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POS Trends and Predictions Worth Exploring

Posted In Business - By Techtiplib on Sunday, August 31st, 2014 With No Comments »

The point of sale system is always going to change over time. The big question involves figuring out just how it’s going to move in the next direction. With so many things coming into the point of sale world, including POS software, there are many places that it could head off into. This listing of trends and other potential changes show just how the POS world might move along in the near future.

Mobile POS Systems Will Evolve

The mobile POS system will continue to move forward to enhance the shopping experience. In many cases it might make for an easier trip. An example comes from a drive-through restaurant where a person will take one’s credit card information at the kiosk one orders from, thus keeping the user from having to hand over cash or a card to an employee. It can save the customer time and make it easier for a transaction to be made. 

Also, the use of digital card readers that will attach to smartphones and tablets will continue to evolve. This may be useful in cases like at a sporting event where a drink vendor can take in cards instead of being stuck with only having the option to take physical money. If digital card readers and other mobile systems work then businesses can thrive as customers will be more interested in spending money because they will easily have it ready. This is a part of point of sale systems that can really be influential.

POS Trends Mobile Currency Will Top POS Trends

Mobile currency can be used to link one’s physical currency with a digital connection. PayPal and Google Wallet have become highly popular payment methods over the years as they link to bank and checking accounts and can get money transferred into a mobile account. The money can then be moved over immediately upon a transaction. It gets items paid for without having to use credit or debit cards.

PayPal and Google Wallet should become more popular among payment options as more people start to use them. In fact, many Walgreen’s drugstores in the United States are using Google Wallet for in-store payments right now. It’s only a matter of time before more places start to use it.

Digital Currency Could Be Big

It’s unclear as to whether the Bitcoin will continue to be big but there is a potential that digital currencies like the Bitcoin could be accepted by more software programs and retailers in the future. Some online retailers like Aliexpress.com and Word Press already accept this digital currency option.

There is a potential for physical stores to start going along with these digital currencies as they continue to exist in society. Naturally, a card that links to a Bitcoin account would be required as the Bitcoin does not exist in a physical form. 

Predictive Technology Will Be Used 

Predictive technology involves reviewing different actions that one is engaged in or has been involved with in the past and creating ideas or programs based on what that person might end up doing as a result. point of sale software can start to use predictive technology like facial recognition technology to identify what customers may want to get at a POS station. This will encourage the sale of more items that are typically used as impulse purchases.

On a related note, this technology can print out coupons based on what that person has bought. If the customer has a file with a store through the form of a rewards or loyalty club then the transactions listed on that file may also be utilized by the POS station to create new messages that are relevant to the customer, thus adding even more to the process. 

Ordering Ahead Will Become Popular 

No one wants to wait in life to buy things anymore. People have busy lives and want to get in and out. Order-ahead functions will become more prominent at POS stations. This is where someone can go online, enter information on what one wants, pick it up at a POS station and then pay for the product at that said station. It facilitates the transaction and makes it much easier for a POS spot to get business. It will link up carefully with those who really want to get what they need right then and there.

Will These Changes Take Place?

Considering the ways how the general public has been changing its attitudes with regards to shopping and buying products, there is a potential for these changes to really stand out and make an impact on the world of commerce in some way. If the customer trends that are being explored right now are considered for a while then there will be a realistic potential for the current POS environment to evolve.

 What businesses can do today is to prepare for such changes and to start researching things that can be done as a means of facilitating an enhanced sense of support for digital currency, ordering ahead and other functions. The key is for the businesses that develop these programs to get a better sense of what can be done in the current POS environment as a whole. 

These POS predictions may be tough to figure out in terms of whether or not they will be accurate or true in the future. Still, there is a realistic potential for the POS world to really make a change and evolve as society moves along.

POS Trends ImPOSImPOS specializes in hospitality Point of Sale. They can create and tailor for what you need if you have a café, winery, restaurant or a bar. They are experts in this field and can show you how to create the best experience for you customers and your staff. Follow them on Google+ or find out more at www.impos.com.au.

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