Is POS business risky?

Bookwormlux

Valued Contributor
POS business is one in which you help people to avoid the stress of going to Bank to deposit and withdraw money, you use their cards to carry out transactions on their behalf while they pay you a commission after successful transaction.
This business is a profitable one, especially if you are located in a place where there is no bank, you find it easy getting customers because of the unavailability of bank in the current location.
Despite the potentials of this business, I still see it as a very risky one and would be a threat to your life, especially if you live in a country where there is security issue. You tend to become a target of robbers, because they would believe you always have money so they would want to attack you and get the money.
What do you think?
 

Mishi

New member
Hacker detection is a crucial component of keeping your POS system and customers’ credit card information secure. Make sure to purchase a POS system that includes hacker detection. One breach of personal data is all it takes to ruin a business. Don’t let some greedy hacker destroy the company you’ve built because you opted for a cheaper system that did not offer hacker detection and security measures.
 
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