The Middle East is one of the pioneer regions in the world for modern technology usage. Computer technology is being used widely in the whole Middle East. POS (Point of Sale) system has a high demand in the Middle East as most hypermarkets as well as both small and medium size retailers use the Point of sale technology for stock inventory management, selling of products, and customer billing purpose.
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POS (point-of-sale) terminals are the hardware that allows retailers to receive payments from credit cards. Software for reading magnetic strips from credit and debit cards are included in the kit. In addition to proprietary and third-party portable devices (as opposed to terminals mounted to a counter), the next generation of POS systems will contain contactless capability for future types of mobile payments.
The phrase “point-of-sale” (POS) can be interpreted in a variety of ways. In the most basic sense, it refers to the terminal that sits next to the cash register and processes credit and debit cards, as well as any gift cards you accept. More often than not, when you think of a POS machine, you’re thinking of the entire terminal, which includes an informational screen and the capacity to accept any method of payment.
The adaptability of these devices allows them to seamlessly integrate with the needs of the business. This device simplifies payment collection by allowing customers to pay by simply swiping their credit/debit card and entering their pin. It’s ideal for interior and residential delivery services, takes up little space, requires little to no maintenance, and is simple to operate for any type of employee.
Using POS systems in Kuwait, UAE, Qatar, KSA, Bahrain, Turkey, or anywhere in the middle east has a lot of benefits, one of which is that it eliminates the need for price tags. Employees simply scan the barcode, which makes changing prices and applying discounts much easier.
Types of Modern POS System
Other benefits for organizations include inventory management and loyalty programs. Here’s a quick rundown of each POS system, along with some examples of firms that can benefit from it.
1. Mobile point-of-sale systems
Payments may be processed and some inventory and customer information can be managed using POS services on smartphones and tablets. The app is usually free in exchange for payment processing. The leading payment processors will provide you with a free credit card reader.
2. Tablet POS systems
Because they need little upfront investment and can often be used with a tablet that you already possess, iPad and Android point-of-sale solutions are becoming increasingly popular. Some tablet POS platforms include credit card processing for “free,” while others charge a nominal monthly subscription price but let you choose your own credit card processor.
3. Terminal POS systems
Point-of-sale at the end of the line. These are the kinds of systems you’re used to seeing at the counter. While they are hardware and software-based, the majority of them still require internet access and may even use cloud-based software. They’re frequently marketed as all-in-one packages that incorporate barcode scanners, cash drawers, and other features.