Cloud-based Point-of-Sale (POS)
Cloud-based point-of-sale (POS) is a kind of point-of-sale system wherein information for transaction processing comes from a remote cloud service. A POS can be refered as - a computerized network in which checkout terminals are connected and operated by a main computer. A POS system allows businesses to connect devices at checkout stations such as – bar-code scanners, credit card readers, tills, and receipt printers.
Since the traditional point-of-sale systems are Windows-based, several high-profile cases of malware targeting them and data being compromised, have come to light. As a result, business owners have started mulling over new solutions; as the financial and legal liabilities of breaches of customer data can bring them big troubles. Cloud-based point-of-sale is the solution they’re looking for.
With the emergence of cloud-based POS, business owners in large number moving their point-of-sale system to the cloud. This new technology delivers all the benefits of a traditional point-of-sale system such as payments, sales data, loyalty programs and gift cards etc., while minimizing expenses and risks posed by malwares.
Rather than storing sensitive data on the premises, a cloud-based system stores data in secure servers online. This enables users to get instant access to data and instant implementation of software updates (referred to as SaaS).
Other salient features of Cloud-based POS:
- Uninterrupted service, even if you’ve gone offline - Hardware and Operating System independent - No servers to manage - No downtime for upgrades or software updates