Uploaded on Aug 23, 2021
Mobile Point of sales systems is becoming increasingly popular among several businesses owing to their convenient and efficient payment transaction processes. Several analysts predict that the mpos system will be the cornerstone of nearly 25% of all transactions by 2023. https://issuu.com/riyaa-k-shah/docs/5_steps_on_how_to_choose_the_right_mobile_pos_syst
5 Steps On How To Choose The Right Mobile POS System.
5 Steps On How To Choose The Right Mobile
POS System. ETP-Group
This presentation lists out five essential steps that will
help business owners choose the right mobile POS
system. The steps are more of a checklist that will help
you select a mpos suitable for your business.
Step 1: Does The Mobile POS have the correct features for your business?
It is the features that set Mobile pos systems apart from traditional
solutions. However, business owners must remember that not all mpos
systems have the same functions and features.
Finding the right fit for your business involves carefully investigating every
potential solution’s features and choosing the one that offers the best
solutions for your business. Knowing what you want from a Mobile POS is
highly critical. Therefore, make a list of the features you would like your
mpos to have. It will help you select the best mpos system that perfectly
aligns with your business.
Step 2:Can It Easily Support Multiple Registers?
Growing businesses require an mpos supporting multiple registers in the same
store across various store locations and branches. For example, if you have ten
registers, you must ensure that your chosen solution can seamlessly handle
multiple tabs at once.
Similarly, For stores with multiple locations, connectivity between stores is
imperative. A mpos must allow you to check the performance of a single store or
conveniently look across all or a section of multiple store branches. It helps you
receive an overall picture of sales data.
Robust mpos systems even let you check the inventory across various store
locations. This helps you manage your stock efficiently.
Step 3: Does It Offer Cross-Platform Support?
Choose a mpos solution supporting various devices, including smartphones
(android and IOS), tablet devices, and laptop computers. This gives
businesses more flexibility when assisting customers.
Step 4:Does It Support Multiple Payment OPtions?
Modern credit cards are equipped with EMV Chips, which means that quickly
tapping the card reader or inserting the chip under its pin pad quickly
replaces the traditional method of card swipes. Although the magnetic strips
still exist, it is always better to look for mpos systems supporting contactless
chip cards.
The systems must also support mobile payments, including mobile wallets
and debit cards, and cash.
Step 5: CRM Support
Data can transform businesses, and reliable mpos systems can track every
customer visiting the business and saving their information that helps
companies to know:
a.If they are new or existing customers
b.The total number of items they purchase
c.The total gross product is valued. How often the purchase items
And more.
The data helps businesses understand the customers’ buying and purchasing
habits to build customer loyalty programs and even up-sell cross-sell items that
might interest the customers.
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