To get a virtual POS you need a registered business and a live website whose legal pages are complete. You then apply to a bank or a licensed payment institution, submit company documents, wait for the provider to review your site and business, sign the merchant agreement and integrate using the credentials provided.
- Prepare tax registration, authorised signatory documents and a company bank account.
- Make sure the site has real products, a distance sales agreement, return policy, privacy notice, contact details and SSL.
- Compare commission structure, settlement time, instalments and support.
- Read hold, settlement and chargeback clauses before signing.
- Test success, failure, cancel and refund scenarios before going live.
Applications are often rejected because the site is unfinished, legal pages are missing or the declared activity does not match the products. Requirements change between providers, so confirm them with the institution and your accountant. Racoun delivers online stores with these pages and structures ready and handles the POS integration.
Talk to Racoun: we are based in Istanbul and work with brands across Türkiye. Message us on WhatsApp or email ekip@racoun.com.
