Competition between vendors to provide POS software remains fierce, with more than 125 suppliers working with major retail and hospitality chains, according to Global POS Software 2023, the latest study from strategic research and consulting firm RBR Data Services, a division of Datos Insights.
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.
Retailers seek adaptable POS software to enhance customer experience
Nov 15, 2023
The number of POS software installations at major retail and hospitality operators worldwide surpassed 9 million as of June 2023, according to a new study from strategic research and consulting firm RBR Data Services, a division of Datos Insights.
Diverse range of suppliers compete in growing EPOS market
Oct 09, 2023
There were more than two million programmable EPOS units delivered worldwide last year, according to Global EPOS and Self-Checkout 2023, a brand-new study from strategic research and consulting firm RBR Data Services, a division of Datos Insights.
Divido bolsters merchant capabilities to supercharge checkout finance experience ahead of the Golden Quarter
Sep 19, 2023
Checkout finance provider, Divido, has launched two new product capabilities ‘Divido Analytics’ and ‘Split Capability’, allowing merchants to have greater understanding and flexibility over their checkout finance experience.
PacSun elevates shopping experience with Manhattan Active Point of Sale
Aug 30, 2023
Manhattan Associates Inc has announced that PacSun, the specialty retailer of emerging youth brands and trending fashion, has selected Manhattan Active Point of Sale to enhance its omnichannel sales strategy and deliver a seamless, unified customer shopping experience.
Established vendors and new entrants compete in buoyant self-checkout market
Aug 21, 2023
2022 was the second highest year of activity in the global self-checkout market, according to a brand-new report from RBR Data Services, a division of Datos Insights. Global EPOS and Self-Checkout 2023 shows that with an ever-wider range of retailers embracing the technology, competition in the market remains fierce.
FitFlop partners with Adyen to transform its digital consumer journeys
May 09, 2023
Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, has entered into a partnership with FitFlop, the ergonomic and wellness footwear company.
Deko launches latest version of its flagship product providing a tailored checkout finance experience for shoppers
Apr 24, 2023
UK retailers will now be able to offer an enhanced finance experience to consumers following the launch of Deko’s latest version. The solution is the fully managed end-to-end checkout finance product from Deko, the multi-lender Buy Now Pay Later (BNPL) platform.
Retail Technology Show 2023: Retail Express to join leading tech innovators
Apr 18, 2023
Q&A with Ed Betts, Retail Lead Europe at Retail Express, who considers ahead of the show the role of intelligent merchandising technology and its critical place in the future of retail
Tillerman launches insight tool to help wholesale brands to better understand POS data
Apr 11, 2023
Tillerman, the retail technology and data analytics provider, has launched Tillerman Insight, a custom interactive and visual dashboard that allows retail brands and wholesalers to better understand and then act on their point-of-sale (POS) data.
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.
