fbpx

Blog

mPOS System

5 ways mPOS Systems can boost your business sales and efficiency.

Businesses that take advantage of innovative and cost-effective technologies can benefit from staying ahead in today’s business world. mPOS systems are part of innovative retail technology that can take your business to new heights. Being portable, affordable, flexible, reliable and secure, they can help you run your business from anywhere. They can provide you with a hike in the sales and efficiency of your business. 

Here are 5 ways mPOS systems can boost your business sales and efficiency.

Enhanced customer experience

Do you know what is the fastest way to boost business sales? It is the ability to provide your customers with a positive and enriched experience. mPOS systems can help in this area to a great extent. You can streamline the transaction process, facilitate mobile ordering, accept cashless payments and collect sales data even when you are away from your brick-and-mortar store with the help of an mPOS system. 

The overall enhanced flexibility and agility offered by mobile POS systems can add to providing a positive customer experience and boosting sales for your business. 

Improved sales opportunities

Imagine all the potential sales you could be missing out on because of sticking to only sales inside the store, near your traditional transaction system. mPOS systems facilitate processing payments on the go, opening the doors for increased sales. You could set up pop-up shops, participate in events, and enable a mobile sales team with the help of a portable transaction system. 

Additionally, the ability of modern mPOS systems to capture sales data can help you to upsell and cross-sell by providing customers with a more personalised experience. Thus, the portability and features in an mPOS system can help to improve sales opportunities.

Better Inventory Management

A critical aspect of increased efficiency in any retail business is the ability to make the right decisions. You can make informed decisions by leveraging the handy reports in modern retail technology. Nowadays, mPOS systems come equipped with inventory tracking and managing features. It can provide real-time inventory tracking and synchronisation, paving the way to avoiding stockouts and reducing overstocking. 

Making data-driven decisions regarding the inventory of your business can improve efficiency and sales.

Streamlined Operations

You can save a lot of time and effort by streamlining retail operations with the help of a mobile POS system. When you are away from your physical store and conducting business in other locations, you might manually write down information or use Excel sheets to track data. Manual data entry and bookkeeping can be time-consuming and needs a lot of focus to avoid errors. Features such as automated sales reporting, bookkeeping and integrated CRM in an mPOS system can increase the efficiency of business operations. 

It accurately tracks data in cloud feature-enabled software, wherever you are and integrates the business operations. 

Enhanced marketing strategies

You might carefully plan marketing strategies and create hundreds of paper flyers and attractive campaigns to get more customers. But in this digital era taking your marketing efforts online can unleash its true potential. mPOS systems are the right tool to provide personalised promotions and targeted marketing campaigns.

You can tailor the promotional efforts to suit different customers and offer timely and accurate discounts to loyal clients. It will strengthen customer loyalty and attract more customers boosting sales and retention. 

Wrapping it up

In conclusion, mPOS systems are handy tools required for businesses to facilitate mobile transactions and stay ahead in the modern business world. It can offer several features that can boost the sales and efficiency of your business. Mobile POS benefits are streamlining the transaction process and integrating key operations of your business, saving time and securing a happy customer experience. 

PromptTech provides the best mPOS solution for small and medium businesses with top-notch features such as integrated CRM, inventory management, online store management, QR code solutions, digital flyers and more. Get our feature-rich and comprehensive mobile point-of-sale system and seamlessly grow your business.

Featured Post
mobile point of sale system

The Benefits of Going Green with Mobile Point of Sale Systems

Sustainability is no longer considered a mere buzzword but a way of life. People prefer businesses that adopt eco-friendly solutions to reduce their environmental footprint. Businesses are increasingly turning towards solutions where innovations can meet sustainability. Mobile point of sale systems have been doing wonders in this matter, especially in the retail sector. They not only streamline business operations but also offer significant environmental benefits.   

Why switch to a mobile point-of-sale system?

