There are many epos providers
available in the epos market and the
best epos system do more than just process sales and accept payments. They make
it easier to maintain your entire business, with features that help you analyze
sales data, track inventory, customer management and staff management.
They include or have integrations
for email marketing, loyalty programs, and other capabilities that streamline
processes and save time. The best POS sellers provide reliable customer support
that you can contact anytime, so even if your business keeps irregular hours or
you're working late, you can receive support when you need it.
When you are comparing epos hardware
and epos software, you need to search for systems that give maximum flexibility,
with monthly subscriptions software subscriptions, a choice of payment
processors and compatibility with third party POS hardware.
In this way, you're not secured
into a system or a rent for some time, but can instead change out whatever parts
of the system you need, when you need –whether you are missing features, feel services
aren't meeting up to your expectations or find the best deal.
What's To Expect In 2020
In 2020, epos market UK will offer their very own payment processing
services. As this removes the integration hurdle, it might also eliminate some flexibility
and your ability to comparison shop for processing rates if the businesses
don't keep on giving you the option of working with a third party processor.
Presently, a few POS providers with in-house processing don't allow you to work
with any third party processors and some of those that do charge an extra
gateway integration or convenience fee – either monthly or per-transaction.
Another issue of having a POS system that is packaged with processing services
is that it makes it harder to switch processors if your rates increase, since
you need to switch entire POS system rather than just processing service.
The business will continue moving
to tablet-based systems, as they offer mobility that allows you to make the
checkout experience helpful for your customers. For example, in a retail
setting, sales associates can ring up an order and accept payment from anywhere
on the store floor, so the customer doesn't have to spend even a minute waiting
up in line. Or in a restaurant, servers can run cards right at the table, so
the card never leaves the customer's hand.
Merchants will also use tablet
POS systems to create self-serve kiosk checkout stations that allow customers
to place or ring up their own orders and pay at the kiosk. For customers, POS kiosk
are novel and fun, and usually have shorter lines. For vendors, it's a strategy
to oversee rising labor costs, as it allows one cahier to monitor customers using
different self-serve POS kiosks instead of ringing up orders at a single
station.
