What Is an EPOS System?
Just what is an EPOS system, and why should you care?
An EPOS system, or electronic point of sale system, is a sophisticated yet easy to use technology designed to simplify and enhance business operations. With customised software programmed for each individual business, it can efficiently handle daily tasks and streamline various processes.
New Payment Innovation knows the importance of leveraging innovative technology to build good business, and we design the EPOS systems to prove it. Plus, we’re Guaranteed Irish, so you can be sure our point of sale solutions will meet your needs and help your business thrive.
To learn more about how we help merchants all over Ireland improve business efficiency with state-of-the-art EPOS systems, call us at 0852125815. Or, fill out the contact form and one of our payment experts will get back to you.
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What is an EPOS System?
An EPOS system can really help businesses grow. But really, what is an EPOS system in the first place?
EPOS stands for electronic point of sale. Compared to a traditional point of sale system, an EPOS is more advanced and has more capabilities. Not to mention, a complete EPOS system can be custom-tailored to match virtually any need your business may have – no matter the size or sector.
An EPOS system is basically a modernised management tool that allows businesses to streamline their operations and perform a wide range of functions more efficiently and effectively. From data collection and inventory management to accountancy and sale processing, EPOS systems enhance the productivity, security, and efficiency of your business.
Why Businesses Opt for EPOS Systems
The draw of an EPOS system lies in its ability to streamline operations, eliminating the need for separate staff dedicated to bookkeeping, inventory, and sales management. Consolidating these functions into a computer-based web system that not only adapts to your business needs but also supports its growth.
With an innovative EPOS system at your disposal, your business is liberated to strategise for the future, monitor increasing revenue, and explore optimal locations for expansion. That means that whether you operate a single store or manage multiple branches, the EPOS system seamlessly binds all your stores into a cohesive unit. The reason business owners in Ireland and Europe are choosing EPOS systems is the unparalleled flexibility they provide.
Benefits of EPOS for your Business
Now you know what an EPOS system is, but why should you get one?
In reality, a complete EPOS system is a must-have for your business, whatever it may be. Here are a few compelling benefits of installing an NPI EPOS system:
Product/Service Management
Say hello to increased efficiency with expertly programmed smrt software. An EPOS system will enable you to check and update your product and service offerings so you can stay on top of inventory and availability.
Enhanced Customer Experience
Elevate your service levels easily with an electronic point of sale that facilitates quick transactions, reduces wait times, and offers personalised services.
Data and Analytics
Access to detailed reports can help you leverage sales data to make informed decisions. By investigating your business payment data, you’ll be able to understand customer preferences, track sales trends, and strategise for future growth.
Employee Productivity
An EPOS system can help you streamline tasks, automate time-consuming processes, and empower your staff to focus on meaningful customer interactions.
Compliance
The PCI DSS has set standards for security and best practices in the payments industry. With an NPI EPOS system (or any other NPI payment solution), your PCI compliance needs are taken care of, so you can keep doing business above board.
NPI’s Approach to EPOS and Other Payment Services
NPI’s commitment to innovation and customer-centricity means we’re not just another payment provider – we’re the best merchant service provider in Ireland. Whether you’re a business looking for diverse payment methods, integration with your existing systems, or real-time insights, we’ve got you covered. Here’s how we do merchant services:
Face to Face
For businesses that rely on the stability and familiarity of traditional card transactions, NPI offers seamless card reader options, including wired, wireless, and mobile. These methods ensure you can accept payments securely through trusted and established channels.
In an era where speed and convenience are paramount, NPI embraces advanced technology for your face-to-face transactions. Our solutions, including contactless payments and customised, complete EPOS systems, enable quick and secure transactions. Customers can simply tap their cards or mobile devices for swift and hassle-free payments, whether they’re shopping in a store or at a vendor’s stall.
Recognising the growing importance of mobile payments, NPI empowers businesses to tap into the mobile-centric world. With our card machines for business, you can offer customers the flexibility to pay with smartphones, digital wallets, and cards, making the payment process both efficient and user-friendly.
Online
NPI understands the importance of streamlining safe online payments for businesses and ensuring a secure and convenient experience for customers.
Our integrated solutions are designed to seamlessly connect with a wide range of e-commerce platforms and payment gateways. This means that whether you’re a business looking to accept online payment or a customer making a purchase, the process is straightforward and secure.
For businesses, NPI’s integration with e-commerce platforms allows for a hassle-free setup, enabling you to accept payments on your website or digital storefront. Our system effortlessly manages the flow of transactions, ensuring a smooth experience for your customers.
Over the Phone
Our virtual payment terminals are at the heart of over-the-phone payments. They provide a secure platform where businesses can process transactions remotely. This is especially useful for businesses that offer services or sell products over the phone, through catalogues, or via email. By using virtual terminals, you can efficiently handle card transactions from anywhere, enhancing convenience and accessibility for your customers.
Furthermore, security is paramount in over-the-phone transactions, and NPI takes this responsibility seriously. Our systems are designed to ensure the utmost security for both businesses and customers. Card data is handled with care, and our virtual payment terminals adhere to industry standards for secure payments.
You can learn how to take card payments over the phone here.
Contact NPI Today
Explore the NPI difference by getting in touch with our expert team. We’re here to provide guidance, valuable insights, and tailored solutions that align with your unique needs and goals. Reach out to us at 0852125815. Or, fill out the contact form, and one of our payment gurus will get back to you.
Want to see our card machines or EPOS systems for yourself? Come down to our Citywest HQ and look around the Experience Suite.
What is an EPOS System: FAQs
What is a point of sale system?
A point of sale (POS) system is a comprehensive solution that facilitates transactions between a business and its customers. It typically includes both hardware and software components to manage sales, process payments, and track inventory.
Is a POS different from an EPOS?
A POS, or point of sale system, differs from an EPOS, or electronic point of sale system, in that it is less evolved as a technology and often doesn’t have as many capabilities. EPOS comes with both hardware and software. The software is custom-programmed for each business.
Nowadays, most point of sale systems are EPOS.
What features are crucial in a point of sale system?
Important features in a POS system include inventory management, sales reporting, customer relationship management (CRM), ease of use, and integration capabilities with other business tools. These features contribute to the efficiency and effectiveness of your business operations.
What is a point of sale display (hardware)?
A point of sale display refers to the hardware components of a POS system, including terminals, touchscreens, barcode scanners, receipt printers, and cash drawers. These elements collectively create a seamless and efficient transaction experience.
What does EPOS hardware look for in retail and hospitality businesses?
In retail and hospitality, POS hardware should be durable, user-friendly, and capable of handling high transaction volumes. It should also integrate with other systems, such as inventory management and employee scheduling, to streamline operations.
Point of purchase vs point of sale - what's the difference?
While often used interchangeably, point of purchase (POP) refers to the specific location where a purchase is made, while point of sale (POS) encompasses the entire system and process involved in completing a transaction.
What is mobile point of sale?
Mobile point of sale (mPOS) involves using portable devices like tablets or smartphones to process transactions. It provides flexibility for businesses, allowing them to make sales anywhere within their premises or at off-site locations.
What is the best point of sale system?
The best POS system or EPOS system depends on your specific business needs. Factors to consider include the size of your business, industry requirements, budget constraints, and desired features. NPI can provide tailored solutions to meet your unique requirements.