Not only does the mobile point-of-sale system make the shopping experience more convenient, but it also has a positive impact on the environment. Switching to a mobile point of sale (POS) system can truly transform the way businesses operate. With a mobile POS, you can break free from the shackles of a fixed location and serve customers right on the sales floor, at bustling events, or even while you’re on the move. A mobile POS system allows you to zip through transactions at lightning speed, revolutionising the checkout experience.

Embracing a mobile POS opens up a world of valuable insights. You’ll have access to precious data that reveals customer preferences, helps manage inventory effectively, and identifies sales trends. 

Also, as sustainability becomes increasingly important for consumers and businesses, retailers must seize the opportunity and adopt eco-friendly solutions. Going green with mPOS systems allows retailers to minimise their environmental impact, attract environmentally conscious customers, and stay ahead of the competition. As the retail industry continues to evolve, integrating innovative technologies like mPOS systems will play a significant role in shaping a sustainable future for the industry.          

Here are the benefits of going green with Mobile Point of Sale Systems in retail settings-

Paperless Operations

Traditional point-of-sale systems heavily rely on paper receipts, resulting in significant paper waste and environmental harm.

Transitioning to mPOS helps to reduce a large number of paper receipts, invoices, and unnecessary documentation. mPOS solutions offer the possibility of going entirely paperless. Digital receipts can be sent directly to customers via email or SMS, reducing paper waste and minimising the retailer’s environmental impact. Therefore, you can transform your business into a paperless retail store. 

For instance, the digital flyer feature of the SingleCart mPOS system enables businesses to promote their product digitally without the need to print offers and discounts.

Energy Efficiency

When it comes to energy consumption, mPOS systems outshine their traditional counterparts. The mobile devices, like tablets and smartphones, that power mPOS systems are designed to be energy-efficient, meaning they consume far less power than traditional POS terminals. By embracing energy-efficient mPOS systems, retailers not only lower their carbon emissions but also contribute to creating a greener retail environment. It’s a win-win for both the planet and the business.

Reduced E-waste

Mobile devices are constantly being updated, and tend to stick around for longer, reducing E-waste. By giving them a new purpose as mPOS devices, retailers can do their part in reducing electronic waste and paving the way for a more sustainable future. It’s a small change that will add to making a big difference.

A Final Note

The adoption of mobile point-of-sale systems in retail settings brings many benefits to businesses and the environment. These systems help reduce paper usage, save energy, simplify operations, and improve customer experience. By embracing mPOS systems, retailers can contribute to a greener future while also driving profitability.

About SingleCart

SingleCart is the best mobile point of sale system for retail stores. SingleCart makes it easy to manage all the essential tasks needed to run your business smoothly. This state-of-the-art mobile POS software in Dubai allows you to streamline retail operations, closely monitor workflows, and enhance productivity effortlessly. Run your business in a profitable and eco-friendly way with SingleCart

Featured Post
Retail inventory management

5 ways mPOS systems help with Retail Inventory Management

A proper Inventory Management System is crucial for running a business successfully. Retailers need to have accurate and up-to-date information on their inventory levels to meet the demands of their customers properly. This also ensures proper inventory count and eliminates the hassle of overstocking and understocking. mPOS is an efficient retail inventory tracking software that helps to streamline the retail business and acquire a competitive advantage. 

What is Inventory Management?

In simple terms, Inventory management is about keeping proper track of how much stock you have in hand. It involves understanding the needs of customers, forecasting demand and optimising the supply chain. Proper retail inventory management ensures that your business always has the right amount of stock on hand without having too much or too little. 

Benefits of proper inventory management

Proper retail inventory management is essential for your business to maximise profit and stay competitive. Some of the benefits of proper inventory management for business are listed below-

  • Increased efficiency
  • Improved customer satisfaction
  • Cost-savings
  • Better insights
  • Competitive advantage

What is an mPOS?

An mPOS is a portable device that helps you to manage your business on the go. You can process payments quickly and easily without a traditional cash register or point-of-sale system with an mPOS system. Also, it helps businesses to manage their inventory, process orders and provide real-time data. 

mPOS and inventory management 

mPOS is an efficient tool for retailers to manage their inventory more efficiently and effectively. mPOS and inventory management play a crucial role in the success of a business. The use of mPOS for inventory management helps retailers to upgrade their business.  

