Retailers have become acutely aware of the detrimental impact that outdated legacy point of sale systems are having on their brand's reputation and overall customer satisfaction. The consequence is evident in prolonged queues and an unsatisfactory shopping experience. However, the remedy to this challenge presents itself in the form of a modern solution: the mobile point of sale (mPOS).
Forward-looking brands are embracing the concept of prioritizing mobile-first POS systems as the natural progression, and the integration process is surprisingly straightforward – a seamless extension to existing point of sale infrastructure.
The mPOS solution offers a remarkable advantage by transforming lightweight handheld devices into functional points of sale. This innovation not only equips customers and store associates with unprecedented freedom and flexibility but also greatly enhances convenience throughout the purchasing journey.
With nearly $40 billion of sales lost each year due to long checkout lines, brands and retailers stand to benefit significantly if they can improve the checkout process. Digital mPOS systems are convenient, fast and hugely beneficial in terms of the overall customer experience.
Cut waiting time in half during busy periods and provide convenience for customers with line busting that accepts all forms of payment including credit card, Apple Pay and Android Pay.
Accept payments using the power and convenience of an iPhone - without any additional terminals or hardware needed. Leverage the same built-in security features of an iPhone to ensure data is kept secure.
Customers can use all major credit or debit cards, gift cards, cash and contactless payments from debit, credit or digital wallets. Offer added flexibility with split and multi-tender mobile payments. Together with payment partners Klarna and Affirm, retailers on the Modern POS can also provide customers with the option to buy now, pay later.
Facilitate cash payments with a mobile point of sale, streamlining the payment experience. With the Modern POS, store devices are wirelessly connected to a cash drawer so payment can be taken from anywhere in-store, leading to a higher engagement and conversion rate with customers. According to research released by Capterra, “48% of retail workers prefer using mPOS”.