POS system stands for ‘point of sale’ system and is basically just the term used for whichever set-up you have in place for taking face-to-face transactions. It isn’t a specific machine or an isolated process, it’s the byproduct of a number of elements that, together, let you take payments in-person.
The way your POS system looks and functions will vary depending on a few things, like:
And it’s safe to say, POS’ have evolved an awful lot over the years. Back in the day, they were a simple cash register and the system wouldn’t automatically know how much a product cost, the cashier would have to manually enter the price.
Fast forward to today though and they’re a whole other species. Here are some of the most common types:
With a cloud-based POS, all your transactions and sales data are stored online instead of on your computer or on-site server, and this means you can access the information from anywhere - whether you’re in your shop or on holiday in the Bahamas.
Better yet, the frontend bit of the system (i.e. the part you take the payment from) can be used on any internet-enabled device, like tablets, smartphones and touchscreen monitors, which could help cut costs. How? Because if you’ve already got any of these you might not need to invest in new equipment.
Most cloud-based EPOS’ (cough, cough, ours!) make the day-to-day management of your business easier too, by letting you:
Sold? Skip to take a look at our EPOS systems.
The last key detail worth noting is that you must be connected to the internet for your EPOS to work, although some providers do offer limited offline functionality to minimise disruption in the event of any online issues.
If you’ve not got a reliable internet connection and you’d rather have all your data stored on-site, a locally hosted POS is probably more up your street. There are a few cons to this one though:
It’s not all doom and gloom though. They do come with a fair bit of functional flexibility and can be tailored to suit various levels of complexity.
As the name suggests, this one’s a combination of both cloud-based and locally hosted POS’. It gives you the peace of mind of knowing your business will run smoothly with or without an internet connection, with the added benefit of having all your data at your fingertips - from anywhere in the world, at any time of the day.
Here are a few questions to help you decide:
If the answer’s yes you’ll probably need an EPOS till system (which comes with a cash drawer), if it’s no or you already have a cash drawer then you’ll be able to get away with a mobile EPOS.
Both our mobile and till EPOS systems require access to the internet, but a locally hosted or hybrid POS could be up your alley if internet’s off the cards.
Ability to see stock levels? Customer data? Staff performance? Sales dashboards? Take your pick, all that and more comes as standard with our solutions. After all, knowledge is power, right?
Whether you’re in your staff room, on the toilet, at home or on holiday, your data’s only ever a click away with either our mobile or till options.
Choose an EPOS through takepayments and get:
Sound like what you’re after? Give us a call on 08082 393254.