Here are 5 ways mPOS helps with retail inventory management. 

Inventory tracking

Real-time inventory tracking with an mPOS helps retailers to improve their inventory management process. Retailers can track the inventory from anywhere with the help of an mPOS system. Proper inventory tracking helps to match demands and avoid overstocking and understocking.  

It will also facilitate inventory tracking across multiple store locations, eliminating the risk of overstocking one store and understocking the other. 

Inventory updates

Automatic inventory updates are one of the key benefits of using mPOS for retail inventory management. You do not need to update the inventory count each time a sale is made. The inventory levels are updated automatically with an mPOS system. This eliminates the risk of manual errors and ensures efficient inventory tracking. 

Order Management

Proper order management helps to streamline the workflows and improve overall efficiency. You can view and keep track of the orders from all channels including in-store, online and mobile orders in a single place with the help of an mPOS system. 

Efficient order management adds to better inventory management, improved operational efficiency and helps to provide better customer service. 

Informed decision-making

Retailers can collect and analyse sales data with the help of an mPOS system. It gives an insight into the trends and patterns of buying behaviour. This data helps to make informed decisions about inventory levels, pricing strategies and overall business operations. 

Better customer experience

Mistakes in inventory count leads to loss in sales opportunities, increased costs and unhappy customers. Maintaining the right amount of inventory with the help of the mPOS system helps to accurately meet the needs of customers. It also makes transactions faster and more convenient for users and enhances the overall shopping experience of the users. Enhanced customer experience leads to improved customer loyalty and better sales. 

Conclusion

mPOS can significantly benefit retailers by improving the inventory management process. You can track inventory, manage orders, make informed decisions and provide a better customer experience all in one place with the help of an mPOS system. Retailers can achieve accuracy and efficiency in the inventory management process by leveraging the capabilities of mPOS. 

SingleCart provides the convenience of managing your store round the clock and efficiently handling inventory. Keep track of inventory, manage orders and reach more customers easily with SingleCart.

Featured Post
Mobile Point of Sale System

Raise The Bar For Customer Engagement With Mobile Point of Sale System

In today’s fast-paced world it is essential to keep up with the latest technology trends to meet the expectations of your customers. Mobile point-of-sale systems are helpful to revolutionise your business. It not only makes the checking out process easier but also, with integrated sales and customer information, it has raised the bar for customer engagement. 

mPOS is a smarter and more efficient way to process payments and connect with customers. Processing payments are not limited to a fixed location with the help of mPOS. You can accept payments on a smartphone or tablet and interact with customers in a more personal and engaging way. You can access real-time inventory updates and customer data and offer targeted promotions. Additionally, mPOS systems are more affordable than traditional POS systems and accessible to businesses of all sizes. 

Your employees can provide on-the-spot assistance and recommendations to customers creating a memorable shopping experience for them. 

The best mobile point-of-sale system provides a seamless and personalised experience for your customers. By keeping your customers happy, engaged and satisfied they will keep returning to your business. 

mPOS solutions and customer engagement

mPOS systems are a versatile and affordable option for businesses looking to improve the checking out process, provide personalised experiences, and increase customer engagement. Mobile point-of-sale systems help with customer engagement. Here are 4 reasons explaining that.

Better customer service

mPOS helps in on-the-spot problem resolution. You can solve the queries and issues of customers easily and quickly right on the shop floor with the help of mobile point-of-sale systems. For example, if a customer is looking for a specific item but can’t find it, an employee can use mPOS to check if it is in stock and provide alternatives if it is not.

Personalised experience

mPOS technology provides businesses with the tools needed for providing a personalised customer experience. mPOS keeps track of customer purchase history and preferences. By leveraging customer data mPOS helps to provide personalised recommendations, customised promotions, and personalised shopping experiences, which leads to increased customer satisfaction, better engagement, and improved sales. 

