Process payment transactions within a vehicle parts environment
URN: IMIVPO08
Business Sectors (Suites): Vehicle Parts Operations
Developed by: IMI
Approved on:
30 Mar 2023
Overview
This standard is about the calculation of the cost of parts and processing both cash and other forms of payment, including credit and debit card payments, account payments and credit transfers. You are expected to be able to use the relevant point of sale equipment and be aware of and able to deal with, instances of potential fraud.
For this standard parts may be new, refurbished or recycled.
Performance criteria
You must be able to:
P1 accurately identify the price of items
P2 promptly resolve any problems in pricing parts by using the sources of information at your disposal
P3 correctly calculate the total price of the transaction
P4 clearly and accurately inform customers of the amount due
P5 confirm the cash amount given by your customer and the change you give them, if relevant
P6 securely verify the identity of account holders following your organisation's procedures prior to debiting their account
P7 gain authorisation for accepting non-cash payments and processing account debits when the value of the order exceeds the limit you are able to authorise
P8 politely inform the customer when authorisation for payment cannot be obtained for non-cash transactions
P9 clearly and accurately complete and process all documentation required
P10 store payments securely and protect them from theft
P11 ensure you are courteous to customers at all times
P12 balance the need to give attention to individual customers whilst ensuring that others are not left without attention
Knowledge and Understanding
You need to know and understand:
*Legislative and organisational requirements and procedures *
K1 current relevant legislation, regulations, codes of practice and guidelines relating to processing payment transactions
K2 how to identify and check prices in your own parts operation
K3 how to get information and advice to deal with pricing problems
K4 how to identify current discounts and special offers (e.g. campaigns and promotions)
K5 how to keep cash, other payments and customer data safe and secure
K6 how to check for and identify counterfeit payments
K7 how to check for stolen credit cards, charge cards or debit cards
K8 how to balance giving the correct amount of attention to individual customers whilst maintaining a responsibility towards other customers in busy trading periods
K9 how to deal with customers when authorisation cannot be obtained for their non-cash payments
K10 common methods of calculating payments, including the use of point of sale equipment and manual calculations
K11 acceptable methods of payment and the payment process, including customer credit checks, in line with legal requirements
K12 your organisation's systems and procedures for:
K12.1 authorising non-cashK12.2 verifying account holders and booking purchases to customer accountsK12.3 calculating and taking paymentsK12.4 dealing with suspected fraudK12.5 completing and processing documentationK13 the value and importance of customer service to effective trading operationsK14 the limits of your authority for processing paymentsK15 the types of transaction errors that can occur and the consequences of failure to report errors
Scope/range
Scope Performance
Scope Knowledge
Values
Behaviours
Skills
Glossary
*
This section contains examples and explanations of some of the terms used but does not form part of the standard.*
PartsThese are motor vehicle parts (new, refurbished or recycled), any accessories and consumables
Sources of information
- Parts lists and other relevant parts information stored on manual or computerised parts information systems, including parts identification systems, parts location systems, parts ordering systems.
- Customer feedback, staff comments, records and reports, your own observations
Links To Other NOS
External Links
Version Number
1
Indicative Review Date
30 Mar 2026
Validity
Current
Status
Original
Originating Organisation
IMI
Original URN
VP08
Relevant Occupations
Vehicle Parts Operative, Vehicle Parts Assistant, Vehicle Parts Advisor
SOC Code
7115
Keywords
Vehicle; parts; process; payment; transactions;