Digital transformation has been hot on the agenda of companies throughout the planet for several years. But, COVID-19 and the consequent lockdowns have fast-tracked the electronic transformation path for companies across many markets and industries.
For many retailers, the glory days of the high street are over, and electronic stations would be the new playing field for top brands. Using a strong digital approach and a global mindset will encourage your companies to come out stronger in 2021.
Touchscreen POS technology is growing ever more popular with merchants of all sorts and sizes--and it is no wonder. Such technology delivers a plethora of advantages, especially the capability to reduce operating expenditures while simultaneously strengthening productivity. Let us take a peek at how this happens.
Every merchant knows that a retail POS system provides a great number of benefits, from expediting transactions to generating a wealth of valuable, actionable data-packed reports and much more. But a retail POS system can also benefit your company in some unexpected ways. Let us take a look at three of them.
If you are like many retailers and hospitality operators, you are preparing to upgrade your POS system in view of the Europay/MasterCard/Visa (EMV) accountability change. Perhaps you've already done so, since the change took effect on October 1. Making such a move has its own advantages --i.e., letting you process chip-enabled cards and, consequently, protecting you from financial responsibility for fraudulent card-present transactions completed in your institution (s). However, in addition, it has its drawbacks--namely, chip-based card transactions can take longer to process than transactions implemented with magnetic stripe cards. Luckily, there are ways to stop EMV from slowing your transaction times also noticeably.
Clients of fast casual restaurants don't only want decent food, they need to be served and to pay for great food fast, so that they can get on with their day. Satisfying this requirement necessitates maintaining your quick casual POS system in excellent form. Here are four strategies to make certain your fast casual POS runs like a pro.