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Five Reasons to Upgrade Your Terminal to Poynt – Point of Sale Systems

Branded as the next evolution in business technology, the Poynt smart terminal is innovated to let merchants leverage the latest in payment methods without compromising security like never before. Featuring a built-in printer, hybrid and up to date card reader, and various automated connectivity options which aim to provide businesses with the flexibility they require, at a reasonable price. Buy & Sell products POS

To upgrade POS terminal to Poynt smart terminal offers a significant amount of advantages and benefits. Below are some of the reasons why.

New Payment Technologies

Poynt smart terminal is paving the way for smooth payment transaction via smartphone apps like Google Wallet, ApplePay, Android Pay, Samsung Pay, NFC, EMV chip debit/ credit cards are which has become very popular today. With these modes of payment, customers can sensor on their mobile devices which is beneficial to both consumers and business owners. Ecommerce Platforms

Reporting

Invaluable cash registers that simply accept all payments are now replaced with the technological advancement of Poynt smart terminal. Poynt offers a platform that can extract important demographic or transactional data and reconcile it with a centralized system to provide maximum management of the business, actionable insights and recommendations that can power your future business activities and decisions.

Quick Books Integration

Poynt smart terminal can be a boon to any business by integrating Quick Books. Using Quick Books’ custom-designed applications like Lightning Register, it accepts payment and automatically transfers all sales, receipts and employees’ time. This way you can be updated with your taxes, reduce manual entries by minimizing double entries, save your time from inventory tracking, easy payroll processing, and much more. With Quick Books, there’s no need to maintain cumbersome spreadsheets as it works seamlessly with your accounting software to help keep your books current, every day.

EMV/Chip Card Compliant

Since POS-related card fraud schemes are rampant nowadays, the migration to EMV standard-based chips is designed to make transactions more secure and traceable. However, constantly updating POS payment terminals with EMV technology can be quite tricky. The best way to ensure security measures is to invest in a Poynt system featuring Lightning Register which automatically upgrades hardware or software with every new innovative payment method. This way you can prevent an opportunity for card thieves and hackers to breach your POS system and protect your customers as well as your business from financial liabilities.

Built to Grow

The Poynt smart terminal has a growing list of accessories, this includes cash registers, cash drawers, scales, ticket printers, scanners, and other peripherals which are all designed to help retailers have maximum management on their business as well as achieve a rapid proliferation with ease. Confidential: How to proactively manage accumulations at the point of sale

 

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Entrepreneurs: Are you addicted to work?

These days, addiction as a mental illness comes no surprise to us. We see stories about addictions such as alcohol and drug use as deadly serious. But beyond these serious, life-threatening addictions lay the softer addictions: work addiction. By now, it seems difficult to delineate the difference between enthusiasm for work and addiction necessarily because the advent of technology makes our workload easier and more efficient that we forget we are already working too much.

Workaholism

Work addiction or workaholism, as defined by Dr. Barbara Killinger, changes people’s personality and the values they live by- making workaholism self-destroying addiction. Tragically, people who suffer from workaholism loses professional and personal integrity Learn more about POS

The researchers from the University of Bergen conducted a survey to thousands of people in Norway to find out how many people are true workaholics. The researchers employ Bergen Work Addiction Scale, which encompasses seven diagnostic criteria for several kinds of addiction. The study found that among 12,135 Norwegian employees from 25 different industries, 7.8% of people could be classified as workaholics. Which is to say, these people were spending more time at work than intended, neglecting hobbies and exercise because of work, and using work as an avenue to reduce feelings of guilt and anxiety. Online Store

Workaholism and ADHD

Additionally, the Norway study suggests a strong correlation between workaholism and ADHD (Attention Deficit Hyperactivity Disorder). Based on the researchers’ analyzed responses, 32.7% of workaholics met the criteria for ADHD compared to those who are classified as non-workaholics. Contrary to popular belief that ADHD is just something children have and they grow out of it, Cecilie Schou Andreassen, who is one of the study’s lead researchers, claim that some adults who find work overly challenging may have ADHD.He added that people who struggle with ADHD may be working overtime including weekends to compensate for their shortcomings. As such they may feel more productive and accomplished after co-workers have gone home or when the office is more quite.

Mental Health and Workaholism

Furthermore, the study also found about a quarter of those classified as workaholics met the criteria for OCD (Obsessive Compulsive Disorder). Finally, 8.9% among the classified workaholics were likely to experience anxiety and depression by meeting depression criteria.

It is important to recognize that workaholism is a mental illness. But we shouldn’t necessarily negate every tendency as a negative thing. Having enthusiasm, energy, and high commitment to achieve impossible goals, even when faced with extraordinary odds are too often than not, the hallmark of virtually every successful entrepreneur. We just have to remember that along with our aspirations and endeavors, we should also strive hard to strike a balance between spirituality, family, health, work,  and social life. Five Reasons to Upgrade Your Terminal to Poynt – Point of Sale Systems

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Confidential: How to proactively manage accumulations at the point of sale

Now that more and more retail outlets allow cashless transactions through more POS systems and allowing consumers to pay with their cards instead of cash, businesses should begin exerting efforts in understanding how to rightfully manage their accumulations.

More often than not, these POS systems only get to do the basic work we know it for, and we never get to experience what else it can do for our business. Also, because we usually do not give it much attention, we put our businesses at risk.

We have here some tried and tested tips that might help you be more efficient in managing your POS systems’ accumulations. learn more Point of Sales

  • Be proactive and set reasonable expectations.No matter how big and successful a business is, there will always be struggles and setbacks before making it big. Even after making it big, challenges will keep trying your business. You have to analyse multiple risks which you know could affect your business in any way. There is nothing worse than getting caught off guard with business conflicts you did not see coming.
  • Perform multi-line analysis.You might find this one vague, but the key is to think like Bond. Risks are everywhere, so you must find the skill to be really sensitive in all possible threats. Being updated with software problems, hacking risks, and other modern-day business challenges should be your priority. Study your competitors and look closely at what they do and don’t.
  • Establish comfortable limits. We all want our businesses to grow that we sometimes go out of our way to reach success in the shortest span of time possible. We overlook the fact that we might have been wasting our time and energy on things that are not meant for us. You have to know that your POS software, though designed impeccably, has its limits.
  • Use the context from your current portfolio and claims history. Study your existing data and always monitor every sale you get. A lot of times, we encounter problems that have always been there though they go fully unnoticed. You have to learn to manage your POS systems in its available capacities, and use it to its maximum potential.
  • Learn from your past mistakes in business. Look closely at your data and try to find out where you have gone wrong. From there, focus on starting over a better portfolio.
  • Entrepreneurs: Are you addicted to work?

POS systems almost never get the attention they need from business owners, which results to us never getting to maximize what it can do. Learn its features, use it wisely, and let it do its work on your business.