Annual volumes of smart payment and banking cards shipped in China are forecast to increase to around 1.5 billion units in 2018, up from 207.7 million in 2013, according to a new report from IHS Electronics & Media, now part of IHS Inc., a global source of critical information and insight.
Retail Technology, EPoS, Retail Supply Chain, e-Commerce
A point-of-sale (POS) system is a software and hardware system that allows businesses to process payments, manage inventory, and track sales. POS systems can be used in a variety of industries, including retail, hospitality, and healthcare. EPOS systems typically consist of a touchscreen computer, receipt printer, barcode scanner, cash drawer and software. Retail Technology articles related to retail systems, retail technology, Point-of-Sale (POS),Electronic Point-of-sale (EPOS), mPOS, wireless communication, store networks and Wi-Fi, mobile commerce, eCommerce, reporting & analytics,shipping and fulfilment,labour productivity, order management and retail supply chain management.
Zebra Technologies changes the game with launch of MotionWorks Sports Solution
Aug 21, 2013
Zebra Technologies Corporation, provider of products and solutions that extend real-time visibility into business operations, has announced the release of the MotionWorks Sports Solution, the next-generation sports statistics, event and visualisation platform.
Elo Touch Solutions goes mobile
Jul 09, 2013
Elo Touch Solutions, a premier global supplier of touch-enabled technology, has announced a new mobile touchcomputing tablet, designed to help retailers enhance their customer experience, drive sales efficiency and ensure brand experience across in-store and online.
New POS PDA for Android and IP65 rated mobile computer
May 15, 2013
Maxa Technologies (Maxatec) has announced the release of the new Xplore DT4000 POS PDA for Android and the Catchwell CW31 rugged mobile computer.
Accellos announces White Paper 'Managing Fulfilment in Omni-Channel Retailing'
Apr 09, 2013
Accellos, provider of supply chain execution software solutions, has announced the launch of a new white paper, 'Managing Fulfilment in Omni-Channel Retailing.'
Brooks Brothers buttons up its data to optimise online operational decisions with eCommera
Apr 03, 2013
Brooks Brothers, the oldest apparel clothier in the US, will adopt eCommera's unique decision intelligence tool, DynamicAction.
Elo Touch Solutions accelerates retail computing performance
Mar 05, 2013
Elo Touch Solutions, the supplier of touch-enabled technology, has announced new all-in-one (AiO) touch computers designed to help retailers accelerate transaction efficiency and enhance the consumer point-of-service experience.
Morrisons picks Merret
Mar 05, 2013
Supermarket retailer Morrisons has selected Retail Assist's supply chain solution Merret to support the launch of its new childrenswear brand, Nutmeg.
New cloud-based retail management solution launched for franchises
Feb 13, 2013
Davidson Richards, a European Microsoft RMS development partner, has announced the official launch of its cloud-based OpSuite retail management solution into the franchise market.
Vodat International develops Unified Payments Service for omni-channel retailers
Feb 13, 2013
Vodat International has created a managed Unified Payments solution – a solution for all cards across all channels – in response to the demands of omni-channel retailers and invites retailers to come and visit them to find out more about the PCI DSS compliant service, at this year's Retail Business Technology Expo.
Point-of-Sale (POS)
POS systems can be a valuable tool for businesses of all sizes. They can help businesses to improve efficiency, increase sales, and provide better customer service.
A point-of-sale (POS) system is a software and hardware system that allows a merchant to process payments and manage sales. A POS system typically includes a cash register, a barcode scanner, a receipt printer, and a customer display. It may also include other features such as inventory management, customer loyalty programs, and gift card processing.
POS systems can be used in a variety of businesses, including retail stores, restaurants, and service businesses. They can help businesses to improve their efficiency, track their sales, and provide better customer service.
There are four main types of POS systems:
- Legacy POS systems are the traditional type of POS system. They are typically based on a Windows or Linux operating system and use a custom-built software application.
- Tablet-based POS systems are a newer type of POS system that uses a tablet computer as the main interface. These systems are typically cloud-based and can be accessed from any device with an internet connection.
- Mobile POS systems are a type of POS system that uses a mobile device, such as a smartphone or tablet, as the main interface. These systems are typically used by businesses that need to be able to process payments on the go.
- Cloud-based POS systems are a type of POS system that is hosted on a cloud server. These systems are typically accessed through a web browser and can be used from any device with an internet connection.
Electronic Point-of-sale (EPOS)
Electronic Point-of-Sale (EPOS) is a system that uses electronic devices to process customer transactions in a retail outlet. EPOS systems typically consist of a touchscreen computer, receipt printer, barcode scanner, cash drawer, and software. They are often used in retail stores, restaurants, hotels, and other service-oriented businesses.
EPOS systems offer a number of advantages over traditional cash registers, including:
- Increased speed and efficiency: EPOS systems can process transactions much faster than cash registers, which can lead to shorter lines and happier customers.
- Improved data accuracy: EPOS systems can help businesses to track sales, inventory, and customer data more accurately. This information can be used to make better business decisions, such as which products to stock or how to allocate resources.
- Enhanced customer service: EPOS systems can help businesses to provide better customer service by allowing them to track customer preferences and loyalty programs.
