Point of sale systems are ubiquitous today. Restaurants, retail stores, online merchants, and even independent vendors all use them. Why? POS systems reduce labor costs, improve transaction accuracy, and allow merchants to integrate many features into one customer relationship management (CRM) package. For example, they enable gift and loyalty cards and facilitate personalized advertising. The bottom line is that POS systems are critical. In the fast-paced retail world, you need to be able to process quickly, accurately, and efficiently.
Because POS is so important, it makes sense that business have a hard time balancing cost and service. What’s the right price to pay for POS? How many features should your business be getting for its money? What makes the most sense for your staff and customers? These are all pressing questions for merchants.
The good news is that affordable POS systems are becoming more accessible. Even the technology that powers high-end systems is becoming more common, so small businesses can have access to powerful hardware and software without enormous start-up costs. Big distributors are finding it harder and harder to charge you unaffordable prices for their systems.
Business owners also need to consider whether they want to buy POS systems on their own or as part of a package from a payment processing company. If you buy your own POS, you’ll have to pay up front for your system, and you’ll need to pay a company to process your transactions. If you buy a package from a processing company, you’ll often find yourself locked into contracts.
Host Merchant Services makes the choice easy. We roll the systems right into the processing package to provide you with an affordable POS that covers all of your bases for you, and we don’t lock you in with cancellation fees and contracts. We want our services and our systems to give your business the freedom to operate as you want it to. If you’re interested in taking the next steps with your business’s processing capability, contact us for a free quote and more information.