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. 

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95% of modern workers experience audio pain points which impact concentration and efficiency

1 95% of modern workers experience audio pain points which impact concentration and efficiency

The rise of the open plan office; good for collaboration, but not without its distractions and costs. According to new research by global market research firm IPSOS and high-end audio brand EPOS, 95% of audio end-users and decision makers experience pain points relating to sound that affect their concentration or efficiency at work.

Supermarket self-checkouts and card machines can contribute to spread of Covid-19

2 Supermarket self-checkouts and card machines can contribute to spread of Covid-19

Will Broome, CEO of Ubamarket, discusses the importance of convenience and hygiene amid Coronavirus fears and discusses role of tech in retail.

Mismanaged mobile technology is costing retailers - it’s time for a change

3 Mismanaged mobile technology is costing retailers - it’s time for a change

By Gary Lee, Chief Revenue Officer at the mobility specialists, B2M Solutions.

Retail workers today depend on mobile devices. Whether to scan barcodes for inventory management, or more sophisticated uses of mobility including mobile point-of-sale (POS) system, mobile returns, and endless-aisle applications, front line retail workers as well as warehouse personnel need their mobile devices to be fully operational at all times.

Coronavirus - hospitality industry impact (Lolly)

4 Coronavirus - hospitality industry impact (Lolly)

Here, Peter Moore CEO of Lolly, talks about the impact of the Coronavirus on day-to-day operations.

Atheon Analytics to supply SKUtrak platform to Morrisons so it can provide operational data to suppliers

5 Atheon Analytics to supply SKUtrak platform to Morrisons so it can provide operational data to suppliers

Atheon Analytics is to supply its SKUtrak platform to Morrisons so it can share more operational data with suppliers. The new Morrisons Supplier Database, which will utilise SKUtrak  will enable suppliers to quickly view and interact with sales and supply chain performance data; helping Morrisons and their suppliers to improve availability and reduce waste.

Star Micronics launches SteadyLAN for iOS to provide reliable network access for iPad POS

6 Star Micronics launches SteadyLAN for iOS to provide reliable network access for iPad POS

Star Micronics, the manufacturer of mobile, point of sale (POS), and customer engagement technologies, as introduced SteadyLAN, claimed to be an industry-first solution designed to provide power and network access to iPad POS through one Lightning cable connection.

Technology integration: The vital centrepiece at the heart of great customer engagement

7 Technology integration: The vital centrepiece at the heart of great customer engagement

With retail no longer limited to the sales floor, retailers recognise that each interaction is now much more than a transaction. The traditional checkout remains important, of course, but customers expect fast, easy, personalised service – regardless of location, device or platform – at every touchpoint.

CashComplete to Demonstrate Unified Cash Management Process at EuroShop 2020

8 CashComplete to Demonstrate Unified Cash Management Process at EuroShop 2020

SUZOHAPP – a global market leader of software and hardware payment management solutions – will be exhibiting at EuroShop, the world’s largest retail trade fair from February 16-20 in Dusseldorf, Germany.On display at booth #6A75 will be the market leading CashComplete™ line of payment management solutions.

Hidden Talents uncovers innovation, collaboration and integrations to support its growth with Epos Now

9 Hidden Talents uncovers innovation, collaboration and integrations to support its growth with Epos Now

Hidden Talents, a branding and communications agency based in Holt, Norfolk, specialises in providing brands with the tools they need to grow and thrive within the hospitality and online retail sector.

Contactless payment transactions to reach US$6 trillion globally by 2024, fuelled by increased card use

10 Contactless payment transactions to reach US$6 trillion globally by 2024, fuelled by increased card use

New data from Juniper Research forecasts that global contactless transaction values will reach nearly $6 trillion in 2024, up from $2 trillion in 2020. It found that this increase will be driven by significant growth in OEM Pay and contactless card transaction values, especially in the US.

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.

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