The best POS systems(opens in new tab) for business use are robustly built, customizable to your company’s requirements and sale ready with powerful tools that enable your business to quickly process transactions from multiple payment sources.
Modern business point of sale, or POS, systems are known for helping upsell goods and services, and can even help automate or administer tasks such as restocking, accounts, tax/tip calculation, employee monitoring, customer loyalty management plus much more with user-friendly ease for efficiency.
The very best of point sale software offers real-time customer data insight, digital marketing management and third-party software integration as an added business bonus.
✔ Help you ring up sales
✔ Manage inventory reports
✔ Make every working day for your customer service team more productive
The top POS systems for business transactions will undoubtedly help to streamline your day-to-day business operations and incentivize repeat sales. When used wisely, they can also be key in building sustainable business growth.
To help you choose the right POS system for your business, we’ve created this in-depth guide which explains all the benefits and features of POS systems, as well as reviewing and comparing all of the most popular point of sale providers.
In today’s digital world, your customers have a wide variety of options when it comes to purchasing goods and services: contactless cards, Apple Pay and Google Pay via cell phone, third-party online payment providers, and even digital currencies like Bitcoin.
What’s more, people like using digital payment options. A recent study by Mastercard(opens in new tab) found that 50% of consumers globally prefer these new kinds of payments over cash. With greater flexibility in your point of sale system you can speed up transactions and improve customer satisfaction.
Therefore, it makes sense that any modern business should offer the payment options its customers wants to use. No one wants to cancel a sale because a customer has to run to an ATM to withdrawal cash. Chances are, they’re not coming back.
These new digital payment-processing technologies can also be leveraged by businesses to better understand customer spending habits, manage inventories of all sizes, and offer practical services like on-floor payment processing and price checking.
A modern POS system ties all this together and can do wonders for your front-end and back-end operations. But which is the right one for your business? Let’s start by answering some of the most frequently-asked questions about POS and ePOS systems.