By Adeniyi Ogunfowoke
There are businesses or stores that are sceptical about using a Point of Sale (POS) machine because of trust issues, the bank charges, and the expenses involved in getting one.
Regardless, what they don’t know is that there are so many advantages to using a POS machine especially if you are doing a business that involves cash.
Therefore, if you are any doubts about using a POS machine, Jumia Travel, the online travel agency gathers 5 reasons your business should have a POS machine.
It is safe and secure
It is very risky to have physical cash in your store because you never know what will happen. It is better to be safe than sorry. In addition to this, it is very safe and secure because the likelihood of theft is very low.
Attracts more customers
Nigerians have largely embraced the idea of using ATM cards for transactions. Consequently, not many Nigerians carry cash around. Your business should move with this trend so that you will not lose your customers. For example, what will you do if a customer who booked Epe Resort on Jumia Travel and wants to pay with her ATM card? The fact is with your POS machine, you will no doubt attract more customers.
Simplify accounting process
With a POS machine, you can easily give an account of your turnover. Also, you will get receipts and alerts for every transaction made via the POS. With these receipts, you can balance your account without wasting too much.
Better customer experience
Customers will all return if they have a wonderful experience. Imagine if you go to a store and want to pay with your ATM card and there is no POS machine, you definitely not be happy. Some customers will gladly go to the ATM machine to withdraw, others. In addition to losing customers, they are a bad customer experience.
Your business will appear serious
Businesses that have an ATM machine will arguably be taken seriously compared with the one that does not own one. Note that there is nothing wrong with collecting cash, but your business will appear more professional and serious if you accept payments via POS.
Adeniyi Ogunfowoke is a PR Associate at Jumia Travel.
Business Post Contributor