Faster check-out process

Waiting longer in the check-out lines can feel frustrating for your customers. mPOS helps to streamline the checking out process and reduces the wait time. Reduced wait time leads to increased customer satisfaction and contributes to better sales. For instance, a customer shopping in the clothing section of the store can easily check out with an employee using mPOS. 

Access to real-time data 

You can get access to real-time data on sales, inventory, and customer behaviour with the help of the mPOS system. It will help you to make informed decisions about pricing, inventory management, and marketing strategies. You can identify patterns and trends in customer behaviour by analysing the data and providing a better shopping experience.

A final note

mPOS solutions and customer engagement are closely related. The use of mPOS technology provides access to real-time data and helps to make informed decisions. You can offer a better, faster, and more personalised experience for your customers with the help of the mPOS system. It leads to increased customer engagement and improved sales. Take your business to the next level by levelling up the customer experience with the help of a mobile point-of-sale system. 

Transform your business with our feature-rich mPOS Single Cart. Seamlessly manage your storefront, reach more customers, and provide a personalised experience with Single Cart.

Featured Post
Mobile Point of Sale System

Benefits Of Mobile Point Of Sale Systems For Businesses

As a small business owner, you constantly search for ways to streamline your operations, save time and money, and improve the customer experience. One technology that can help you achieve these goals is a mobile point of sale (POS) system. Here are the benefits of using the best mobile POS systems for your small business:

1.Cuts Down Costs

The best mobile POS systems have a lower upfront cost. Unlike traditional POS systems that require expensive hardware and software, mobile POS systems can run on an Android tablet or iOS device, which most people already have. This eliminates the need for additional training, making it easy to use for your staff. The cost-effectiveness of mobile POS systems makes them the best POS system for mobile businesses.

2.Offers More Visibility into Inventory

Mobile point of sale systems provide real-time visibility of inventory movements across all channels due to their cloud-based systems. You can instantaneously access product information and respond to customer inquiries, enhancing your service’s dependability. With this feature, you can easily monitor inventory levels and avoid stockouts, ensuring sufficient stock always to meet customer demand.

3.Sell Anywhere, Anytime

You can sell anywhere and anytime with the finest mobile POS system. Only a portable device and an active Internet connection are required. Whether you run a mobile business, a pop-up shop, or a kiosk, you can sell on the go swiftly. This adaptability is one of mobile point of sale systems’ most advantageous characteristics.

4.Increase Sales

Mobile point of sale systems can help you enhance the customer experience, ultimately increasing sales. Long queues and waiting times can frustrate customers, leading to abandoned purchases. With mobile POS systems, checkouts are set up for easy transactions during peak hours, ensuring that small businesses avoid long lines and preserve their sales.

5.Support Multiple Types of Payment

The flexibility of accepting different types of payment options attracts shoppers. Mobile POS technology offers many payment options, including credit, cash, or debit cards, gift cards, store credit, digital offers, coupons, and loyalty points. This feature makes the best mobile POS systems an attractive option for small businesses that want to offer customers more payment options.

6.More Business Growth Possibilities

Mobile technology can help small businesses expand and grow more efficiently. With mobile POS systems, inventory management becomes a breeze, allowing businesses to add and expand stores faster. There is no need for new IT infrastructure, and businesses can set up a new store with a mobile POS system, making expansion easier and more cost-effective.

7.Low Setup Cost

A significant advantage of mobile point of sale systems is that they require low setup costs, making them ideal for small businesses. With a mobile POS system, you can convert your existing tablets, smartphones, and other compatible mobile devices into a fully functional POS system. All you need is a card reader to integrate the payment app for QR codes, and payments can be made instantly without the need for a physical card. As a result, the budget requirements for implementing a mobile POS system are minimal.

Conclusion

Small businesses frequently require assistance with various obstacles, including hiring, supply chains, and employee retention. However, using the correct mobile POS system can reduce stress and improve business efficiency. A mobile point of sale system is an excellent investment for small businesses seeking to expedite operations, enhance the customer experience, and boost sales. It is evident why mobile POS systems are a top choice for enterprises of all sizes, particularly those seeking a cost-effective and efficient method of managing operations.

