Frequently Asked Questions
Q.Is POS necessary to market Prepaid Phone Cards?
A.It's not necessary, but it is a better way to market phone cards. Better because POS benefits all of those involved from the Agent, to the retailer, to the consumer.
Q.Why would established Phone Card retailers want to switch to POS Cards?
A.Primarily to simplify transactions and accelerate payments. POS processing eliminates paying up front for inventory; eliminates employee theft because the cards have no value until swiped; avoids stocking cards of different denominations therefore saving valuable counter space; cards can be activated different amounts ($5 or more) the customer wishes to pay. Most importantly, this can all be accomplished instantly through a retailer's existing POS machine.
Q.What advantages does the Agent enjoy by marketing POS Cards instead of cash-and-carry Phone Cards?
A.POS eliminates the hassles of advance payment for inventory and consignment pay-outs. There are no need for repeat visits necessary to replenish inventory, no collections to make, and no remittances to the providing carrier. All of this is done electronically. Finally, there is no waiting for monthly commission statements to see how your account or accounts are performing. With POS, you can track everything daily -- even hourly.
Q.Do you need a dedicated phone line to operate the POS system.
A.In almost every case the POS device can be piggy backed on an existing phone line. The average transaction only take proximately 10-15 seconds.
Q.How aggressive are Premiers Rates?
A.VERY aggressive. Among the lowest you'll find anywhere.
Q.How can I track the card activities at my location?
A.All sales can be view both on the Verifone and in real time on the Internet.