Electronic Point-of-Sale (EPOS) System

Electronic Point-of-Sale terminal (EPOS) is a hardware-software complex that allows you to carry out trading operations that can be carried out using a conventional cash register. In addition to accounting for sales, the POS terminal can also accumulate other data for subsequent analysis. POS-terminal has a convenient user interaction interface to facilitate the search for the right product and obtain data on its characteristics.

Advantages of using EPOS-terminals for enterprises:

  1. attracting new customers – owners of debit and credit plastic cards;
  2. automation and accounting of the process of receiving payments;
  3. no collection is required because cash is not used;
  4. protects the cashier from taking counterfeit money;
  5. excludes the possibility of a cashier’s error when settling with a client.

Disadvantages of using EPOS-terminals: 

  1. additional costs for merchant acquiring, constant monitoring of the card owner; 
  2. the ability for government agencies to block cardholder accounts; 

How to choose a terminal

There are some vital points one should pay attention to when choosing an electronic POS terminal:

  • Since many functions depend on the features of the program installed on the computer, you need some time to select and configure the software. Options for retail or a restaurant may differ in several variants; the same applies to other business areas.
  • You can install a monoblock or a complex system that contains several devices. Often in this situation, the choice depends on the organization of the workplace. It is not always possible to install a large amount of equipment, and a lean POS may give you a helping hand.
  • If you plan to provide traveling sales, organize a delivery service, then you should also purchase a mobile POS terminal to pay for services.