Featured Post
Benefits of mPOS system

5 Benefits of mPOS system in 2023

The world around us is transforming at a rapid speed. Buyer behaviours and transaction models have all undergone a drastic change. POS has been the torch bearer in bringing about a change in the way sales are completed at the checkpoint. POS has made business processes simpler for the business owners. Accepting card payments had been a great leap for businesses at one point of time. These were the traditional POS systems. These POS systems were often a fixed touch screen monitor connected to a cash register, telephone line and CPU. Now, the trend has evolved and mPOS has emerged as the trending POS system opted by many businesses. Smart businesses are today enjoying the benefits of mPOS system.

What is an mPOS?

An mPOS system is simple, it is the same functional POS on a portable mobile device such as a smartphone or tablet. It is easier for businesses to monitor their business processes on a smart phone than on the fixed monitor.

Advantages of Point of Sale

  • Cost effective: One of the most highlighted benefits of mPOS system is that it is relatively cost effective when compared to a traditional POS system. In the traditional POS system there is the need for installation of multiple hardwares and hefty charges for continuous updation of softwares. In mPOS the hardware requirements are minimal as the software is installed on your portable smartphone or tablet. Additionally, mPOS makes use of cloud storage to store all data which is easily available and accessible to vendors with good internet connection at any time from anywhere.
  • Faster checkouts: Tired of waiting long hours in queues to bill your purchase? Not anymore with mPOS. Faster checkouts and shorter queues is achievable with the mPOS system. It is designed to make businesses more efficient with multiple payment options such as card and mobile payment, increasing profit and shorter queues.
  • Reduced Business Liability: Safeguarding your business data is vital. Traditional POS systems risk the safety of your collected data. Fraudsters may attempt to break into your system unauthorised to collect the credit and debit card details and misuse the gained information. In mPOS, individuals cannot access the system with proper authorisation. As credit and debit card details are not stored in transactions made through mPOS, it is much safer for customers to make contactless payments. No system is free from breach but mPOS minimises such incidents to a great extent.
  • Easy identification and customer history: Confirming customer identities has become a reality with mPOS. Biometrics such as face recognition or fingerprints can be used for this purpose. Authentic recognition of customers ensures security and convenience. Also, it is easier to retrieve old customer information such as bills,transactions, and loyalty programs with mPOS. This enhances customer experience and staff performance. As the stored data is easy to access the entire process takes less time and promotes faster sale.
  • Easy to integrate and minimal set up : Unlike the traditional POS system which requires a stationed monitor and cash register, mPOS needs just the basic setup to get started. Any smartphone or tablet device can be easily used to function as a POS, this is one of the main benefits of mPOS system. You can also integrate your existing software promoting a smooth migration of data.

In Conclusion:

The benefits of mPOS system are plenty. Above mentioned are only the highlighted ones. As a business owner, you can benefit immensely from investing in an mPOS  system. It makes doing business easier for you. You can not only bill items, but can also monitor inventory, and generate multiple reports as per requirement. Advancing with the trend is essential to run a successful business and mPOS is one such advancement.

Featured Post
Mobile POS Systems

Mobile POS Systems: A Detailed guide

With the advancement in technology you can see a major transformation in the way transactions are being handled in a business. The traditional cash registers have evolved to electronic POS systems which have undergone upgradation with the help of cloud technology and ultimately marked the emergence of Mobile POS Systems. The evolution of mobile point of sale systems has enabled quick and easy business transactions. mPOS systems function as a portable cash register and thereby transactions can be carried out anywhere at any time just by the use of mobile phones, tablets and other wireless devices. 

Working of Mobile POS systems

The working of mPOS systems are prompt and cost-effective. With the help of an app downloaded in your wireless device for processing transactions, a card reader and internet connection your mPOS system is ready to work. Your customers will choose the items they intend to buy either through the online or offline mode. You can scan these items through barcodes or select it manually in the system and the mPOS system will calculate the total price of the purchase.  At this point your customer will pay for the purchased items either through cards, digital wallets or cash. The mPOS will process the payment and finalize the transaction and update the quantity in inventory. 

