Receber Pagamentos por TPA ou Smartphone: qual escolher?

Taking payments from your customers has never been easier than it is today. Whether it's TPA or Smartphone payments, card payments or digital walletsYou can receive transactions from shoppers in your business quickly, conveniently and, above all, securely.

Modern payments for companies

With the advent of contactlesspayment method that, according to the REDUNIQ Insightscontributed to 63% of the turnover of Portuguese businesses in 2023, and of the digital wallets which allow consumers to "carry" all the money they need on their smartphone, nothing will ever be the same again.

Faced with this veritable revolution, companies have had to revamp their range of payment methods in order to remain competitive and to earn the trust of a new type of customer who favours brands that offer them a better service. buying journey customisable and in line with your consumption habits.

To make this possible, companies like REDUNIQ acted with foresight and foresight by offering innovative payment solutions for businesssuch as REDUNIQ Smart TPA, an Android POS system that allows consumers to pay for their purchases with a bank card by Contactless, PIN, MB WAY, Google Pay e Apple Pay.

The advantages of the REDUNIQ Smart TPA don't stop there, as this terminal is prepared to receive mobile applications for business management and speeding up the customer's buying journey.

For example, with the Parcela Já com UNICRE installed on REDUNIQ Smart, the customer can pay for your purchases in instalments between 2 and 6 interest-free instalments without the retailer having to wait weeks or months to receive their money.

The TPA as we can see, are going through a major technological revolution. But we couldn't close this chapter on modern payments for companies without talking about new solutions that dispense with the physical terminal and turn a smartphone in a terminal or POS.

What is a TPA and how does it work?

On the way to celebrating its 80th anniversary, we can say that the TPA has lived many lives.

From the sheet of chemical paper that marked the first generations of terminals in history to new POS solutions with NFC technology (Near Field Communication) that allow retailers receive contactless paymentsThere have been many revolutions in payment technology.

But there is one mission that has never been forgotten: to make transactions simpler and safer.

Today, we can define the Automatic Payment Terminal as a device that accepts domestic and foreign bank cards and digital wallets to make electronic payments.

When a card or smartphone approaches the POS to make a payment, this device collects the information contained in these items and authorises, or not, the operation and collection of transaction items.

In addition, the terminal allows the customer to authenticate the payment by typing in the PIN or printing proof of transaction slips.

In terms of operation, simplicity is the basis of everything, since when paying for a product or service, all the customer has to do is hold up their card, or insert it followed by scanning their PIN, to complete the payment.

In those short seconds between swiping the card and authorising the payment:

The information is transmitted by the acquirer (customer) to the card issuer, asking for authorisation to complete the transaction;
Once the authorisation has been given, the buyer pays the trader and "charges" him the service fee;
The acquirer is then reimbursed by the card issuer and pays the multilateral interchange fee;
The card issuer charges the cardholder for the transaction.

Smartphone payments: a practical and innovative alternative

Turning a smartphone into a TPA may sound like something out of a science fiction film, but the truth is that technological advances over the last couple of years have completely changed the paradigm of mobile payments for companies.

One of the most perfect examples of this change goes by the name of REDUNIQ Soft, an NFC payment solution that allows your business to accept smartphone payments quickly and easily via an App.

Once this innovative way of receiving payments via contactless, NFC or QR Code has been contracted, the REDUNIQ Soft mobile application will be installed on the company's smartphone or tablet, turning it into a real system. POS.

This way, regardless of whether your customer decides to pay by card with Contactless or MB WAY, Google Pay, Apple Pay (QR Code, mobile phone number or NFC), they will immediately receive the amount they are owed anywhere and at any time of the day.

How to accept payments via the REDUNIQ Soft App

Receive payments through REDUNIQ Soft App it's simple and quick, or take a look:

Let's imagine that a customer has made a purchase in your shop. At that point, all you have to do is

Step 1: Enter the amount to be paid by the customer in the application;

Step 2: Select the desired payment method - QR Code & NFC, Mobile phone number or Contactless;

Step 3: Once the payment has been made, the money goes straight into your bank account and you can then authenticate and issue the payment receipt, which you can then email to your customer.

The advantages of this system are many and varied for your business:

It now accepts simplified smartphone payments via NFC, QR Code, mobile phone number or Contactless securely, without the need for a physical POS;
Business becomes more mobile and digital, as it can accept payments anywhere, anytime;
It allows you to access the application on your smartphone or tablet;
A more digital and sustainable service, as there is no need to print tickets;
No monthly fee;
It allows you to make remote returns and personalise your customer profiles;
It offers you a management back office.

POS or Smartphone payments: how do you choose the right solution for your business?

If you're wondering how to choose payment methods for your company, you should bear in mind that the decision will depend on a number of factors:

Invoice size

The level of invoicing your business carries out on a daily basis will help you understand whether you should opt for POS or smartphone payments.

For example, if you have a seasonal business or a low level of bank card turnover, the ideal is to equip your shop with a TPA REDUNIQ EasyA payment terminal with a monthly fee based on the turnover of your business.

This payment solution with no minimum revenue, commissions, loyalty period or annual fee will allow you to accept credit and debit card payments (Visa, Mastercard and UnionPay brands) via PIN, Contactless and MB WAY.

If your turnover is higher and you receive a large volume of transactions, the ideal option would be to opt for a REDUNIQ Smart TPA or by applying REDUNIQ Soft.