Gone are the days when cash was used to pay in establishments. Nowadays, rather than bank cards, we use smart devices: cell phones, smartwatches, etc. This new paradigm is also being experienced in payment terminals. Payment terminals (or physical payment systems) as we know them are being transformed in favor of the smart POS.
We are increasingly used to seeing touch screen interfaces in supermarkets or retail stores, so it is not surprising that this is also extending to card payment terminals. Let’s review what a smart POS is and all the advantages it can bring to your business.
What is a smart POS and what are its functions?
A smart terminal, in terms of card payments, is an electronic device with integrated software that allows you to charge with contactless card, with chip or through mobile devices. And you can also do many other things such as: pick up the order on the device with which the payment is received, control the inventory of your products, view reports in real time, among others. At first glance, they are payment terminals with touch screen.
Although to call these digital devices, smart terminals, their appearance is the least of it. Smart POS terminals have the ability to do many more functions than just processing a payment through a card. Just as a smartphone has the option to install apps for different utilities, a smart terminal also has the ability to install apps with specific functions for each terminal and business.
In other words, it is an evolution of traditional dataphones where apps can be integrated to streamline payment processes according to the needs of a business. And it has specific functions for each business. They have been developed to streamline customer requests or the daily activities of a business. Let’s look at examples of how smart POS systems add value to your business based on the services you offer.
Why use a POS in your business?
In other words, it is an evolution of traditional dataphones where apps can be integrated to streamline payment processes according to the needs of a business. And it has specific functions for each business. They have been developed to streamline customer requests or the daily activities of a business. Let’s look at examples of how smart POS systems add value to your business based on the services you offer.
Why using a POS in your business?
Still not sure whether to change your traditional dataphone? We tell you how the functions incorporated in these digital devices can benefit your business.
In catering, for example, the need to divide the bill among the different diners was detected. Through the integration of a specific application in the intelligent POS, it is possible to automate this action. We also have the possibility of leaving tips when paying by credit card.
On the other hand, in the nightlife sector, it has been demonstrated that a smart terminal can use specific apps to issue unlimited tickets to events or nightclubs, scan QR codes, check the entire inventory of products, as well as register package deliveries for transport companies. Other examples are customer loyalty functions. How is this achieved? By means of offers or discount codes via your touch screen.
More and more entrepreneurs are deciding to incorporate smart POS in their discos, clubs or nightlife venues due to all the advantages it brings. Specifically, with this new technology, staff management becomes much more agile and comfortable. The bar staff can go with their individual portable terminal, place an order and collect it on the same device without having to place the order at the cash register and look for the nearest dataphone, which is probably being used by someone else. Saving time, convenience, reducing queues, the possibility of increasing sales and consequently revenue, are the advantages of using smart POS in a business.
If we analyze the sector in which our business operates, we are sure to find many opportunities for improvement. For this, a technology that unifies point of sale and smart payment terminals is the perfect option for your business.
Smart POS features
Since card payment is one of the most common operations at the point of sale itself, it is normal that the smart functions performed through apps are related to the features of the POS terminal. Therefore, it is very common to find unified POS and smart POS.
Among the main technical specifications, the smart POS terminals have:
- Touch screen. Depending on the device, we can find one or two screens. In the case of two, one of them is customer oriented.
- Physical keyboard. In some cases, the touch screen is combined with a space for keys where the PIN of the cards can be included. In case the intelligent POS only has a touch screen, any signature is made through them.
- Card payments. Accepts contactless, cashless, chip and magnetic stripe cards.
- Built-in cameras. They usually incorporate cameras to facilitate the scanning of bar codes and other readers.
- Internet connection. These terminals work through WIFI, 4G or 3G.
- Print receipts. Most smart devices have an integrated printer for receipts or promotional tickets.
- The vast majority of smart POS systems can be incorporated with a physical point-of-sale terminal system, an external barcode scanner and other physical equipment, if required.
Gofun Bank platform adapts to the functionalities of your event to improve the user experience and increase your revenues. We are pioneers in developing our own smart payment system. Would you like to go one step further in the digitization of your event payments and collections? Our software is at the service of your business. Contact us for more information.