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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Flexible antimicrobial surface covering from Alanod protects retail businesses against coronaviruses and bacteria

1 Flexible antimicrobial surface covering from Alanod protects retail businesses against coronaviruses and bacteria

Alanod, the manufacturer of specialised coated metal surfaces, has launched MIRO CU. This copper-coated antimicrobial surface covering is designed to protect retail staff and customers against the transmission of bacteria and viruses, including coronaviruses.

Adding protection and wellbeing in consumer environments. Ergonomic Solutions introduces an antimicrobial coating to its SpacePole Technology Mounting Solutions

2 Adding protection and wellbeing in consumer environments. Ergonomic Solutions introduces an antimicrobial coating to its SpacePole Technology Mounting Solutions

Ergonomic Solutions provides an added layer of protection across its product range designed to repel bacteria and offer an enhanced sense of wellbeing to customers at the POS, payment and service points, where the company’s solutions are installed in future.

Large surge in demand for money apps amid environmental fears and Brexit changes

3 Large surge in demand for money apps amid environmental fears and Brexit changes

Growing demand for green, paperless banking and fears over post-Brexit rule changes have triggered a “monumental surge” in enquiries for money and challenger bank apps, reveals deVere Group, the independent financial advisory and fintech organisation.

Ingenico reveals end-to-end vending solution that enables a faster and seamless way to pay

4 Ingenico reveals end-to-end vending solution that enables a faster and seamless way to pay

Ingenico Group, the global provider of seamless payment solutions, has launched Smart Self for Vending, an intelligent end-to-end solution dedicated to improving customer journeys in all unattended environments.

New research shows how COVID-19 has changed UK consumers’ payment habits

5 New research shows how COVID-19 has changed UK consumers’ payment habits

Survey shows that consumers have embraced contactless payments in a big way during the global pandemic.

A new survey of UK consumers indicates that COVID-19 has had a huge impact on the ways that people are paying for goods and services offline. 

Mobile transaction volume to recover from a COVID-driven decline of 8.7 billion in 2020, returning to pre-pandemic 2019 levels by 2022

6 Mobile transaction volume to recover from a COVID-driven decline of 8.7 billion in 2020, returning to pre-pandemic 2019 levels by 2022

A new study from Juniper Research has found that mobile ticketing transaction volume, including tickets purchased via contactless, in-app, and mobile messaging, will recover to pre-pandemic 2019 levels by 2022.

Openpay makes marquee signing with Fulham Football Club

7 Openpay makes marquee signing with Fulham Football Club

Openpay, the UK’s latest next-generation, interest-free payment solution, has announced Fulham Football Club as the latest addition to its merchant roster, with Fulham becoming the first football club to be supported by Openpay’s ‘Buy now. Pay smarter’ payment plans.

Card payments take flight in the Falkland Islands

8 Card payments take flight in the Falkland Islands

Launched as part of London Tech Week, Square, Mastercard and the Falkland Islands Government have announced a new partnership, Connecting the Falklands, solving one of the greatest challenges facing the Islands' small and medium-sized businesses – accepting card and digital payments.

Teledyne e2v’s new optical module ideal for scanning, embedded imaging and IoT applications

9 Teledyne e2v’s new optical module ideal for scanning, embedded imaging and IoT applications

Teledyne e2v, a Teledyne Technologies company and global developer of imaging solutions, has expanded its product portfolio with a 2 Megapixel compact module featuring a pre-focused, industrial-grade scanning optic. 

Planet partners with Checkfer to deliver digital and safe payments for consumers

10 Planet partners with Checkfer to deliver digital and safe payments for consumers

Payments company Planet supports the safe reopening of the Hospitality and Food & Beverage sector across the UK in partnership with Checkfer’s technology platform OrderPay.

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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