As technology emerges yet again into another world we as retailers are under the thumb of the patron. Many times we think that upgrading will cause problems with our current systems and it can be costly, although the benefits seem to outweigh the expensive costs when it comes to new advancements in technology.
Emerging with the POS systems are the new VeriFones that will be able to us POS systems in place of credit cards, checks and other means of payments. The problem is that it would need to be widely accepted by retailers for it to work. The VeriFone would work in place of the physical credit card for easier and faster check out. This may be the new wave of the future for payments.
This may only work if there are already retailers on board with the capabilities of using the verifone. It also may help if there were a “rewards” card or some type of incentive to get our patrons to use this new way of paying. All of the glitches need to be worked out because with peoples credit information they are not so willing to just use it for anyone. They need the confidence that their information is secure and safe. This can all happen with the new POS systems.
1. Keeping tabs: Restaurant corporation integrates video with POS system – Information regarding the ease and capabilities of the POS systems used in restaurants, according to David Starmer this is a great way to help with loss prevention, integrating the POS system has helped with time, loss prevention, surveillance, as well as ordering and a lot of help with extra “eyes” to watch the cash flow in the business.
2. VeriFone puts money near mouth, says it’ll include NFC in all new POS terminals – Continue to upgrade your business to keep up with the changing times. This VeriFone idea could very well be the lead of the next best thing. Keep your business in the running by changing your system to accept this type of sale, allow patrons to pay with ease and stay ahead of the changing technology to better succeed in your business.