the stage when money is given in exchange for goods. Now transactions are often made by credit and debit cards, and the modern day POS consists of a computer linked with a card swipe machine. Whereas an mPOS, a handheld portable device, does the same function but with the advantage of several such devices remotely working for the same system.
Prepaid cards have become more and more popular over the past few years, not least because they offer an alternative to a more traditional debit card or credit card. On the one hand, prepaid cards are very similar to debit/credit cards, insofar that they allow you to make purchases online, in-store and at ATMs. Prepaid card is a physical card and have a unique no. Use the Prepaid Card for all of the things you pay for with cash. Whether you want to shop, pay bills or manage your spending more effectively, prepaid cards will give you a simple, effective and easier way to use and manage your money. we recharge this card like the sim card, DTH card metro card and use this amount in online shopping, in the shops, on the petrol pumps etc. Ayvids one of the best company which provide the prepaid card API. Using this API you can use all the prepaid card services.