Who is mPOS for and Why?

mPOS is useful for any business that is looking for a faster and convenient mode of transaction. Also it is very helpful for businesses conducting transactions on the go. It is beneficial for a variety of businesses such as 

  • Retail stores
  • Freelancers
  • Restaurants
  • Food trucks
  • Market vendors 
  • Home services and more

Some of the advantages of using mobile POS systems for your business are mentioned below

  • Faster checkouts using smart phones
  • Cut-down costs on expensive hardwares
  • Increased flexibility and scalability
  • User-friendly application
  • More Secure payments
  • Customizable for your business

4 handy features in the Best mobile pos for small businesses 

  • Promote & Track

With the help of an mPOS system you can promote your products and update your customers regarding the sales offers and limited discounts easily. It empowers your existing marketing campaigns and tracks the success of it. 

For instance Single Cart enables you to share your products with digital flyers on social media and other online platforms. You can effectively keep track of the reach of these digital flyers by analyzing the views.

  • Cost-effective

Small & medium scale businesses always appreciate a cost-effective solution for their business. The best mobile POS for small businesses is cost-effective and simple to implement. It works with  low cost and easily available hardwares. It converts mobile phones and tablets to a well functioning mPOS system. 

  • QR codes

Smart QR code solution is one of the most useful features in mPOS systems. It helps in reducing manual labor and sharing information with just one click. With the help of this feature in your mPOS system you can easily connect with your customers and save time.

  • Enhanced Reporting

mPOS generates multiple reports that help you manage your business seamlessly. With timely sales reports in your hands you can make informed decisions and accurately manage the inventory.

A Final Note

Mobile POS systems are becoming increasingly popular among businesses today. With the help of an mPOS, business owners can handle transactions conveniently and quickly. It offers flexibility and scalability in managing your business.

Single Cart is a feature rich and the best mobile POS for small businesses. It aids in managing your business round the clock in both online and offline mode. You can manage sales, track orders and inventory even if you are away from your physical store front. With the webstore feature available in Single Cart you can effortlessly take your business to an online platform. It also generates multiple handy reports with which you can make informed decisions and the digital flyers will enhance your marketing campaigns.

Featured Post
mPOS For Your Business

5 Questions You Must Ask Before Using mPOS For Your Business

Businesses today are evolving faster than ever. The technological advancements have made buyer experiences better at every step. POS technology is one such field with great potential for advancement. Keeping track of such developments and transforming your businesses in line with them is vital. Looking back, have you come across any business that has cash only transactions? Probably a few businesses but most of them have upgraded their mode of payment to the widely used credit, debit and mobile wallet formats. mPOS solutions for retail stores is one such advancement in the POS realm. With an mPOS,  businesses can streamline their workflow and fast track payments irrespective of their business size.

mPOS or Mobile Point of Sale, as the name suggests is a smartphone, tablet or any other portable device that serves as a fully functional POS with transaction facility. mPOS solutions for retail stores have built-in softwares that automatically saves customer transaction data. 

What is an mPOS?

Here some questions you must ask before getting an mPOS for your retail stores:

Are mPOS affordable?

Unlike the traditional POS solutions an mPOS does not have any major hardware requirement hence proving to be budget friendly even for smaller businesses. As Cloud-hosted subscription plans used by the mPOS systems come in affordable monthly and yearly payment plans, it is easier for enterprises to accommodate mPOS into their businesses.

How convenient can you use mPOS?

The present day transaction methods have evolved and businesses that accept only money as payment have become rare. Most businesses provide multiple cashless options such as credit, debit, and other forms of payment. It has become vital to offer multiple cashless payment alternatives to customers in order to sustain your business. mPOS software solution can be the right partner. mPOS allows you to make payments via debit, credit cards and also in some cases through qr code scans. Hence, it is convenient for both the business and the customer.

Will an mPOS reduce customer wait time?

