A point of sale (POS) is a system that businesses use to manage sales transactions. In the past, a POS in a shop would have been a big cash register and a ledger to record purchases and sales. Today we have hassle-free solutions that do a lot of the work automatically – from basic customer purchases to inventory management.
What do I need for my POS?
Although there’s not a one-size-fits-all solution for your POS, there are some key things you should look out for when choosing your system.
Transactions and payments
Take cash, chip and PIN, contactless card and device payments (like Apple, Samsung and Google Pay), plus online sales.
Customers can choose to have a printed receipt or a digital one via SMS or email.
Easy for staff to add, sum up or scan products at checkout; adjust the total; add discounts or give refunds.
Inventory and sales management
User-friendly app that lets you manage your inventory without any training.
Complete inventory control with automatic, real-time sales tracking and alerts when stock runs low.
Detailed sales and product reports that can be exported for bookkeeping.
Support and compatibility
The company you got your POS from offer support or a help centre.
Automatic, secure backup on the cloud – so you never lose any of your important business information.
The POS app works on your regular smartphone or tablet – no need to buy or rent special devices, and no lock-in contracts.