In the context of everyday activity regarding sales and procurements, POS systems have fully integrated themselves to be an integral part of all things retail; from large-scale hypermarts to your neighborhood drugstore. As critical as a POS system is, it is not free from all faults in all cases or has no room for improvement, on the contrary, as corporations and business practices evolve, so do POS systems.
Upgrading your POS system is something you will have to eventually consider, and consider very actively. While an older system may even be perfectly adept at meeting credit card processing requirements you may have, upgrades are sometimes absolutely necessary. A few signs indicating that it’s time to upgrade are discussed in this article.
When you look for ways in cutting costs, something that’s often overlooked is cutting down on the computer- and machine-related costs. Also, storing your products, solutions, or any number of data resources entails consumption of electricity, and for massive systems of machines and computers, this means a lot of utility costs. Added hardware to facilitate your services, such as ATM Machines with integrated POS systems among other things also strains on electricity. To counter this, you could go for cloud-based POS systems.
Older hardware is increasingly prone to malfunction and eventually going out of order; monitors do break down, printers often print unreliably, and counters lose their core programming. Outdated and archaic systems of the point of sale will also require additional and frequent repairs. And as the costs add up, it could mean a lot of money to replace or repair older hardware.
NFC and EMV payments have become widely accepted and common in retail environments as well as other facilities. When it comes to merchant services, NFC and EMV systems being integrated into POS mechanisms make the whole process remarkably easier and at least ten times safer than carrying hard cash for customers. Apple Pay and Android Pay are some examples that use NFC related technologies for transactions.
These are just some indicators ushering in the time where you will be required to upgrade your POS systems because if you don’t, you are the one that will ultimately have to deal with losses and overheads.
Things to keep in mind when upgrading your POS – call us at 888-437-7747.