Dealer Collection System
Virtual POSs are mostly used by e-commerce companies, but in companies that have a dealer network, they collect their collections via virtual POSs too.
Vendors can make payments directly to the main franchise via credit card. However, the payment of the products sold in the shops can be done directly with the credit card of the parent company through the virtual position. Thus, both vendors have removed the cost of establishing a virtual POS infrastructure and the cash flow is entering the scheme.
With the Payfull dealer collection system, you can start getting payments quickly and effectively from your dealers, if at all. Moreover, you will not have to spend a separate workload to account for your transactions as integrated into your accounting and ERP programs.