Monday, 03 February 2020
We’re all familiar with the old-school tills of yesteryear, that memorable ‘ding’ when the cash register opened, the shop assistant manually inputting the price of each item sold, and some of you might even remember a time when tills were cash only. Flash forward to the present day and such a system can seem pretty prehistoric thanks to the introduction of POS till systems. Electronic point of sale (EPOS) systems have revolutionised payments, making them quicker, simpler and safer than ever before.
Monday, 27 January 2020
POS system stands for ‘point of sale’ system and is basically just the term used for whichever set-up you have in place for taking face-to-face transactions. It isn’t a specific machine or an isolated process, it’s the byproduct of a number of elements that, together, let you take payments in-person. The way your POS system looks and functions will vary depending on a few things, like:
Tuesday, 05 November 2019
While you don’t have to provide customers with a receipt, and some might not even want one, many consumers still like to take one away - especially for a card transaction. So, to keep your customer’s happy you’ll want a card machine that enables receipt printing (spoiler, all ours do), but how does it work?
Friday, 11 October 2019
Credit and debit cards, and by association card machines, are so pervasive it’s hard to imagine life without them. But in the scheme of things, they haven’t been around for long. The first iterations were punched card readers, used during the early years of the computer industry to store information on computer systems. It wasn’t until 1978 that the First National Bank of Seattle issued the first debit card to business executives. Just 20 years later, debit cards had overtaken cheque usage all over the world.
Tuesday, 01 October 2019
If you run a restaurant you’ll know all too well there’s no such thing as a single payment point. Sometimes customers come to the till, others you go to their table. Sometimes they sit inside, others outside. Sometimes they pay by card, others by cash. It varies from customer-to-customer and day-to-day.
Wednesday, 11 September 2019
The credit surcharge ban came into play on 13th January 2018 and meant businesses could no longer add a surcharge to credit or debit card purchases anywhere in the European Economic Area (EEA). For anyone wanting to dig a little deeper into the fine print, the update was part of a new set of EU regulations called the European Payment Services Directive 2 - we’re about to break it down into human language here though.