ShopKeep mobile POS

Let’s talk about Mobile Point of Sale (mPOS) versus mobile payments (mPayments).

In the last 5 years, mobile point of sale and mobile payments technology have made quantum leaps, opening a whole new world of opportunities for retailers. Mobile Sharp pos terminal up-v5500 series manuals and mobile payments are two things that are commonly talked about, but it’s not always clear what each exactly means. While the terms “payment” and “point of sale” offer some level of clarification between the two, the options that are available in the market for each are so varied that most business owners can’t quite explain the difference. The problem, however, is that if you don’t know the difference, it’s time to choose your point of sale technology, then you’ll find yourself making the same costly mistake as most small business owners out there. And we don’t just mean in terms of dollars and cents. Choosing the wrong point of sale technology can mean less flexibility with a credit card processor at higher rates, a lack of robust reporting tools that influence better business decisions, and an inability to accept new cutting-edge mobile payments technology such as Apple Pay and other NFC payments. So with that said, how do you differentiate between the two and ensure that you are making the right choice? We’ve outlined what you should know about each below.