To track a POS transaction done on your account, use a POS system to eliminate the time-consuming manual task of logging transactions. The software solutions automatically track and store transaction data in their databases. Payment data collection allows retailers to maintain compliance, audit business performance, and more.
So, if you have a POS transaction on your account, you can request the transaction details from the relevant store. If the store is using an advanced POS system, such as Billdoo POS terminal, search filters can be used to quickly retrieve transaction data. Billdoo enables retailers to sort data using advanced search filters and keywords to find specific information.
If you’re in the market for a POS, I highly recommend the feature-rich, secure, dependable, and cloud-based Billdoo software. It is the best POS software for everyone.
With today’s cloud features, POS systems are relatively simple to use for both merchants and consumers. Buying and selling goods and services has never been simpler, whether you’re in a park, an eatery, a restaurant, a boutique, a gym, a consultation appointment, or even your local corner store.
Despite all of the progress made on this front, we continue to encounter problems.
They remain vulnerable to fraud, theft, and payment disputes. Other issues include reclaiming a guarantee on products or services purchased, as well as debits without alerts due to network issues between the terminal and the acquiring server.
Anyone would have a good reason to keep track of the location, POS owner’s name, time of transactions, and items purchased as a result of these.
So, how do you approach this?
The systematic Steps for tracking POS transactions are:
Step 1: Go to your bank or call customer service.
Step 2: Explain the situation’s context.
Step 3: Provide evidence (of payment or charge).
Step 4: Debit details were tracked.
Step 5: The bank contacts the merchant.
In addition, the hardware and infrastructure must meet the minimum EMV requirements.
Fraud is easily curtailed or traced. It also serves as a productivity check.
It is critical for merchants to understand that they will be held liable for card fraud (transactions) caused by their negligence or collaboration with fraudsters, among other things.
As a result, it is critical that both the hardware and software undergo routine checks for flaws or irregularities.