The purchasing process has changed a lot over the past ten years.
87% of shoppers research their products online before purchasing them in store.
71% of shoppers use their smartphones in stores.
Online sales reached $517 billion in 2018 , a 15% increase from 2017.
While online commerce has certainly outpaced the growth of retail, physical stores remain highly valued by consumers and are their primary shopping destination.
POS systems (also known as point of sale systems) have made it possible qatar number for whatsapp for everyone, from savvy entrepreneurs to craftsmen wishing to make a living from their passion, to open and grow a retail store. So here we answer the essential questions you probably have about cloud cash registers (POS).
What is a cash register system?
What is a cloud cash register?
What hardware is needed to set up a cash register on the cloud?
What is a purchase or transaction on a cash register system?
What are the main features of a cloud cash register?
1. What is a POS system?
The abbreviation “POS” ( point of sale ) refers to any location where a transaction can take place, whether for products or services.
For retailers, this is usually the area around the cash register where customers make a payment in exchange for products or services. But if you use an iPad POS system, your entire store effectively becomes a point of sale (more on that in a bit).
The POS system combines the software and hardware you use to run your business. It's the tool that lets you analyze and order your inventory and manage your employees, customers, and sales.
Previously, POS systems were on-premises, meaning they used an on-site server and could only operate in a specific area of your store. That’s why the desktop computer, cash register, receipt printer, barcode scanner, and payment processing system were all located on your counter and couldn’t be moved (at least not easily).
The early 2000s saw the birth of a major technological innovation: the cloud. The advent of cloud-based data storage and computing enabled a new milestone in the evolution of POS system technologies: mobility.
2. What is a cloud cash register?
With cloud servers, retailers were able to start accessing their POS system from any internet-enabled device, be it a laptop, desktop, tablet or smartphone, to connect to their merchant portal.
A mobile POS system allows the retailer to manage their entire business at any time and from any device.
Democratizing exceptional customer experiences
Mobile POS systems have delivered tremendous results for retailers. The ability to run the business, serve customers, and process transactions from anywhere has reduced checkout lines and enabled faster customer service. The exceptional customer experience that was previously only available at large retailers like Apple is now available to everyone.
Did you know that 80% of retailers who started using iPad cash registers increased their sales?
Mobile checkout systems have also enabled countless new sales opportunities, such as opening pop-up stores or selling at trade shows and festivals.
Benefits of Cloud Cash Registers
Mobile Cash and Payments
Centralized inventory management
Real-time access to sales reports