What is a Mobile Point of Sale (mPOS) System?

SalesPlay
Sep 20 2023

Are you thinking of reducing the unnecessary equipment you have in the tight space of your shop 

 

We will have a good suggestion for you!  

 

Why don’t you replace your Point-of-Sale system bundle with a Mobile POS system? It will be convenient in many ways and serve your business purposes on point.  

 

But what is an mPOS system? What is the difference between POS and mPOS systems? Why is mPOS important?  

 

Come, we will talk about everything in this article. We hope this article will guide you to make the best decision on mPOS by the end.

 

Let’s move on! 

 

 

What is a mPOS System?

mPOS, short for mobile Point of Sales, is an alternative to the traditional way of managing a business 

 

It brings all the business processes under a single platform making your business process smarter.  

 

What can you do with a mPOS system? Well the right question is ‘what can’t you do with it?’ 

 

Through mPOS, you can now  

 

  • Manage sales 
  • Handle payments 
  • Lokk into inventory,  
  • Employee management,  
  • Generate sales reports 
  • Set up customer loyalty programs  
  • Managing a customer database with ease 

  

With increasing numbers of SMEs and micro-merchants that sell fast-moving products, the use of mPOS is gaining attraction more than ever.  

 

what is a mpos system

 

How Does the mPOS Work? 

mPOS typically consists of a mobile app that provides all the necessary features to handle your business in one place.  

 

The app can be downloaded and installed on Android and IOS devices.  

 

mPOS functions such as managing the inventory, maintaining a customer database, generating reports and analytics, and credit sales and debtor management help businesses manage all their activities with just a few clicks.  

 

This greatly benefits businesses like restaurants and food trucks where quick performance is everything.  

 

How mPOS Helps Restaurant Industry 

  • If we take a look at running a restaurant/cafe business, there are features streamlined to run it efficiently.  
  • From displaying the menu to paying the bill, all the tasks can be performed through a single platform. This eases the burden of managing several tasks through various channels.  
  • Additionally, multiple displays can be paired, using which waiters can send the orders from their devices to the display in the kitchen.  
  • Kitchen staff will receive tickets for new orders which can be assigned to each member of staff and tracked.  
  • This allows the process of ordering, cooking, and delivery to run smoothly. Open tables can be tracked using a timer.  
  • The order history of customers can be retained in the database, which helps the restaurant to serve the customer better and also to provide customized deals and discounts. This increases the number of recurring customers and helps the business grow 

 

benefits of a multi-store pos system

What is the Difference Between a POS and mPOS? 

In this section, we are going to investigate the major difference between POS and mPOS solutions.  

  

  • A few key differences between mPOS and traditional POS are portability, installation and integration costs, security, and margin for errors.  
  • The ability to accept payments while on the move is the major advantage of using an mPOS system. For example, when billing, the items purchased can simply be selected in the system and displayed to both the seller and the customer. Here the customer can pay using any accepted mode of payment including cash, credit/ debit cards, etc.  
  • Each purchase automatically adds Loyalty points which give the customer redeemable offers and discounts on future purchases.  
  • Point of Sales software enables you to store each transaction in the database. This enables the users to transaction details.  
  • In terms of hardware and integration, mobile POS requires only an Android/ IOS device or web platform. Unlike the traditional POS which requires a substantial cost to install, this costs little to none.  
  • This cuts down expenses for shops with multiple branches.  
  • Further, merchants can retain customer data in the system. This improves customer experience as the business can now track customer buying patterns and provide customized deals.  

  

We will simplify the difference between POS and mPOS software for your convenience.

 

 

best post software

Similarities between POS and mPOS 

 1. Easy Transaction Processing 

2. Comprehensive Inventory Management 

3. Various Payment Methods 

4. Quick Receipt Generation 

5. Insights from Sales Reporting 

6. Customer Management 

7. Employee Management 

8. Powerful Integration 

9. Enhanced Security 

10. Offline Capability 

 

