How to put your own terminal for payment

Making payments using terminals is a common thing for a modern person. For some, this payment method saves valuable time, while for others it allows you to earn money. Accepting payments through the terminal is a rather profitable business with a relatively small investment.

Documentation Required

Before you install a payment terminal, you need to take care of the legal component of this type of activity. To get started, get a certificate of state registration of a business entity. Then you need to register with the tax office and appoint a leader, assuring this process with a special protocol of the general meeting. In addition, before starting work on installing the terminal, you must obtain a power of attorney for actions related to the placement of such equipment. Also do not forget to make notarized copies of all documents.

Purchase and placement of payment terminals

According to approximate expert estimates, the installation of one payment terminal costs around 60-80 thousand rubles. After purchasing the equipment, it is necessary to conclude an agreement with the owner of one of the payment systems. Then the entrepreneur installs a terminal on the leased or his territory, and the profitability of the business depends on this step. When choosing a site, it is worth considering the proximity of competitors' terminals, traffic, but do not forget that renting even 1 square meter in a crowded shopping center is quite expensive. You can also try to install several terminals in different places and make a conclusion about the most profitable site. Then, when all issues with the placement of equipment are resolved, the owner of the terminal must determine the percentage charged as a commission for payments.