With small businesses like restaurants, salons, retail and mom and pop businesses searching for new and innovative ways to make their businesses more efficient, many are turning to technology to impact their both top and bottom line. One of the latest technology trends gaining momentum in the micro and small business space is the use of POS (point of sale) solutions and more so in the mobile space especially in the developing nations. With the increased popularity of wireless networking and the decreased cost of smart phones and tablets, lots of businesses are adopting such solutions. In the hospitality industry, a mobile POS solution enables to improve efficiency by in so many different ways – taking orders, ringing sales, busting lines, and processing payments tableside.
With the advent of mobile POS solutions, businesses can complete a variety of business processes and conduct transactions from anywhere. Mobile POS solutions are ideal for any environment in which POS functionality is needed in the field. Traditionally, most people have experienced some form of mobile POS at flea markets, farmers markets, or stadiums. Today, mobile POS is gaining momentum in various retail and hospitality environments, such as salons, quick service restaurants, bars, cafes and coffee shops, nightclubs, stadiums, trade shows, and many other areas where mobility is essential to providing quality customer service.
We’ll analyze the business benefits a small business can reap through the adoption and implementation of a mobile point of sale (POS) solution. Specifically, we will discuss how a mobile POS solution can help your business improve operational efficiency and also how your customers benefit from the experience.