Something You Need to Know About Fiscalization and Electronic Fiscal Device

Jul.05,2021Reads:

Nowadays, governments enforce laws to require all tax payers to use an approved fiscal POS or electronic fiscal device in a bid to curb tax dodging and ensure every transaction and tax collection legality and transparency.

What is fiscalization

What is fiscalization?

Fiscalization is fiscal law designed to avoid retailer fraud. It will use the electronic fiscal device to record the transactions for Value Added Tax (VAT). As the fiscal module is encrypted into the electronic fiscal device, thus tax information once recorded cannot be altered.

What should consider when implementing fiscalization?

Before you decide to address fiscalization or choose an appropriate fiscal POS or electronic fiscal device, there are series of factors that should be taken into consideration. As different countries have different policy demands, the following aspects can be a reference.

Payment methods – There are different payment methods and fiscalization demands vary across payment options. That means you need to consider which payment methods you plan to take, cash, credit or other payment types.

Industry – Fiscalization also varies across different industries, so if you engage at various industries, then you may need to follow different rules.

Unified commerce – There is undoubted that online and offline management is a trend, but its trading model might also subject to different regulations even you install a connected system.


Benefit of installing Electronic Fiscal Device

What is Electronic Fiscal Device (EFD)?

Electronic Fiscal Device (EFD) means a machine designed for use in business for efficient management controls in areas of sales analysis and stock control system and which conforms to the requirements specified by the laws. The EFDs will be connected to a central server to monitor real-time transactions and store sales data, which is conducive to collecting the actual amount of VAT and curbing evasion.

Benefit of installing Electronic Fiscal Device

lEliminate harassment, reduce the cost of business and increase revenue collection.

lEvery transaction that would take place at the stores will be done through verification with the server at the revenue board.

lEnable businesses keep proper accounts of their sales and inventory of goods.

lEnsure transaction transparency, customer will clearly understand whether the VAT he or she has paid is deposited to the state coffer.

Telpo Electronic Fiscal Device Family

In order to help business quickly find out the electronic fiscal device they require, Telpo developed electronic fiscal device family that support fiscal module and printer function.

Consumers can quickly receive the receipt or invoice after they purchase their commodity and they will be able to confirm the deposit of the tax by scanning the receipt. And then, they can register his invoice number on the revenue board online system, making the approval code and QR code printed on the invoice eligible for the lottery.

Telpo Electronic Fiscal Device Family

Mobile Cash Register TPS 320

l5-inch display, Qualcomm Quad-core CPU, Android 7 version + 2GB DDR+16 eMMC

lMaximum 4SIM cards, support multi-operator countries.

l40mm printer supports web printing, label printing, ECS\POS printing

lMultiple payments include swiping NFC/IC card and QR-code payment

l5000mAH large battery supports longer battery life

lSupport tax control module

Mobile Cash Register TPS 320

Android EFD Machine TPS900

l5.5-inch screen+ Android version+ Qualcomm chip enable high-duty development

lMultiple payment, face payment, fingerprint payment, QR Code payment and NFC/ IC payment.

lRich financial certificates include EMV, PCI, Paywave, Paypass, MIR, Rupay, TQM, CE, FCC, RoHS, BIS, Anatel, etc.

lBiometrics include face/ fingerprint/ iris recognition

lFiscal registration module, OTG, UHF, TPUI and physical keyboard are available.


Fiscal Registration POS Telpo TPS900


Smart EFD Telpo M8

lDual display, 8-inch capacitive touch screen and 3.27-inch customer screen

lBuilt-in barcode scanner and NFC reader camera, and it supports SoftPOS

lQuad-core 2.0 GHz processor and Android 12 OS, it delivers a 200% improvement in performance

lBoasts a 50% improvement in printing speed, with a maximum speed of 110mm/s.

lOffers tamper-proof technology, including lead seal screws, external RTC circuit, encrypted data transmission, and secure boot, ensuring data security.

Smart EFD Telpo M8

EFD Cash Register 570

l7-inch IPS capacitive multi-touch screen, along with great visual angle (178°)

l7.4V 2500mAh / 5000mAh battery ensure longer battery life

lFully compatible with universal contactless cards, good for the loyalty program

l58mm width thermal high-speed printer with high-quality printing

lSupport tax control module

EFD Cash Register


Electronic Fiscal Device TPS575

l7-inch industrial-grade touch screen + dot matrix digital screen

lFixed focus QR code scanner, supporting multiple code segment

lFully compatible with universal contactless cards and thermal printer

lSupports 2G/3G/4G frequency, WIFI, Bluetooth, Ethernet

lSupport tax control module

Electronic Fiscal Device

Tag: fiscalization, electronic fiscal device, fiscal POS, EFD cash register, EFD machine, fiscal registration POS, EFD

Brief Introduction: Founded in 1999, Telpo is a worldwide first-rate smart terminal and solution provider. It mainly provides EFT-POS, cash registers, biometric devices, facial recognition machines, self-service kiosks, and bus validators. Telpo has served more than 1000 customers abroad, including government, banks, Telecom operators, police stations, Retail shops, and offices. Telpo adheres to R&D and innovation, aiming to provide more intelligent hardware for global partners.

Related Products: TPS320, M8, TPS900, TPS570