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iVend Terminal POS - Subscription

Description
License Information

iVend Terminal POS is installed on the traditional POS terminals seen in stores. The application works on a touch screen interface and/or using a keyboard and a mouse.

iVend Terminal POS is a key customer touch point and the execution point for the retail configuration defined for the store where it is installed. This configuration includes pricing, discounts, promotions, tender types, layaways, returns, etc. iVend Terminal POS’ intuitive user interface can be operated utilizing a touch screen and/or keyboard and mouse or a combination of all three-interface methods.

iVend Terminal POS in the Annual Subscription mode can be licensed in the Annual Subscription mode with 2(two) payment options – annual payment or monthly payment.

In both the options the Software Assurance licenses are included.

In subscription licensing, the subscription period is annual while the payment cycle can be monthly or annual, paid in advance. For example – if a Terminal POS is licensed in January and the retailer wants to forego the licenses in June, he will be charged till December, after which the licenses will automatically expire. The partner (on behalf of the customer) will cancel the subscription. In such a case, the partner's card will be charged for the remainder of the year. The product licenses will continue to work till the end of the year.

In this mode of licensing, the credit card of the partner will be charged depending whether the payment mode is annual or monthly.

In the monthly payment mode, the Credit Card will not be ‘blocked’ for the annual amount.

Starting iVend 6.4 R2, iVend Terminal & Mobile POS licenses can be used interchangeably.