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5 Ways Smart Payment Terminals Help Make Business Management Easier

Tuesday, November 10, 2020

Every business owner will admit that efficiency saves time and money when running their business. Having efficient, multi-purpose tools serve the needs of both the business owner and their customers.

With the surge of cloud-based business management solutions, more and more businesses are looking to integrate their business equipment with their software. This provides a significant amount of time savings and reduces human error.

One example of this is the smart terminal, which at first glance might look like any other payment terminal, but is actually a cloud-based point-of-sale solution. Smart payment terminals provide an opportunity to run parts of your business more efficiently because it does more than just accept payments. Here are five ways businesses can realize significant benefits from smart terminals:

Make inventory management easy

Taking inventory is a necessity for businesses of all sizes. But that shouldn’t mean using antiquated methods that take more time than necessary. Smart terminals like our Terminal Plus streamline inventory management thanks to the built-in barcode scanner so you can automatically track how much stock you have in real time. Spend less time tracking miscounts and more time benefiting from being well-stocked. And when you need to move inventory, you can modify pricing easily with a click of a button to make real-time adjustments.

De-clutter the counter

The wireless Terminal Plus connects via WiFi, freeing you to take payments from anywhere at your location. A compact smart terminal-- it plays the role of payment terminal, barcode scanner and receipt printer.

Keep customers happy at the checkout

Contactless digital payments are in demand now more than ever, and, with Terminal Plus, you can offer a safe, easy checkout anywhere. Whether your customers pay using mobile wallets like Apple Pay, Google Pay or Samsung Pay or tapping their card, you’ll be ready.

Cloud-based back office reporting and analytics

Business owners need to be on the pulse of how their business is performing. With smart terminals, such as Terminal Plus, back office features like cloud-based management tools, reporting and insights help owners better manage and run their businesses, through any web browser, wherever they are, at any time. For example, business owners can set pricing and track inventory in real time as well as follow trends on how quickly inventory changes and how well customers respond to new pricing or discounts.

Safeguard your business

Minimizing payment acceptance costs and fraud puts more money in your pocket. Terminal Plus transactions are protected by the latest PCI PTS technical and operational requirements, to help guard your business and your customers’ card information.

Consider investing in business equipment that helps automate your business and positions it for future growth, allowing you to spend more time on things that help move your business forward and drive growth for years to come. Smart terminals are designed to give you time back in your day, so you can do just that.