It seems that most retail stores are using a mobile POS system. There are many options for retail POS in Singapore, but it can make it hard to find the best one for your business. A mobile POS system does not need to be an add-on to a POS system. Here are some areas that you should not be compromise on.
1. Customer Convenience
Many customers have adopted a mobile-centric mentality, so they want to pay anywhere and at any time and this is possible with self service kiosk that is installed. Along with restaurants and many brick-and-mortar stores, we are seeing mobile POS systems being used at food trucks, kiosks and concert venues. This is because there are fewer people who are carrying cash with them. So, offering a customer to pay the way that they want to can boost your sales and increase your repeat customers.
2. Payment Security
Payment security is the most important factor of a POS system. There are new payment options like flash payment and smartphone payment tools. It does not matter what payment options that you offer if they are not secure. Using a POS system that is not secure could end up with your business losing thousands or even millions of dollars in damages if there was a breach.
Security is more important when you are using a mobile POS system. This is because there are many more vulnerabilities for a tablet and smartphones. These devices are portable and do not have a hardened data center, which means that you need to make sure that no information is stored in the phones memory.
3. Grows With Your Business
Most POS systems are designed to grow with your business. Even as a small business, you should make sure that you will not grow out of the system within the coming years. This is a common mistake that many businesses make. Outgrowing your POS system causes the need to buy a new system, which is a waste of time and money. Upgrading can also cause headaches because you need to remove your old system and install a whole new system.
There are some POS software and systems that will only accept payments made from a specific bank. Your business is going to change and evolve over the years, so being stuck with that specific bank means that you will not be able to get the best services and rates.
When you are looking for POS software, you should look for systems that allow you to use any bank and processor. This will save your business hundreds to thousands of dollars each year. You also have the freedom to pick the services and the rates that you want.
There are a huge number of mobile POS systems to pick from. This is important because you are going to be using the same system for years. So, you should take the time do research about what systems are available and which one may work the best for your business.