Low Cost POS Machine

In today’s modern retail environment, the POS system has taken the place of the vast majority of traditional cash registers and similar systems. The Point of Sale system allows for the integration of a traditional cash drawer with order placement and inventory systems, while also allowing for the processing and acceptance of modern electronic payment methods. In short, if you’re in the business of selling almost anything in today’s world, you need a low cost POS machine.

It is possible to find a low cost POS machine for right around RM1,000. However, in an economical POS system like this, you will find that you’re going to have to do most of the legwork yourself when it comes to installing and supporting the unit. It is more typical to spend somewhere between RM2,000 and RM5,000 for a standard POS system purchased through a reputable dealer. However, if you’re looking for a high end system with all the technological integrations that are currently available in the sector, then you can easily spend anywhere from RM5,000 to RM10,000 for a single unit.

On the other hand, if you’re only purchasing POS software, you may be able to find it for much less. Some options that integrate with iPads or other existing hardware you might own can cost under $50 per month. Largely, it is going to be the feature set, the hardware, and the service coverage that determine your pricing. Extras, such as installation and training, can also cause your low-priced up-front cost to increase. If you need several different hardware components, such as multiple terminals for different checkout stations throughout a large store, it may be possible to get a discount because of the volume at which you need to purchase.

Largely, the application that you’re planning on using it for will determine the specific POS system you purchase, as well as the style of peripherals you use to accompany it. For example, if you need a POS for a restaurant application, you’re likely going to want a touch screen for easy order entering, as well as a model that supports software specifically designed for the restaurant industry. These feature options such as being able to track purchases by table and to keep bills open until your customers are ready to leave.

When shopping for a low cost  POS machine, don’t cut corners and forget to have security measures installed on the system. There are different types of security options, but at the bare minimum you should find a system that requires employees to enter a security PIN number in order to access the system. In situations where higher degrees of security are important, you may want to install a fingerprint scanner instead.

The software installed within your Point of Sale system is extremely important for ensuring that you are gathering the data you need to from the system. Modern systems are able to be upgraded with a number of software features that can be very useful, such as integration with customer loyalty programs. Others may upload all sales data to a central data bank which can be then accessed from an app – something extremely useful for managers who need to keep a careful watch on sales activity.

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