POS Solutions At-a-Glance Guide
Because they are familiar, simple to use and generally low cost, most small businesses relied on older, dedicated electronic cash registers. But now the situation is changing.
More and more businesses are recognizing that the checkout is a critical “touchpoint”—a location where the opportunity exists not simply to complete a transaction, but also to enhance the customer relationship and streamline the business.
That’s why more and more businesses are upgrading to intelligent, connected, versatile POS solutions that provide a full range of sales and payment processing capabilities—and much more. Increasingly, these POS systems are being implemented on tablets, smartphones, and other mobile devices, making it possible to access information and process transactions anywhere.
How Today’s POS & mPOS Systems Are Being Used
POS systems have evolved from simply recording transactions, holding cash, and generating receipts. They now support a wide range of capabilities for increasing revenues, controlling expenses, and deepening customer engagement:
• Providing ways to promote products that are traditionally sold together, but that a customer may have overlooked.
• Capturing customer loyalty data on the spot, supporting discounts, and personal service.
• Integrating directly with purchasing and inventory systems to simplify reorders and identify shortages and overstocks.
Read the full POS Solutions At-a-Glance Guide.