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Selecting the best retail REPLICA MERCHANT ACCOUNT point of sale system

Small and mid-sized business traders require retail POS systems which have the capability of payment transaction management, purchasing and inventory management, pricing, product and sales promotions for a single store or for multi-store setting. Apart from this, traders who have small and mid-sized businesses will require a platform fir managing procurement, Business Intelligence or BI, customer relationship management or CRM, sales management, production management, service or project management, and warehouse management. Open source groups have come up with free point of sale systems for restaurants and retail stores. Traders can download POS software at no extra charge by paying the 3rd parties a small charge for installation and configuration. The system can be customised based on personal needs and is on the basis of proven Model Driven Development or MDD, and Model, View, Control or MVC development frameworks.

The software highlights for a POS system are as follows:

Master Data Management: This includes categories and its subcategories, products, procurement management, images, warehouse management, restaurant locations with their table layout, role and user management.

-       Organise and centralise the key information points correctly.

-       Guarantee the tracking and adherence of essential business processes.

-       Organise products and inventories based on attributes for managing similar items easily.

-       Availability in several languages.

-       Support various currencies.

Cash, Refund and Sales Management: This includes printing and editing of receipts, tax management, promotions, discounts, payment acceptance, bar coding and tax management.

-       Editing a number or receipts from a single or multiple terminals all at once.

-       Allowing multiple payment schemes such as cash transactions and card-present transactions, and also accepting payments for those that require Chip/PIN PCI Standards, EMV Standards.

-       Easy integration of point of sale with 3rd party peripherals.

-       Effective management of refunds.

-       Flawless integration with payment gateways.

-       Managing internet, restaurant and retail store with the usage of a singe payment gateway merchant account.

-       Inclusion of business merchant accounts.

Warehouse management – This includes product receipts, inventory count, product movements and product properties.

-       Seamless management of several warehouses.

-       Keeping the inventory updated.

-       Tracking stock in real time.

Charts and Reports: This includes sales forecasting and sales reporting in real time.

-       Monitoring the current state of the retail business.

-       Getting required information well within the time limits.

-       Improving the process of decision making.

Restaurant Module: This includes occupation management, customisable restaurant locations, and reservation management.

-       Managing consumer reservations efficiently.

-       Personalising the various restaurant areas for easy identification.

-       Getting an insight of the occupation levels in a restaurant in real time.

Security: This includes users, roles, and access restrictions.

-       Managing users with well-defined access levels.

-       User profiles and multiple roles management.

-       Protection of sensitive data.

-       Embedded support with ERP (Enterprise Resource Planning) applications.

-       Scalability for supporting configurations that ranges from a single terminal, to several terminals in each store, to several terminals in several stores.

Open source solutions need to be investigated to get a customised business model. Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant.