How to Configure Payment Method & Payment Terminal in Odoo 16 PoS | Odoo 16 Functional Tutorial

A payment method is a way for customers to pay for goods or services. It can take various forms, such as cash, credit/debit cards, digital wallets (like Apple Pay or Google Pay), bank transfers, checks, and more.
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Video Chapters
00:00 - Introduction
01:00 - What payment method and payment terminal
01:21 - Create payment method and configure payment terminal

Payment methods have evolved over time with advancements in technology, and the shift towards digital and contactless payments has become more prominent in recent years. #odoo16

A payment terminal, also known as a point-of-sale (POS) terminal, is a device used by businesses to process payments from customers. It's the physical hardware that allows customers to use their chosen payment methods to complete transactions. #odoofunctionalvideos

Payment terminals can be found in various settings, including retail stores, restaurants, online shops, and more. They play a crucial role in securely transmitting payment information and authorizing transactions.

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