Dissimilarities Between POS and mPOS

Aspect POS (Point of Sale) mPOS (Mobile Point of Sale)
Hardware Components Involves fixed hardware like cash registers, barcode scanners, and stationary terminals Relies on mobile devices such as smartphones and tablets
Mobility Stationary, located at fixed checkout points within physical stores Offers mobility, enabling transactions anywhere within or outside the store premises
Upfront Costs Typically higher upfront costs due to specialized hardware and software Lower initial expenses, making them more accessible to small businesses
Scalability Requires significant investment to scale up for multi-location businesses Easier to expand across multiple locations due to their mobile nature
Setup Time More complex and time-consuming setup, involving installation and configuration of hardware Generally quicker to deploy and won't take much time for setting up
Maintenance Needs Requires more maintenance and updates for both hardware and software components Typically has simpler maintenance needs compared to POS systems
Peripheral Devices Incorporates a wide range of peripheral devices like receipt printers and cash drawers Relies on built-in device features or external attachments for similar functions
Customer Interactions Designed for fixed customer interactions at dedicated checkout counters Enables more flexible and personalized customer interactions throughout the store or on the go

 

ipad pos system for bakery

Benefits of Opting for an mPOS App 

1. The major benefits of using an mPOS are minimal setup, security, convenient employee management, and fast optimized checkouts. 

 

2. When setting up a shop in a new location, an mPOS needs little to no configuration. 

 

3. Faster checkouts save more time for both the seller and the buyer. 

 

4. The system is secure and reliable. 

 

5. With the ability to check stock availability in the inventory, ordering and dispatching can be done without having to disappoint or abandon the customer. 

  

What Should You Consider When Choosing an mPOS Software? 

We hope that you have come across the above sections and now you must have a thorough understanding of what exactly POS and mPOS do to streamline your business operations.  

 

As you can see, not all businesses are alike. Each has different requirements.  

 

It is essential to meet these requirements to be successful. There are many mPOS solutions and mPOS machines in the market to fit every business.  

 

However, whether it is free or not, it is essential to carefully consider the features before choosing one.  

 

farmer's market pos system

Key Features of the mPOS App 

Affordability

Generally, the costs of using an mPOS system include hardware costs (devices), and a monthly subscription fee. Some software may be free but have paid versions that include premium features.

 

User-Friendly

A system that lets you carry out functions with just a click or two is most efficient. Therefore, a simple system with an intuitive interface will be best suited. 

 

Employee Management

This can save you both money and time as it’s easy to manage employees by assigning shifts and tracking their performance through the system. 

 

Reliability

The software should have a better uptime guarantee with a reliable and easily accessible supporting system, as well as secure databases to store sensitive information about the business. Features of Salesplay software can be used both online and offline. This enables the sellers to carry out business in offline mode as well. 

 

Customer Management

A customer loyalty program is a unique feature provided by Salesplay Solutions. It enables the buyers to accumulate points with every purchase and redeem offers using a loyalty card. The merchant can track the buying patterns of their customers and retain the data to offer customized discounts and promotions. This increases customer satisfaction. 

 

Inventory Management

An ideal mPOS should allow centralized inventory to manage stocks in all branches, generate stock reports, and maintain transaction history. 

 Therefore it is important to analyze the cost-benefits of the available systems before opting for one. 

 

Is SalesPlay the Right Solution for Your Business? 

Universal Compatibility- SalesPlay mPOS works with Smartphones, Tablets, POS terminals and Computers 

 

Mobile App- Effortless management on the go with our dynamic mobile app is at your fingertips now. 

 

Connect Printer-Connect a receipt printer/barcode scanner and cash drawer is convenient with SalesPlay 

 

Multiple Locations- You can create multiple shops in stand-alone or centralized mode via SalesPlay mPOS to track sales, inventory, customers and staff data in one place in real time 

 

One Dashboard in Your Palm- Centralized inventory to manage stocks in multiple shops and businesses 

 

Realtime Tracking of Stocks- Manage multiple inventory-based actions such as TOG based on GRN by allocating to different shops within a few seconds. 

 

Dashboard with Key Data and Filtrations- SalesPlay mPOS is capable of showing various filtrations and reporting types. 

 

Sales Report- Track daily sales revenue, net profit, gross profit and discounts and keep everything under control with SalesPlay mPOS  

 

The End Note 

With the SalesPlay mobile POS solution, your business sales needs are well-executed and streamlined as well and you are enriched with comprehensive insights into the sales patterns, customer care data, etc.  

 

If you think of a 'new change’, SalesPlay is extending its hands to you to hold tightly.  

 

Delve into the ‘All-In-One' Solution with SalesPlay 

Let’s Get Started Now! 

 

 

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