For example, a retailer that sells a product to a customer. The customer uses a payment card for the purchase, the merchant`s service provider transfers the money from the customer to the merchant`s. It can normally take up to 48 hours for these assets to be credited to the merchant`s bank account. Some service provider sellers offer cash advance services to transfer money faster. In the case of mPOS systems, mobile pin input devices (PEDs) are typically connected to a mobile phone via Bluetooth, and then use Wi-Fi or mobile phone data to connect to banks. This system does not require a distributor account, although companies that offer this type of service continue to have a relationship with an acquirer. The cost of payments made through mPOS is significantly higher, making them more suitable for businesses that do not spend many card transactions. Typically, the device is also purchased from the mPOS system provider. Commercial services are a broad category of financial services for use by businesses. In its most specific use, it generally applies to reseller processing services that allow a company to accept a transactional payment via a secure (encrypted) chain with the credit card or debit card or NFC/RFID compatible device. In general, the term may include: merchant service providers work as intermediaries between the bank, a person or organization that wishes to receive money and the person or organization wishing to purchase goods or services. The distributor provides businesses and individuals with the requirements for accepting credit cards, debit cards and other electronic payment methods for the transaction. Merchant service providers generally require the merchant to have an account with the provider, either directly or through a referral partner, such as banks or B2B service companies. All UK banks, with the exception of Barclays/Barclaycard, offer merchant services by sending customers to a service provider. While merchant agreements generally apply to sellers of goods or services, they can also be addressed to foundations and non-profit organizations.