Everything You Need to Know About POS Terminals Gone are the traditional operating systems of keeping records of payments and inventories and moreover managing cash. Peddletech, POS terminal provider India does all for your retail business to move ahead in a systematic and easy manner. Operating your retail store calls an array of administrative and management skills including marketing sector too. This includes handling your inventory, adding in the monthly report, billings empowering you to run your store smoothly without any hiccups. Let’s understand what is POS Point Of Sales System? This is an electronic device used to process payments through cash or card at your retail store or location. POS features: Reads customer’s credit card or debit card information Checks for sufficient fund balance in customer’s account Post-transaction transfers funds from the customer’s account to the sellers' account Records transactions and generates prints of receipts The POS se...
The Difference Between a Cloud-Based POS vs. Traditional POS We know how much Point-of-Sales is important when it comes to keeping records of sales and inventory up-to-date. What we see at stores are both types of POS- traditional as well as cloud-based one. Peddletech is a well-known provider for POS billing machine in India catering exact needs of store owner related to the sales and inventory update. Let’s now get in detail discussion of the difference between a cloud-based POS vs. Traditional POS. Firstly, let’s understand the terminology: Traditional POS - Also, known as “On-Premise” or “Legacy”, in this type of POS, the data is stored on local servers and runs on closed internal networks. Cloud-Based POS - Referred to SaaS- “Software as a Service” or web-based or cloud-based POS Systems. These systems are web-hosted solutions and the data is stored on remote servers on clouds and the information is accessible at any point of time online. The customer just needs to a...