Advantages of Mobile POS

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ADVANTAGES OF MOBILE POS
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In todays competitive environment, technology is
the biggest enabler. One of the trends gaining
momentum is the adoption of a Mobile Point of
Sale system (mPOS, for short).
Benefits
They are ideal for situations where the billing
facility is needed on ground Whether it is
restaurants, trade shows, flea markets or even
traditional showrooms where mobility of the point
of sales is required, mPOS are coming to great
use.
Improve operational efficiency They lead to
faster order processing, improved accuracy of
orders as also greater efficiency in customer
checkout, all adding to a business operational
efficiencies.
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Improved ability of the sales staff to spend more
time with customers - With greater contact time,
it adds to the ability of the sales staff to up
sell as well as cross sell product ranges. In
short it offers a greater opportunity for
consultative selling. Improve shopping
conversions - A mobile POS is known to encourage
spur of the moment buys and thereby improve
sales. Satisfactorily answer customer queries -
With a consolidated mPOS that links with the
inventory system, it is easy for sales staff to
effectively answer customer queries on
availability of products. Digital receipts -
With the ability to offer email receipts to
consumers it enhances convenience. Enhanced
consumer experience - With customers no longer
required to make their way through serpentine
queues, the mobility of point of sales system
goes a long way in positively impacting the
overall consumer experience.
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Benefits to Merchants
Easy to Implement With low infrastructure cost
and hence low entry barriers, it is an option
that works well even for merchants with low
transaction volumes. Typically a merchant only
needs a mobile phone while the other requirements
are given by the vendor in a turnkey manner High
on Security-With card data not being stored on
the reader, the chances of data theft are
eliminated. Also, as it takes away the scope of
physical theft as it significantly reduces cash
transactions. Streamlines bookkeeping-With added
applications that aid building contracts and
keeping customer records, the mPOS goes a long
way in efficient bookkeeping. It also improves
the email marketing capability of the company
with its ability to build consumer
database. Scalability With a mPOS solution
offering scalability to meet the merchants
growing transactions, it is a boon especially for
emerging markets.
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Summary
Clearly more than just being a technology
solution, the mPOS offers a range of benefits
that help the retailer connect with the customer.
While they arent set to replace POS systems at
least in the short run, their adoption is bound
to increase exponentially.
Summary
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Thank you

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