Latest Epos System Technology Trends In 2019
1. Mobile solutions
An increasing number of people are now using handheld mobile POS to reflect the fact that customers are not generally in one place, and greater sales can be improved by staying on foot close by them. This can also improve the user experience for the customer, who maybe won`t need to line as long. These kinds of solutions are typically cloud-based. They can be used anyplace in a retail or hospitality setting, or at the checkout. They can also empower staff to access data. The adaptability of mobile solutions can help save companies money over the long run.
2. Economic uncertainty
With looming and a lot of economic uncertainty all through the world, many industries are holding back on spending money on POS updates – especially within the fuel and petroleum industry. Many retailers have been tightening up their belts and holding onto existing hardware despite better options being available.
3. Mobile wallets
There has been a great deal of buzz surrounding Apple Pay and Google Wallet. The majority people are used to paying simply through tapping their card on a card reader. However, mobile wallets haven`t completely displaced cash and people are still using this – or returning back to it if they have recently changed to mobile wallets. Regularly it is a lot easier for people to keep track of spending plan. This is reflected in the way people are making their payments, despite the fact that regardless it remains a healthy blend of electronic, plastic and cash.
4. Cloud storage
An increasing number of EPOS systems are presently based on the cloud, and this is gaining traction with an expanded use of the pay as-you-go display model. Customers can be able to access, download the latest technology a lot simpler, and increase overall profit margins through value based services.
5. Online spending
There has been a huge shift in customer spending from in-store to online, regularly with the better solutions being available online. A great deal of customers currently use the in store retail experience to browse what is on offer before making their purchase when they to get home or from their telephone. In some of the cases, given how accessible the online is now from cell phones, they could be remained in-store making an online purchase.
Many retail stores are trying to offer an increasingly `online` experience coming up, making tablets available for people to look into information and make transactions. They can also put in these orders to be delivered to their home for ease. Retailers are also looking to make their business bound together, and are beginning to approach customers for details, for example, their email address at POS so as to set up a digital sales account for them and send an e- mail receipt. This also helps shops to personalise the business experience and interface online, mobile apps and physical experiences.