Waiting in the billing queue for your turn is a tiring exercise for customers. More so, during peak business hours. With mPOS installed in multiple locations, billing and payment can take place instantaneously and customers will not have to wait in long queues. 

Can you track inventory efficiently with an mPOS?

An mPOS is also a fully functional POS software. Which means that every time you sell or bill a product your inventory is automatically being updated in the background. Similarly, you can easily track fast selling items and restock them on-time. 

Will internet connection affect the billing process?

As all the data is stored in the cloud-hosted platform, the billing procedure can be completed faster. Also, incase of any internet connection issues you can bill products offline and the data will be automatically synced with your cloud storage when the internet connection regains strength. Thus, making it the best mPOS system for your business.

Bonus point
Can you create your own digital flyer?

SingleCart mPOS is one of the best mPOS systems for your business in the UAE. With SingleCart you can design and create your own digital flyers and connect instantly with your customers. Manage offers and promotions efficiently with SingleCart mPOS app.

In conclusion

If you are considering installing a mPOS solution for your business it is vital for you to compare your needs with the features offered by the POS solution provider. mPOS solutions for retail stores are considered affordable as the investment in heavy hardware is not required. Just a mobile phone or tablet installed with the pos app will suffice to smoothly run your business.

Featured Post
POS and mPOS Systems

Traditional POS and mPOS Systems- How Are They Different?

With the advancement in technology there has been immense upgradation in POS systems as well. A POS system was introduced in order to record and manage transactions accurately. What once started as just a cash register has evolved into a powerful hub that manages sales, operational process, promotions and financial process with the help of digitisation and cloud technology. POS is a broad terminology referring to the entire solution while mPOS stands for mobile point of sale. You can browse through this blog in order to understand the difference between traditional POS and mPOS systems and the key benefits you can enjoy with the help of using an mPOS for your business.

Difference between traditional POS and mPOS systems

An mPOS is a smartphone, tablet or any other wireless device that performs the function of a cash register or electronic POS but it is done wirelessly. With the help of an mPOS you can cut down costs on bulky hardware. mPOS systems use cloud POS software and thereby you can access the data anywhere and at any time even outside the geographical location of your business. The use of mPOS enables more flexibility and convenience for the customers. In order to implement an mPOS for your business you need the following components.

● An internet connection

● A credit or debit card reader

● An application downloaded in the device

The user can then connect with the reader via mobile devices by downloading a POS app in the wireless device used for transactions. Certain mPOS systems accept payments even in offline mode. This enables your store to function even when the internet connection drops. For added convenience you can also pair the mPOS with hardware like a barcode scanner or cash drawer.

A traditional POS comes with a stationary terminal in comparison with an mPOS. This can be a combination of desktop or tablet, receipt printer, cash drawer, credit card machine and scanner. It requires the physical storefront to be open for the transactions to happen. The mobility aspect of mPOS applies to both the hardware and software. mPOS is lightweight, portable and offers more flexibility when compared to traditional POS systems. mPOS systems are also more secure as they are required to be up to date with the PCI Mobile Payment Acceptance Security Guidelines for Developers.

Benefits of using an mPOS

● Setting up an mPOS for your business is rather an easy process and you don’t need complicated technical knowledge for using it. The implementation process is quick and there is no need to buy a lot of hardware and advanced terminals.

● You can manage your business from anywhere with an mPOS system. The cloud POS software records and stores every data on the internet and therefore you can access it anytime as required using a wireless device.

● The use of mPOS facilitates faster check outs and saves time. You can provide an enhanced customer experience by enabling quicker transactions and reducing the waiting time.

● mPOS lets you connect with your customers more efficiently. You can update offers easily and implement an effective marketing strategy with the help of an mPOS.

● The analytics feature built in the mobile cloud POS system gives valuable insights for the smooth functioning of the business. The automated recording process lets you track and manage inventory and sales data accurately.

