How to Choose the Best POS for Your Retail Business

Whether you’re a shop owner, work at a restaurant, or run another retail business, you’re going to need a point of sale (POS). But how do you know which POS to choose? This handy guide will help you understand what type of POS is the best for your business.

Here are some questions that you should answer when considering which POS to buy.

  1. How large is your business?

Small, medium, and large businesses have different needs when it comes to POS systems. A big business may need an ERP connector and several POS devices, while a small business might be fine with just one or two devices.

  1. Where do you usually interact with customers?

Do you interact with customers solely at the checkout counter or do you go out onto the floor to chat with them and answer their questions?

  1. How mobile are you?

Do you run your business from one brick-and-mortar facility or do you travel around and need to accept payments from anywhere?

  1. How much is turnover time or long lines a factor in your business?

Do your customers stand in line for a long time at checkout? Do customers waiting to pay for their meal affect the turnover time at your restaurant?

  1. How often do customers request printed receipts?

Is it important for your customers to receive a physical receipt or are they okay with receiving a digital one via SMS or email?

  1. Does your business accept cash as well as cashless payments?

The types of payment methods you accept will affect where and how you can help a customer complete a sale and which POS you need.

With these questions in mind, you can now choose the best POS for your business.

Ask us about our POS solutions

 

Types of POS

There are many types of POS systems, each with different features that answer the needs of all kinds of businesses.

Countertop POS

nova 156 countertop POS

A countertop POS is probably the type of POS that we’re most familiar with. This POS exists at every store, supermarket, and many restaurants. A countertop POS is ideal if:

  • You have a large business and need an ERP connector
  • You mostly interact with customers at the checkout counter
  • You have a brick-and-mortar business located in a known place
  • Turnover time and long lines are less of a concern for you
  • Customers purchase several items for which you need a barcode reader
  • Customers often request a printed receipt
  • You need to accept both cash and cashless payments

Hybrid POS

How to Choose the Best POS for Your Retail Business

A hybrid POS fulfills most of the needs of a countertop POS, but also provides you with a way to be mobile. With Nayax’s Nova 116 Flip, for example, you can interact with customers at the checkout counter or on the shop floor by detaching the tablet from the POS. Hybrid POS devices are ideal if:

  • You have a small or medium business or work at a large retail chain
  • You interact with your customers both at the checkout counter and on the shop floor
  • You want to be able to check inventory and prices on the shop floor, while you’re talking to your customers
  • You have a brick-and-mortar business located in a known place
  • Your customers want to see their order summary before paying (you can flip the tablet to face the customer at the checkout counter)
  • Customers often request a printed receipt
  • You need to accept both cash and cashless payments

Ask us about our POS solutions

 

Mobile POS

handheld nova 55 pos device

A mobile POS is a handheld device that enables you to accept payments anywhere. Nayax’s mobile POS devices, Nova 45 and Nova 55, have a long battery life which makes them ideal for mobile businesses such as food trucks, stands at a farmer’s market, and more. The Nova 55 also has a larger screen than the Nova 45, and prints receipts on the spot.

Mobile POS devices are also ideal for restaurants because they shorten the turnover time as waiters are able to bring the payment device with them to the table along with the check, allowing diners to pay on the spot. These devices can be paired with a countertop device in any store or retail setting, allowing sellers to interact with customers on the store floor, check prices and inventory levels, and even accept cashless payments in case the checkout line is long. You’ll want a mobile POS if:

  • You have a small or medium business
  • You work at a large retail chain and want to incorporate handheld devices into your POS mix to support your countertop devices
  • You want to be able to check inventory and prices on the shop floor, while you’re talking to customers
  • You have a mobile business
  • You accept cashless payments

Features of a Nayax POS System

When you purchase your retail POS from Nayax, you will receive a myriad of tools to help support your business. You can manage inventory, employee time sheets, and much more from the Nayax Retail Management Cloud. You’ll also be able to provide your customers with a true omnichannel experience with marketing tools such as Weezmo.

Want to learn more about Nayax POS devices? Contact us today.

 

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¡AVISO IMPORTANTE AL PÚBLICO EN GENERAL!

NAYAX no es una empresa que promueva inversiones y/o negocios multinivel.

Le informamos que nuestro equipo ha detectado un modo operativo de estafa a través de diversas páginas de internet, tales como https://mexinvestdigital.com/ y otras, las cuales utilizan de manera ilegal el nombre y marcas de NAYAX, con el fin de ofrecer al público un esquema de negocio multinivel*en el que supuestamente se generan comisiones a través de rentas de máquinas expendedoras de productos.

Lo anterior ha sido puesto en conocimiento de las autoridades correspondientes con el objeto de ejercitar acción penal en contra de quién y/o quienes resulten responsables.

Atentamente nos permitimos recordarle que NAYAX es una empresa de tecnología financiera que ofrece un sistema operativo y una plataforma de pago integrales para muchos minoristas.

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