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Mobile point of sale vs Mobile payment, which is best for business?

<br>In the last couple of years, the mobile technology has boosted up. In mobile, mobile point of sale(mPOS) and mobile payments(mPayments) both technologies have taken the markets. These technologies are opening up many new opportunities for the retailers

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Mobile point of sale vs Mobile payment, which is best for business?

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  1. Prima Computer Systems ​​+65 6276 3930 ​​Mobile point of sale vs Mobile payment, which is best for business? Get in Touch: ​​+65 6276 3930 In the last couple of years, the mobile technology has boosted up. In mobile, ​​mobile point of sale​​(mPOS) and mobile payments(mPayments) both technologies have taken the markets. These technologies are opening up many new opportunities for the retailers. In the world of tablets, smartphones and many other devices have gained progress in

  2. Prima Computer Systems ​​+65 6276 3930 the retail and hospitality markets, mobile payments and mobile point of sale are two important areas that are commonly talked about. These systems offer many benefits to consumers and merchants. Let's go through one by one. ● Mobile Point of Sale   Mobile POS is an iPad, smartphones or Android tablet that provides the function of cash registers or ​​electronic point of sale terminal used in retail shops and restaurants​​. Any tablet or smartphone can be modified into a mPOS with a downloadable app.

  3. Prima Computer Systems ​​+65 6276 3930 It is well suited for use in restaurants, hospitality services, and travels services. With no wait, customers can place orders and make the payment easily. A mPOS can be cost-effective, it allows small businesses owners to maintain transactions without wasting money on an electronic register or pay to someone to support software. It offers many benefits to your business. 1. Customers don't have to wait in a queue to check out. 2. It provides better customer experience. 3. It increases speed and accuracy 4. Cost-effective

  4. Prima Computer Systems ​​+65 6276 3930 ● Mobile Payments   Like mPOS, mobile payments are regular transactions that done through mobile devices. It includes mobile wallets to mobile money transfer and peer-to-peer payments. Mobile payment technology allows you to pay digitally, instead of paying through cards or physical cash. Mobile wallets help consumers to store money on the wallet. These transactions can happen both online and offline. This technology helps consumers to pay with their phone using technology like NFC(near field communication), Bluetooth, and Wifi.  

  5. Prima Computer Systems ​​+65 6276 3930 It brings many advantages: 1. Easy accessibility 2. Simple to store money 3. Transfer of funds quickly 4. Helps you in bill splitting Now you know a few information about mPOS and mobile payments, the main question is which is the most suitable platform for your business? It totally depends on your goals and needs. Set your needs and goals which will meet your requirements and the ​​right tool to build your business​​.  

  6. Prima Computer Systems ​​+65 6276 3930 Prima Computer Systems 201 Keppel Road, Level 10, Annexe Block, Singapore 099419 Visit:​​www.pcspos.com.sg

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