What is a Mobile POS System and What is
the Right mPOS system?
A mobile point-of-sale (mPOS) system is a hardware device that enables
merchants to accept payment via debit or credit card using a smartphone or
tablet. mPOS systems provide small businesses with an affordable and
convenient way to accept payments, without the need for a traditional POS
terminal.
When selecting an mPOS system, there are a few factors to consider, including
the type of device you will be using (smartphone or tablet), the features offered
by the system, and the processing fees.
Smartphones offer a number of advantages over tablets when it comes to mPOS
systems. First, smartphones are more portable and easier to carry around than
tablets. Second, many smartphones have built-in NFC (near field communication)
technology, which allows customers to make contactless payments using their
debit or credit card. Finally, smartphone apps often offer more features than
tablet apps.
mPOS systems typically offer a range of features, such as the ability to process
transactions in multiple currencies, track sales and inventory, and create
invoices. When choosing an mPOS system, be sure to compare the features
offered by different systems to find the one that best meets your needs.
Processing fees are one of the main factors to consider when selecting an mPOS
system. Fees can vary significantly from one system to another, so it is important
to compare the fees charged by different systems before making a decision.