BBVA makes it easy for businesses in Spain to manage their business through a new generation of POS terminals | Mallorcan Economy

BBVA wants to help businesses in their daily life through innovative collection solutions. Businesses, BBVA customers, can have a new generation of physical Point of Sale Terminals (POS) that enable them to offer an agile and simple shopping experience.

The power to combine Android Point of Sale Terminal applications that BBVA’s business customers deem essential for their business, mean taking another step in terms of digitally comprehensive business management.

In addition, with this solution, the collection options are extended beyond the card. Thus, merchants can conveniently, and on one device, not only accept traditional payment methods but also other alternatives such as requires QR code capture thanks to the camera installed in this new terminal.

This type of code reader will allow, among other things, to accept Alipay and WechatPay -a widely used payment platform in China- based on this technology, which improves the experience of overseas customers.

This terminal also allows customers from outside the European region to choose to pay in your own currency for purchases made with VISA or Mastercard, pay for operations in euros to the merchant, as in a normal transaction.

Another application that BBVA provides for businesses that have this new device is the ‘app’, which is free of charge, allowing them to manage VAT (Tax Free) returns automatically and in a 100% digital process to non-resident customers in the European Union.

The Android terminal itself automatically identifies that the card it is using is eligible for a VAT refund, digitally captures all customer passport information via the device’s camera and automatically triggers the entire VAT refund process. In addition, businesses will be able to consult all Tax Free sales at any time and access reports.

This BBVA Android POS function helps businesses increase their sales, especially those located in areas with a high flow of non-European tourists, including tourists from the UK.

Android POS operation is very intuitive and similar to mobile. On the main screen, the business will show the applications that have been added for business management and the option to ‘fill’. Businesses will also be able to make purchase returns, as well as view operating history in a very simple way

Soon, BBVA businesses with Android POS will also be able to incorporate new applications that facilitate day-to-day remote sales and business management.

Roderick Gilbert

"Entrepreneur. Internet fanatic. Certified zombie scholar. Friendly troublemaker. Bacon expert."

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