After demonetization and the latest element in taxation called GST, “Digital India” is a vision that is gradually coming to fruition. “Paperless, and Cashless” is, in fact, one of the professed goals of Digital India. The demonetization move was obviously the first step towards going “paperless and cashless.” Until this campaign, India was an incredibly cash-centric society, wherein cash accounted for over 95% of all transactions! Almost 85% of workers were paid in cash, and even Uber India accepted cash, which this brand does not do in any other country except India! In case of small businesses, 90% of vendors didn’t even have card readers or the means of accepting electronic payments. All that is changing, in fact transforming fast! So, in such a fast-paced cashless world, what should your Point of Sale (POS) look like?

What does digitization mean for small retail businesses

Retail is swiftly going digital in India, and everything from payments, data-collection, and analysis, compliance to customer service, are all being digitized. If you run a small business like a Kirana store, a kiosk at a food court, a coffee shop, a sweet store, bakery or any such business, you need a system that will help you go digital seamlessly, integrating everything from GST to a modern Point of Sale (POS) experience for your consumers. That’s why you need a POS device equipped with everything that will help further your business, embrace digitization, and ensure that your consumers enjoy shopping at your store and keep coming back for more.

An ideal POS device will help you with a…

1. Perfect billing solution

To go digital, you need a POS device that has an easy-to-use, touchscreen-enabled interface for billing, allowing a quick turnaround time at the billing counters. The device needs to be affordable in keeping with the scale of your business. You now need a GST-ready billing solution to comply with the latest tax regulations. A plug-and-play POS device that acts like an all-in-one billing register would be an ideal and workable solution for a small business. Such a device should be easy-to-use and definitely user-friendly for even those who are using a digital system for the first time. That way you waste no time in getting acquainted with the system. It needs to be designed in a thoughtful manner, knowing specifically what businesses like yours need

2. A super-fast set-up

An ideal POS device also needs to enable a quick setup, thus saving precious time. Setting up the device and editing the system with menu items, categories, and prices must be super-fast. You should be able to get the device installed, set up, and working in a matter of a few hours! Now that’s what an absolutely user-friendly and new age system looks like.

3. Offers more than easy billing

A well-thought-out POS device will offer more than just easy billing. You need an ultra-fast retail solution. This should include built-in store inventory management, comprehensive analytics, and sales processing. The inventory management feature will help you keep stock of all your inventory in a clean and systematic fashion. A comprehensive analytics module will ensure that you can get multiple reports with a few taps and clicks. The reports must then help you understand how your business is performing on a day-to-day basis. If the POS device offers cloud integration, you can access the reports from any mobile device anywhere, and configure and commission the POS remotely! Such a POS device ensures that you need not deploy multiple systems at your store for every need, thus making the investment in the POS device cost-effective.
Your POS device also must offer integration with the weighing scale; compatibility with prepaid cards, magnetic cards, and smart cards; compatibility with user-defined product codes. Ideally, you must be able to enable customer discounts and happy hour pricing too. It is the ability to offer such little features that help you keep your customers happy.

4. It will be super compact

In retail businesses, store space is money. Not everyone has lots to spare, and hence you need a POS device that is sleek and compact while still being cost-effective. An ideal POS device will be totally space efficient and use valuable counter real estate rather optimally. Isn’t that what every store owner primary needs?
In retail businesses, store space is money. Not everyone has lots to spare, and hence you need a POS device that is sleek and compact while still being cost-effective. An ideal POS device will be totally space efficient and use valuable counter real estate rather optimally. Isn’t that what every store owner primary needs?

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