Best Pos System For Small Retail Business
The speed at which point of sale (POS) software is evolving is significant. With the launch of mobile payment particularly Android Pay and Apple Pay both in 2015, it is expected that because of its greater convenience coupled with good security features, this would eventually eclipse other types of payment services – including the use of payment terminals. At the completion of a sale, a receipt is created for the customer and sales information is collected for the generation of reports at a later time.
Point of Sale System (POS) also known as Point of Purchase (POP) channels the transaction processed through retailers outlets while a product is purchased by a customer. Dexter, for example, parses memory dumps of specific POS software related processes looking for Track 1 and Track 2 data. The software helps you quickly ring up sales, track inventory, manage employees, access data, generate reports and more.
If you have both PINs and exchanges enabled on your POS, but no Sales Associate linked to the PIN performing the refund or exchange, the refund or exchange will be attributed to the PIN that did the original transaction. In the modern market, cloud-based POS software is gaining in popularity as iPads and other mobile devices make payment acceptance more versatile and less reliant upon large, expensive hardware.
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