How businesses can accept payments today: LiqPay, acquiring and cash register

LiqPay celebrates 18 years. During this time, the usual “payment” has transformed from cash at the checkout into a dozen payment methods that the customer chooses themselves: card, smartphone, QR code, link in a messenger, or installment plan. For the owner of a store, café, or service business, this means a simple thing — the more payment methods you accept, the fewer customers leave without buying. We break down how this works today and how it integrates with the checkout and fiscal registrar.

Why there are so many payment methods

The LiqPay service appeared in 2008 and grew into one of the country's largest payment services: according to the company, it is used by more than 25 000 merchants, and payments are accepted in 120+ countries. Along with the market, buyer behavior has also changed: the phone replaced the wallet, and the expectation “can I pay by card?” has become the norm even in a small retail outlet.

Payment acceptance methods

Card and contactless

The basic scenario: a bank terminal at the checkout, payment by card or smartphone via Apple Pay or Google Pay. For the customer — a few seconds, for the cashier — no calculating change.

QR code

The client scans the code and pays from their app. Convenient where there is no space for a terminal: takeaway outlets, delivery, off-site sales, services.

Payment link

An invoice is sent to a messenger or email — the client pays anywhere. A good option for subscriptions, phone orders, and working with remote clients.

Payment on the website

A payment widget, ready-made modules for CMS and website builders, or API integration if a non-standard scenario is needed. The same account serves both the website and the mobile app.

In installments and on credit

Installment payments noticeably increase the average order value on expensive items — equipment, technology, automation kits.

How much it costs

LiqPay's public rate is 1,3% for transactions with Ukrainian cards and 2% for foreign cards; individual terms are available for large volumes. An account can be opened with any Ukrainian bank, and payouts, reporting, and invoices are available in the personal account and mobile app.

Payment is not yet accounting

Accepting money and recording it correctly are different tasks. A terminal or payment link shows that payment has been made, but the receipt must be issued by a fiscal registrar or fiscal printer, and the sale must enter inventory accounting. If these links are not connected, the cashier enters the amount twice, and at the end of the day discrepancies arise between revenue, fiscal reports, and stock balances.

• Terminal and checkout — the amount to be paid must be transferred from the POS software, not entered manually.
• Receipt — the fiscal receipt is generated by a fiscal registrar or fiscal printer with the correct payment form (cash / card).
• Accounting — the sale writes off the item and goes into BAS/1С without manual transfer.
• Reconciliation — at the end of the shift, revenue at the checkout, bank transactions, and the fiscal Z-report must match.

Common mistakes

1. Manual entry of the amount into the terminal — the main cause of errors by a few cents and refunds.
2. One payment method “because it's simpler” — some customers leave without buying.
3. Card payment punched on the receipt as cash — problems during reconciliation and inspections.
4. Online payments on the website that are not reflected anywhere in inventory accounting.

What we do

At SIRIUS, we connect the bank terminal to the POS software, set up fiscal registrars and fiscal printers, link sales with BAS accounting and online payments on the website with the product catalog. As a result, the customer pays however is convenient for them, and your receipt, revenue, and stock balances match. Contact us for a consultation — we will select a solution for your retail format.