EPoS (Electronic Point of Sale) Technology News

EPOS or Electronic Point of Sale software is found in the majority of retail businesses. An EPOS system generally consists of a VDU (Visual Display Unit) and a PC and the system may also include additional equipment such as a scanner or a printer, depending on the requirements of the business. A traditional EPoS system is where the software is deployed locally on the till hardware and is generally found at the 'checkout' of a business, but can be linked to other terminals in the 'back' of the business and can even be linked to the business' website. 

RSS

58% of Food Operators to go Self-Serve as Brits Get the Taste for Kiosk Ordering

1 58% of Food Operators to go Self-Serve as Brits Get the Taste for Kiosk Ordering

Within the next twelve months, kiosks will be mainstream in the UK quick service restaurants (QSR), fast food and the casual dining market, according to the first UK research into consumer views and hospitality sector plans.

Eurostop achieves French fiscalisation certification for its retail POS software

2 Eurostop achieves French fiscalisation certification for its retail POS software

Eurostop has achieved certification for its retail POS software, e-pos touch, to comply with French fiscalisation laws. As a result of the certification awarded by INFOCERT, the largest certification authority in Europe, retailers using Eurostop’s software will be able to trade in France and show the tax authorities that they comply with the French tax law.

Radius Payment Solutions acquires Reliance IP Networks

3 Radius Payment Solutions acquires Reliance IP Networks

Radius Payment Solutions has announced the acquisition of Macclesfield based business telecoms provider, Reliance Networks, marking its seventh deal in seven weeks.Established in 2009, Reliance Networks are a service focused company specialising in the design, installation and support of leading-edge communications solutions.

Discover remains the most widely accepted card scheme worldwide

4 Discover remains the most widely accepted card scheme worldwide

The influence of China on global card acceptance is shown by the fact that Discover is accepted at more outlets than Visa and Mastercard as a result of agreements with UnionPay and other schemes

Independent designer fashion retailer Zee & Co grows business with Eurostop retail systems

5 Independent designer fashion retailer Zee & Co grows business with Eurostop retail systems

Successful family-owned business renowned for bringing designer fashion to the high street streamlines fulfilment in newly expanded warehouse operations with Eurostop solution

New line of premium mounts simplifies assembly process with quick slide-and-click connections

6 New line of premium mounts simplifies assembly process with quick slide-and-click connections

StarTech.com has announced the introduction of a new family of premium monitor mounts that provide space-saving, display mounting solutions. These new monitor mounts incorporate an innovative quick slide-and-click feature that saves time in the assembly process. Ideal for customer-facing environments where appearance matters, these mounts offer superior construction and a premium finish without the premium price tag.

The Importance of Networking in Retail

7 The Importance of Networking in Retail

By Patrick Vernon, freelance writer.

It’s fair to say businesses thrive and grow through the cooperation of others, so networking is a key activity in building and maintaining constructive working relationships.

Fashion chains invest in new POS software to modernise the customer experience

8 Fashion chains invest in new POS software to modernise the customer experience

Global POS Software 2019, the latest study by strategic research and consulting firm RBR, shows that there were more than 300,000 new POS software deployments in the year to June 2019. Most were store-driven, with new points of sale created either in existing or additional stores, but around a third was a result of retailers installing a different supplier’s software.

Retail Pro ranked top retail POS in market share, global reach, innovation and growth

9 Retail Pro ranked top retail POS in market share, global reach, innovation and growth

Retail Pro International’s cross-platform, cross-channel POS and retail management software Retail Pro ranked in IHL’s latest Retail Executive Advisory Program Research Study as number 1 retail mid-market POS in market share, global reach, innovation and growth.

Divido announces global partnership with Splitit for point-of-sale finance

10 Divido announces global partnership with Splitit for point-of-sale finance

Divido, the white label platform for point-of-purchase finance which is licensed by retailers and lenders, has announced a new partnership with Splitit Payments Ltd. (ASX:SPT), the global monthly instalment payments solution business. The partnership will see Divido offer Split’s monthly instalment payment solution to its customers.

EPOS or Electronic Point of Sale

By linking the EPOS system to the business' website, customers are provided with real-time information regarding stock, through the use of automatic stock control. Links to other terminals within the shop results in greater control over the business as a whole. Extended retail EPoS software facilities include instant messaging direct to point of sale, time and attendance management, a central document sharing facility, and cash/safe management. .Cloud based EPOS means retailers access it via the internet giving retailers real time access.

Electronic Point of Sale (EPOS) is a system that combines hardware and software to process customer transactions in a retail outlet. EPOS systems typically consist of a touchscreen computer, receipt printer, barcode scanner, cash drawer, and software.

EPOS systems can be used to track sales, manage inventory, and generate reports. They can also be used to accept payments from customers using a variety of methods, such as credit cards, debit cards, and cash.

EPOS systems offer a number of advantages over traditional cash registers, including:

  • Increased accuracy: EPOS systems are less prone to errors than cash registers, as they automatically calculate the total amount due and generate receipts.
  • Improved efficiency: EPOS systems can help businesses process transactions more quickly and efficiently.
  • Increased data insights: EPOS systems can generate reports that provide businesses with insights into their sales, inventory, and customer behavior.

EPOS systems are a valuable tool for businesses of all sizes. They can help businesses improve their efficiency, accuracy, and data insights.

Here are some examples of electronic point-of-sale systems:

  • Square
  • Shopify POS
  • Lightspeed Retail
  • Revel Systems
  • Toast

These systems offer a variety of features and pricing plans to fit the needs of different businesses.

If you are considering implementing an EPOS system in your business, there are a few things you should keep in mind:

  • The size and complexity of your business will determine the features you need in an EPOS system.
  • You need to choose a system that is easy to use and that integrates with your existing business systems.
  • You need to consider the cost of the system, as well as the ongoing costs of maintenance and support.

Editorial: +44 (0)1892 536363
Publisher: +44 (0)208 440 0372
Subscribe FREE to the weekly E-newsletter