Customers carrying cash seem to be the exception rather than the rule these days. In order for Tennessee businesses to survive, they need to be able to accept electronic payment in a variety of ways. United Banc Card of TN, LLC offers a variety of merchant services to help businesses do just that. One of the most popular merchant services is the point of sale (POS) system.
A POS system is a combination of hardware and software designed to process transactions, manage inventory, and generate sales reports. The POS system market has two primary clients types: retail stores and restaurants (or other hospitality businesses). Here’s a bit more about what a POS system does for these businesses.
Retail POS Clients
Retailers have simpler POS system needs than hospitality companies since they complete one order at a time and may not have much product variation. Merchants may want a retail POS system with the ability to do returns and trades and support for digital scales.
Additionally, a retail POS system can facilitate matrices for stores that sell items (like clothing or shoes) that come in many styles. These matrices let clients create one inventory and price entry for that item, but still allows for monitoring of sales according to size and color.
Restaurant POS Clients
Restaurants, along with other hospitality companies, have different POS system needs. These needs can also vary from restaurant to restaurant:
- Casual restaurants concentrate on efficiency.
- Retail-style restaurants, such as sub shops, use restaurant POS systems to relay orders, reducing errors that may occur when passing hastily scrawled orders to your kitchen staff.
- In quick-service restaurants, employees take orders out front on the POS system, which then instantly become visible on kitchen monitors to be prepped and provided to the customer.
- At table-service restaurants and fine-dining institutions, POS systems have to be able create and store open orders, as parties can order more to their checks at anytime.
When you use POS system Nashville merchant services through United Banc Card of TN, LLC, you get more than the system. United Banc Card of TN, LLC provides your company with training, ongoing support, warranty, system backups, and more. You cannot find merchant services like this anywhere else.
So if you’re looking to better your TN business, contact United Banc Card of TN today at 615-476-0255 and ask about our merchant services.