The opportunities for merchants to sell their products have expanded far beyond the limits of a sales counter. With mobile device usage now more popular and prominent than ever, vendors with smartphones can harness the power of internet data to process payments quickly and securely wherever they are.
With “pop-up” store concepts, food trucks, and small merchants on the rise, these small business owners need a streamlined, effective way to process payments—this is where mPOS solutions come in. A modern mPOS solution provides small business owners with a sleek mobile system that is easy-to-use, secure, and elevates the customer experience.
Below we discuss the top four ways mPOS solutions unlock a small business’ potential.
1. They Expand Payment Acceptance Capabilities for Small Merchants
For years, many merchants ran businesses with a “no credit card” sales policy due to prohibitive costs of payment processing services (PPS). The available POS equipment was limited, technically challenging, bulky, and oftentimes expensive. With today’s technological advancements though, many people no longer carry cash, so having credit card restrictions that deter potential customers has become an unviable business decision. With an mPOS solution, business owners can start selling right away at a new locale without internet service, a POS terminal, or peripheral equipment, such as a printer.
2. They Provide Agility and Maximum Spatial Allowance
Mobile merchants must carry everything they need to open and run their business each day within a limited space. Not only is space limited, but typically resources, staff, and time are limited too. Needing to budget their time and resources in the most effective way possible, mobile merchants are always looking for ways to consolidate processes, which is a specialty of mPOS solutions.
The cost of traditional POS equipment can be pricey, and gaining access to enough wall outlets to run cabling can take time and become a logistical hassle. An mPOS solution is simple and requires very little space—given that they fit in the palm of your hand and can be stored in your pocket—allowing you to maximize the space you do have to showcase your products and services better, and create a more welcoming environment for customers. Plus, they can quickly be set up and shut down with a few clicks of a button.
3. They Have User-Friendly Interfaces
Traditional POS systems are not built-to-order. Business owners can sometimes find themselves choosing between display options that fulfill different but equally important requirements, resulting in a solution that isn’t truly the best fit.
Plus, restrictive user interfaces can be a major hindrance to process flows, which can lead to daily operational frustrations. An mPOS app is designed to dynamically adapt to your mobile screen. The familiarity and simplicity of a mobile phone’s display make completing transactions a user-friendly experience for both staff and customers.
4. They Are Able to Grow Alongside Your Business
You should always be able to scale your POS solution to meet more demand as your business grows. Higher sales volumes, more products, and additional employees all increase the need for efficient management techniques. With an mPOS solution, you can seamlessly link the sales data between your mPOS service and the software on your cloud-based POS terminal, accommodating more sales channels, volume, and growth.
Explore What mPOS Solutions Can Do for Your Business
When small business owners are ready to take their business mobile, their POS equipment shouldn’t stand in their way. With mPOS solutions, the sales landscape is limitless, allowing you to bring your business wherever you want to go. All it takes is an mPOS software download and a chip-reader insert to offer customers a quick, easy, and secure point of sale solution.
When you partner with talech for your mPOS solution needs, we devote our time to first identifying your business challenges. We use this information to work with you to apply an innovative mobile POS solution that will elevate your business to a new competitive tier.
