What is mPOS? The definition of mobile Point of Sale made ...
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mPOS stands for mobile Point of Sale. It is a mobile device, smartphone or tablet that works as a cash register or traditional POS terminal ... myPOSblog Tips WhatismPOS?ThedefinitionofmobilePointofSalemadesimple Tips / 23.04.2021 mPOSstandsformobilePointofSale.Itisamobiledevice,smartphoneortabletthatworksasacashregisterortraditionalPOSterminalwirelessly. mPOSisusedbymerchantsthatneedtoreceivepaymentsonthego.Forexample,anytaxidriverorprofessionalserviceproviderslikelawyers,mechanics,plumbers,etc. TableofContents WhatisthedifferencebetweenmPOSandPOS? HowdoesmPOSworkandhowcanitimproveyourbusiness? HowtochoosethebestmPOSdeviceforyourbusiness WhatisthedifferencebetweenmPOSandPOS? YouusuallyconnectclassicPOSdevicestoyourcountertopwithcablesforInternetconnectivity.Youcouldalsoplugthemintoawalltokeepthemfullychargedthroughoutthedaywhenyouacceptthemostsales.Inshort,theyoperateinafixedlocationandtheyuseamountedtouchscreenterminal,acashdrawer,andareceiptprinter. WithmPOS,thishaschangedthegameforgood.mPOS,asthenameimplies,enablesyoutocarryyourPOSdevicewithyouwhereveryouare.Whetherbetweentablesinyourrestaurantorinyourtaxicab,yourPOSdevicenolongerneedstobeconnectedtoadditionalhardwareforyoutomakefulluseofitandacceptpayments. HowdoesmPOSworkandhowcanitimproveyourbusiness? Thesedays,withmostconsumersturningawayfromcashsales,it’scrucialtoofferyourcustomersawaytopaywhichmakesthemfeelsafeandcomfortable.ThisiswheremPOSdevicescomein.mPOSdevicesworkjustlikeclassiccardreadersinthattheyacceptcontactless,magstripeandChip&PINpayments. Also,theyusuallyhaveabuilt-inInternetconnectionbyincludingaDATAcardforconstantInternetconnectivity.Thisway,itdoesn’tmatterwhetheryouownahairdressingsalon,aB&B,acourierbusiness,orsomethingelse–yourdeviceisconstantlywithyouanditisconstantlyconnected. BenefitsofmPOSeveryretailerneedstoknow TherearemultiplebenefitsofmPOSdevicesthatyouneedtoknowabout!Forstarters,theyofferadditionalfeaturessuchasinventorymanagement,discounts,card-not-presenttransactions,andemployeeaccounts.Theyarealsosecure,andthisisveryimportantintoday’sbusinessworld. mPOSdon’ttieyoudowntoasinglelocationandhelpimproveyourcustomer’sexperiencebynotonlyofferingmultiplepaymentoptionsbutalsospeedingupserviceandwaittimes. Youalsofreeupvaluableretailspaceonyourcountertop.They’reidealforbusinessesonthegoandtheyhelpacceptnewandinnovativewaystoacceptpaymentssuchaswithGooglePayandApplePay. What’smore,ismPOSsolutionscanbecost-effectiveforsmallbusinessownerswhodon’twishtoinvestheavyamountsintotheirPOSsystems. Finally,sincenocarddataisstoredonthemPOSdeviceandsincetransactionsareencrypted,thislimitsabusiness’sliabilityandcomplieswithprivacyandsecurityregulationssuchasPCIDSS. TopurchaseyourmPOSdevicefrommyPOS,youcangotoaphysicalstorenearyou,getitfromadistributor,orpurchaseitfromtheOnlineShop.Thelatteristhefastestwayyourdevicewillcometoyouandallyouneedtodoissignin,addyouraddressandshippingmethod,andaddthepayment. HowtochoosethebestmPOSdeviceforyourbusiness Youmightwonderhowtochooseapaymentdeviceforyourbusinesssincetherearesomanyoptionsavailableonthemarket.Hereareourtopchoicesforyoutoconsider: myPOSGo AtraditionalmPOSdevice,themyPOSGoisoneofthemostaffordablePOSterminalsonthemarketgoingatonly29GBP.Itissmall,yetversatile,andithasastrongchassisandadurablekeypadfortransactions.Youcanalsopurchaseaccompanyingaccessoriestocreateoneexceptionalbundle.WhilethemyPOSGoiseco-friendlyandpaper-free,youcanstillsendreceiptstoyourcustomersviaSMSoremail. myPOSCombo AnothertraditionaldevicethatcomeswithareceiptprinteristhemyPOSCombo.Durableandsturdy,itisoneofourbest-sellersandforgoodreason.Itofferscustombrandedreceiptsandhaslong-lastingbatterylife.YoualsogetconstantInternetconnectivitythroughabuilt-inDATAcardwhichcomesinthepackageabsolutelyFREE. myPOSCarbon Water-resistant,shockproofanddustproof,themyPOSCarbonisthenextgenerationofAndroid-poweredsmartcardreadersthatcomewithareceiptprinter,too.Ithasastrongbatterylife,offersalotofmemoryspace,andmakesforadurablepaymentscompanion. myPOSSlim Thelatestadditiontoourfamilyofsmartdevices,themyPOSSlimcomeswithabarcodescanner.Itisasturdydevicethatisultra-lightandeasytocarry.ItalsocomesequippedwithafreeDATAcardforInternetconnectivityacrossEuropeanditisidealforretailersandcourieranddeliverypersonnel. myPOSGlass myPOSGlassisaninnovativeappthatwaslaunchedinEuropein2020,whichturnsamerchant’sAndroidsmartphoneintoamPOSterminal.Youdon’tneedadditionalhardware,cables,ordonglestoacceptpayments–justyourphone!Thissolutionisidealforprofessionalsonthegoanditcomesintwoattractivepricingplans. QuestionsthatallmerchantsshouldaskthemselveswhendecidingwhichmPOStopurchase Doesthepaymentproviderofferaninstantsettlementoffunds?Doesthepackagecomewithafreebusinesscardtotransactwith?Isthereafreemerchantaccountinwhichyourfundsaresettled? Incaseyou’rewondering–myPOSanswertoallthequestionsisYES. Conclusion NowthatyouknowwhatanmPOSisandhowitcanbenefityourbusiness,you’rereadytochooseyourdevice.RememberthatatmyPOS,wehaveawiderangeofdevicesonoffertosuiteverybusiness’needs.Togetsomehelpinchoosingtherightpaymentterminalforyourbusiness,don’thesitatetoreachouttousbyemail. Sharethispost: Relatedposts Tips / 20.04.2021 Howtochooseacardmachineforyourbusiness[Hassle-free] ProductNews / Tips / 26.04.2021 Everythingyouneedtoknowabout3DS2.0 Contactus Weusecookies Weusecookiesandothertrackingtechnologiestooptimizeourwebsiteanddelivertargetedinformationtowebsitevisitors.Learnmore Alternatively,youcanmanageyourcookieshere. 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