What is a Mobile POS System: Complete Guide

Financial transactions in businesses, such as general stores and restaurants, go far beyond just receiving money from the customer. After all, it is necessary to record and monitor cash flow, in addition to inventory and other internal processes. Solutions like mobile POS system (mPOS) exist to simplify these jobs. What do you need to make a sale in your store or restaurant? The essential thing, at first glance, is the product — for which the customer will offer the money you will receive . The issue is that, for those who work in sales, financial transactions end up not being so simple… Which creates other needs : record and track your sales over time; have control over cash flow, by day, week and month; issue invoices, complying with legal obligations; synchronize sales with inventory, finance and accounting.

Mobile POS or Card Machine?

Furthermore, more and more people are making purchases with a credit or debit card , with the most varied brands available on the market. This, in itself, already leads to the need to have a card machine. The other functions mentioned above are related to another essential equipment for those who have a business: the POS cashier system . The POS system is essential for recording your sales, integrating with other programs that allow full control Greece Phone Number Data of your business. Also read: What is the best POS system to use in your store On the other hand, it is understandable that entrepreneurs who started recently do not have the resources to hire all the systems — even if they understand that they are necessary. It is in this context that integrated solutions gain strength: it is possible to optimize resources without losing functionality.

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What is mobile POS system or mPOS?

One of the best examples, in this sense, is the mobile POS system . Also called mPOS, it integrates the card machine with the cashier/POS system in a single piece of equipment, at a reduced cost . Continue reading to find out more about him. What is mobile POS system or mPOS In short, POS is an acronym in English for point of sale – or POS, in Hong Kong Phone Number plain Portuguese. It is the solution we mentioned previously, used to process sales and payments received at that cashier. This is not a new thing. Just remember the old cashallowed the modernization of the cash register … But the principle is the same: a place with equipment that organizes and processes sales, so that you can analyze reports and organize other internal company issues, such as stock, customer flow, finance and accounting.

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