mPOS

A mPOS ( mobile point of sale) is a smartphone, tablet or dedicated wireless device that performs the functions of a cash register or electronic point of sale terminal (POSint-of-sale terminal).

mPOS allows service & sales industries to conduct financial transactions in place, improving the customer experience and freeing up valuable real estate that would otherwise be dedicated to a POS countertop. It can be cost-effective, allowing a small business owner to conduct transactions without having to invest in an electronic register or pay someone to support the software. Any smartphone or tablet can be transformed into an mPOS with a downloadable mobile app

Benefits of using mPOS

• Up-selling is made possible for customers using credit & debit cards
• Provide card-on-delivery option & collect payments at customers’ home
• Acts as a fully functional cash register with all the required features
• Automatic settlements for all types of payments
• Cash handling and cash counting errors can also be totally eliminated
• No more hassles of dealing with fake and counterfeit notes
• No need to open new bank account, settlements can happen to your existing bank a/c
• Increased conversion of higher ticket transaction by enabling EMI options