Are you using mobile POS for your business transactions?
Don’t get ahead of yourself now – I wasn’t referring that first thing that came to your mind. I’m gladly referencing the acronym Point of Sale, which is the manner in which businesses handle their transactions. For most brick and mortar businesses, point of sales are usually through a standard cash register (I say standard lightly on eggshells – there are some that go RETRO in their registers of choice – and I don’t blame them).
However, nowadays the ability to have mobile point of sale devices through a tablet, appropriate laptop or a mobile phone is helping businesses process more transactions, faster transactions and easier transactions. This is all done through a card-reading, scan-accessible attachable portal that clips to your device. The concept is simple: create an environment where a customer feels like the transaction is easy, welcoming and effective.
Square, a leader in the mobile point of sale industry, created a beautifully developed App and corresponding attachment card reader that is already pleasing enough when seeing it. The company has done an amazing job in marketing their products to many local businesses in additional to corporations for better sales processes and ability to interact with the customer as a sales associate with more of a helping hand.
While there are businesses that may continue to stick with traditional transaction methods, the percentage of businesses able and currently using Square and mobile point of sale readers are at their all-time high right now. In fact, in a recent study by the AMA, businesses that implemented mobile POS for their companies have seen an increase of 5-10% overall profit, which is huge for any business. LBC Auto Detailing, a company offering mobile auto detailing in Long Beach, have used these on-the-spot card readers and have an easier time with their accounting while actually cutting out other services and increasing the rate of transactions to overall customers in the store.
The potential for these readers to work for your business are fairly high. Are you currently using mobile point of sale readers for your day-to-day transactions? It might be worth the investment.