Many years ago when retail transactions were made by cash or cheque there was never any question of whether customer funds were valid. Today most customers prefer to use alternative methods of payment and the world has moved towards a cashless environment.
A Point of Sale System (POS) is a technology that allows a retailer to directly debit a customer's bank account "while in the shop or the point of sale" using a debit card and a reading device. No real cash is involved.
Why use a POS solution:
- Instant retailer settlement without having to accept actual cash
- Electronic process eliminating redundancy and minimizing Human error
- Instant cash refunds, compared with personal checks that require the customer to wait before cash can be refunded
- Saves check and ATM fees
ETHIX-POS solution has the following key factors to achieve efficient and safe POS transactions:
Speed: Large number of customer transactions can be handled smoothly and quickly using fast authorization process
Security: state-of-the-art industry security standards (Secure PIN entry, PCI PED approved, Privacy shield or optional key pad)
Easy-to-use: Drop-in paper eliminating paper jams, Large buttons, Dedicated function keys, Color coded sockets, Sharp backlit display and Cable locking for easy handover
Dependability: extremely robust and verified on all economy of scale dependability and considered one of the best value devices in the market
Flexibility: Allows both dial-up and Internet connections. If your Internet connection fails, the terminal automatically falls back to dial-up connection.