Reasons Retail Businesses should use EPOS App
Having a retail business means, you consider keeping your business up to date so as to keep up with the pace of advancements.
The most important function is conducting thorough research for your product’s demand, you devise a business plan to trigger the success with enough and sufficient supply to the market.
Also, a businessperson must know that no amount of planning is complete without acquiring a point of sale software (payment channel) for a retail business.
Quite recently, E-POS App has set a new standard for companies and sales transactions despite the success of POS terminals over the past years.
Now the reason for E-POS Applications having taken over is simply the better business experience with this advanced technology.
About E-POS:
E-POS App is advanced technology available in the form of an API (Application) in your mobile phone. Apart from making your transactions quick, secure, and convenient, this technology is apt for the omnichannel aspect of your business.
While you support your end customers with home deliveries, this API sits in the mobile phone with the deliveryman and reaches the customer’s doorstep for instant payment.
Enabling on-the-spot payments, it generates a payment link for the same, which can be shared with the customer via a QR code or any communication channel (social media, email, SMS, etc.) to make the payment from Debit or Credit cards, Net banking, UPI, etc.
From being a handy POS machine to enabling quick payments, the E-POS application is devised to make the businessperson carry out hassle-free day-to-day online transactions.
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Electronic Point of Sales (E-POS) App for a retail business:
Available right from the mobile play store
The e-POS app is equipped with the feature to be available right from the play store. This feature adds to the convenience of the merchant as it can be downloaded with sheer ease from a single platform.
This platform is easy to access, provides the merchant with an E-POS app and makes collecting online payments extremely easy in no time.
Payment link/QR-code enabled
E-POS app is a payment link/ QR-code enabled platform. This app provides the merchant with the feature to share the QR-code on multiple other platforms for easy and multiple payment ways.
Another way to collect payments using the EPOS app is via sharing the payment link. Both the QR code and payment link generated are customized for the mentioned payment.
This payment link can be shared on any social messaging application for online payment collection.
Quick processing of payment
The system is developed with the ability to quickly process payments and thus, does not involve much time for either the merchant or the customer. With the minimum information for input and generating QR code/payment link, it saves time and effort.
Equipped with the feature of accepting various payment methods
EPOS application provides various payment methods that are available on this easy-to-operate and secure platform for accepting online transactions. This feature allows the merchant to accept online payments from various methods of payments available to the customer, and thus, it retains customer loyalty.
Backed by robust technical support
E-POS App is developed to provide quick, secure, and convenient online transactions and is backed by robust technical support. In the case of Lyra’s E-POS, it is backed by robust and secure technical support to provide the customer as well as a merchant with hassle-free digital transactions. This feature is to avoid chargebacks and frauds.
Developed to help the merchant operate it with minimum efforts
This platform for receiving payments in a time when people prefer payments through cards or apps, it is mandatory for a retail business to have an E-POS application. It is specially devised for the merchant to be able to operate the same with minimum effort and maximum ease.
It does not require any complicated information to generate a payment order. As you can see, the merchant only needs to enter the minimum required information. The use of this mobile application does not need any crucial information from the customers like their personal details, bank details, etc.
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Benefits of using EPOS Application for Online Payment Acceptance
Let’s go through the benefits that follow, which make the E-POS app the apt method of digital transactions for a retail business:
It accepts maximum payment methods
EPOS app, apart from being an easy-to-operate and easy-to-opt method, is known for its ability to accept maximum methods of digital payments. Nowadays, the majority of people rely on mobile as well as cards to make online payments and do not prefer carrying cash with them.
This has successfully made the EPOS app popular amongst businesses, especially, small businesses. Thus, the Lyra E-POS app has proved to be the most convenient, reliable, and secure way of carrying out day-to-day online transactions for the masses.
Helps to organize sales targets better
An EPOS application helps the merchant better its sales target with the facility to help you track individual performance amongst the staff. EPOS makes for a greatly organized sales target with this.
This implies that the merchant can identify exactly where the business needs improvement in terms of boosting the sales and work upon the same.
Easy to Operate and Mobile
A quality E-POS system is easy to operate with minimum effort and process for digital transactions. Moreover, it is mobile and can help with omnichannel businesses. Specifically, E-POS by Lyra is an easy-to-operate system and takes very little training.
Even a demo of the working of the E-POS app is enough for the merchant to start using the same and avail benefits of its many features. Such simplicity in operating and the mobile feature make it the perfect fit for your retail business.
Secure Platform
Lyra EPOS app provides a secure platform with the benefits of fraud minimization and minimal chargebacks. In addition to the compliance with PCI DSS V 3.2.1 and card schemes, this mobile application is 3D Secure and is equipped with Secure Lyra Payment Gateway
Such security helps the merchant not only avoid revenue loss but also aids in maintaining customer loyalty. With maximum security and quick transactions, customers remain assured of the transaction platform is reliable.
Hence, it makes customers make frequent purchases from the same store for future requirements.
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