Glossary entry (derived from question below)
Italian term or phrase:
anticipo transato POS
English translation:
advance on POS transaction receipts
Added to glossary by
Vincenzo Di Maso
Feb 14, 2020 12:28
4 yrs ago
26 viewers *
Italian term
anticipo transato POS
Italian to English
Law/Patents
Law (general)
Anticipo transato POS fisico e POS virtuale
La linea di credito per ottenere fino al 70% dei tuoi incassi POS
Ottieni in anticipo gli incassi futuri del POS. Al crescere dei tuoi incassi puoi chiedere l’aumento della linea di credito
Desideri avere maggiore liquidità grazie all’anticipazione degli incassi di vendite future?
Anticipo transato POS è il servizio che ti consente di avere un credito, con tasso agevolato, commisurato agli incassi effettuati tramite il terminale POS.
La linea di credito per ottenere fino al 70% dei tuoi incassi POS
Ottieni in anticipo gli incassi futuri del POS. Al crescere dei tuoi incassi puoi chiedere l’aumento della linea di credito
Desideri avere maggiore liquidità grazie all’anticipazione degli incassi di vendite future?
Anticipo transato POS è il servizio che ti consente di avere un credito, con tasso agevolato, commisurato agli incassi effettuati tramite il terminale POS.
Proposed translations
(English)
5 | advance on POS transaction receipts | James (Jim) Davis |
3 +1 | POS flow credit | Cedric Randolph |
4 | credit based on past payments by cards | Vittorio Preite |
Proposed translations
3 days 18 hrs
Selected
advance on POS transaction receipts
You could say it in different ways. Italian banks are now offering loans to shopkeepers, where the repayments are taken from the payments they receive on their POS. The loans are often in the form of authorised overdrafts, which makes them "advances" as in "loans and advances". The whole process can often be completed automatically online.
4 KudoZ points awarded for this answer.
Comment: "thanks, Jim!"
+1
1 hr
POS flow credit
Many banks offer this see first website below and many others. in website 2 below MPS calls it with another name. This is where I drew my translation
Reference:
https://www.mps.it/small-business/finanziamenti-cassa-o-a-breve-termine/anticipo-flussi-pos.html
Peer comment(s):
agree |
philgoddard
: I can't find this concept on any English-language website. It's a form of factoring, and I guess it doesn't really matter what you call it.
16 mins
|
16 hrs
credit based on past payments by cards
POS a common Italian acronym used to indicate all payments by cards, hence recorded. Here the (future) credit line shall be based card payments. Point Of Sale POS.
Peer comment(s):
neutral |
James (Jim) Davis
: Vittorio a "POS transaction" is commonly used with the aame meaning in English too https://www.investopedia.com/terms/p/point-of-sale.asp
3 days 2 hrs
|
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