So basically what is a cash register???? A cash register is used for keeping record of the transactions that occur in your store, and also for keeping record of the money coming in and out.
What is a POS system?
A point of sale system is a like a cash register from which retailers and customers can execute purchases. Basically a POS is used to administer cash transactions and do anything that a normal cash register would do. And even you can gain more detailed POS reporting.
Some features of a POS system.
- Touchscreen device
- Card scanner
- Chip reader
- Barcode scanner
Pos systems are essential for multi-channel sellers, as they sync and track data. POS simplifies the work and make it more easier. It saves time.
It also contains number of features related to your retail business.
- Cutomer loyalty programs
- Gift cards
- Data for informed business decisions
- Can be accessed from the cloud by mobile business owners
Cash register vs POS
Basically they both have the same purpose which is to increase sales. The biggest difference is that the end is much more powerful, strong and feature rich.
Which to choose between a cash register and a POS system?
Choosing between them is an another major business decision. The right answer completely depends on your needs for the system. Cash register is the least expensive and you can start using it right away. But relying o a traditional registers or cash registers may limit your growth if the customers choose to use some alternatives method.
Therefore,a pos system can accept all the payment including the cash. But cash registers can’t. So I think pos should be the priority over the cash registers.
I hope this blog helped you with the topic.