Summing up

During the past years the POS system has undergone many improvements. You can run your business in a more efficient manner with the help of both POS and mPOS systems. Cloud technology has empowered mPOS systems and it offers more flexibility and scalability for your business. Small business owners can benefit immensely with the help of an mPOS as it will integrate smoothly to other business systems and grow alongside the business.

Elevate the experience of your customers and transform your business with PromtTech’s SingleCart. You can manage your business round the clock, promote efficiently and scale up your business easily with the help of SingleCart, the all-in-one mPOS app.

Featured Post
Store Management App

Multipurpose Store Management App

Flourishing a business in the present day has transformed immensely. Things have changed drastically. Digitalisation has taken over in more ways than one. Upgrading your skills and your technology is the dire need of the hour. Among all these complexities, how relieving would it be to get access to a system that can change your game and take it to the next level. Amazing right! SingleCart is one such brilliant store management app.  You can streamline your business effortlessly. Run your own web store in no time. Send out flyers and generate offers with just a few clicks. Sounds great? Let’s dive in and get to know a few other things you can do with SingleCart.

SingleCart is a POS software that is designed to ease and make doing business convenient for you. A wide range of retail businesses and F&B businesses can benefit from this POS. SingleCart can be your very own store inventory management software and at the same time help you promote your business. 

Here are a few core features of SingleCart

Effortlessly manage your store-front and web store

Managing rush hour madness is not new for businesses. It can get quite overwhelming and may go out of control if not managed the right way. And what if you run multiple stores? At such crucial moments SingleCart can be your sigh of relief. With the SingleCart store management system you can simply monitor and manage your store-front and web store simultaneously. Keep track of inventory, orders and deliveries from a single platform.

Extend your reach invariably

Digitalisation and technology has changed the face of business and the way we do it. It has become convenient for our customers to browse through their smartphones to access absolutely anything under the sun. Buyer behaviours have transitioned along with the developments in technology. Printed flyers and promotional creatives are now out-dated and old-fashioned. Also, it is difficult to get the attention of the present generation of audience as they are way too engrossed in their digital devices. It is always better to change before change becomes inevitable. To stay up with the trend SingleCart helps you design your own digital flyers and offers that can be easily sent across to your targeted audience instantly. Through such flyers you are sure to grab the attention and make sales. Additionally, you can also take advantage of the smart QR code solutions. Just scan the custom code with your smartphones and you are good to shop! 

Easily categorise your products 

Clarity in business is always good. With SingleCart’s store management app you can easily classify products according to their departments and brand, making it easier for customers to browse your web store. You can also apply targeted promotions and offers for each product line. As small and medium enterprises it is beneficial that our store inventory management software can help you get a clear picture of in-stock and out-of-stock items accurately. Also, you can get a hold on items that are preferred by the majority of your customers. Create special offers on products based on their sales and promote them directly to your targeted audience. 

Effectively manage orders

As a business it is inevitable to stay away from customers or rush hours. Many times in traditional business practices it can be daunting to manage orders and deliver them to customers without any error. We sure may have succeeded back in the day. But in this digital era, with the advancement of technology it has become convenient for business owners to manage order and delivery digitally. As the orders are marked in the digital space the margin for errors have reduced considerably. Also, it is easy to track when your data is online. SingleCart provides you exactly that. Easily manage orders even during rush hours.

Run business at your convenience

A POS software can help you ease your business processes to a great extent. But has it ever occurred to you that a little more flexibility could better your business. Well, SingleCart solves it for you. SingleCart is not just a POS software, it is a mPOS software. That is, the POS app is installed on your mobile device. So, now your POS is as handy as your smart mobile device. Access your web store at any time from anywhere. Generate and view reports in real time from wherever you are. Review your daily sales and expenses easily with SingleCart mPOS. It is highly budget friendly as you do not have to invest in hefty hardware. 

In conclusion

SingleCart mPOS is an efficient store management app that allows you to handle your business processes effectively. It helps you integrate your storefront and web store seamlessly, boosting your business and attracting potential customers. Custom QR code makes your business all the more special as your customers can view the product list and offers simultaneously. It makes shopping convenient for them and business simple for you.

Featured Post
Translate »