A touch screen point-of-sale (POS) system is like a typical POS system, but the software operates on handheld devices and tablets, rather than traditional POS hardware. Touch screen POS systems are web-based and can synchronize in real time to a variety of other software solutions, enabling merchants to monitor their businesses from anywhere in the world. Continue reading “2021 Best Touch Screen POS Systems for Retail Merchants”
Toast is a software company that provides restaurants with point-of-sale systems, as well as a host of other products covering ordering, management, and payment solutions. Toast’s flagship product is its Android-based cloud POS, which offers restauranteurs an easy-to-use, efficient software suite and simple, modular hardware. The success of that POS drove Toast’s value to over $1 billion in 2018, and at its peak, the company employed over 2,000 people. But despite all that success, the platform has some significant drawbacks which have only been compounded by the tough economic times the restaurant industry has faced in the wake of the COVID-19 pandemic. Weighing those pros and cons is key to determining if Toast is the right POS for your restaurant, and we’ll take a look at both sides of the issue below.
American consumers are unquestionably big fans of credit, with almost a quarter of all purchases made using credit cards in 2019. But, while most consumers are comfortable pulling out their plastic and enjoying the benefits of accessible credit, the sting of high-interest rates can still be a major purchase deterrent – especially on large purchases. But, what if there was another way for consumers to quickly and easily access manageable credit right at the point-of-sale, without the need to fill out long applications or submit stacks of documentation? That low-friction credit option already exists. It’s in its infancy, but POS financing – installment loans provided to customers right at the cash register – could be the next big thing in consumer payments.
Contactless payment has become a hot topic in the wake of the global pandemic. Across the United States and around the globe, merchants who have previously relied on cash-heavy sales and traditional card payments are now faced with the pressing need to upgrade their systems and bring their transaction processing into the 21st century. But many of those merchants don’t yet fully understand the contactless payment ecosystem, or the benefits that going contactless can offer to their businesses. In this article, we’ll shed some light on those topics by looking at the basics of contactless payments, the benefits they offer to merchants and consumers, the current trends in the industry, and the major factors merchants like you should consider when making the decision to switch.
With businesses getting ready to spool back up in the wake of nation-wide shutdowns and restrictions, many merchants will be firing their POS systems back up for the first time in months. But are they firing up the right POS? The amount of variation in POS systems available on the market is immense, with each offering specific strengths and weaknesses. That makes it important for merchants to regularly ask themselves whether the POS they have is still serving their needs adequately, and the following are five of the most important reasons it might be a good time to consider a change. Continue reading “Should You Consider Switching Your POS – Five Reasons it Might Be Time to Make a Change”
COVID-19, during late 2019, a novel coronavirus emerged in Wuhan, China. The world watched with curiosity as the Chinese government locked down the city to contain the spread of the disease. In 2002/2004, the CCP managed to stop the spread of the first SARS coronavirus, with the virus taking less than a thousand lives. Continue reading “5 Solutions to Help Hospitality Industry Survive COVID-19”
Clover is a popular POS system that provides both software and hardware solutions to merchants in industries like retail, service, and dining. In addition to their leading POS application and sleek hardware options like the Clover Mini and Clover Flex, the company also has an app store offering a huge variety of native and third-party applications. The following are four of the most popular and most useful of those apps available to merchants in 2020, but there are hundreds of options available for download, covering everything from inventory management, to fundraising, to games for customers.
In late 2019, a bipartisan bill was introduced to the United States Senate designed to seize back control over valuable user data from tech giants and return it to the users themselves by boosting portability. The Augmenting Compatibility and Competition by Enabling Service Switching Act, or ACCESS for short, aims to stop tech companies from walling off user data, making it harder for users to migrate their information from platform to platform, and, in some cases, even trapping them into certain ecosystems by making it too expensive to switch. While the bill legislation is primarily aimed at social media giants like Facebook, it has wide-ranging potential impacts, including on point-of-sale systems and the merchants that use them.
In part one of this article, we examined Toast’s discounting and billing structure and how it impacts merchants. Essentially, Toast offers significant discounts to restaurants on hardware and software but then charges significantly inflated transaction fees, which wipe out any other savings for restaurants doing any kind of significant volume. In part two, we’ll look at the functionality of Toast POS, what it does well, and where it leaves restauranteurs wanting more in comparison to its competitors.
Toast POS is a cloud-based restaurant POS provider and payment processor that offers restaurants a variety of POS options built on an Android framework. Toast has been growing rapidly since it launched its POS platform in 2013, and many restauranteurs are drawn to Toast both for its simplicity and the attractive pricing offers the company makes to new clients. But, despite its success, Toast POS has some notable drawbacks that make it a good choice for some restaurateurs, but a terrible choice for others. In this two-part article, we’ll examine some of the pros and cons of Toast and how it stacks up against some of the other competition.