Hello there! It's ideal to meet you all once more. I began my profession in a SaaS-based organization building POS and ERP items for entrepreneurs. Much to My dismay there could be a moving subject to comprehend - What is the distinction among POS and EPOS? I can detect your grinning. Who cares? Google and find out. Not unreasonably basic. You can peruse such countless web journals and even gander at the recordings. However, there will be a clear absence of lucidity toward it's end. That is the manner by which I felt as well. Then, at that point, with the right insight, working together with item specialists, and committing errors (obviously!). I got to know the genuine contrast. Thus, I have faith in the adage, 'Sharing is mindful!' So, let me share my learning of POS Vs. EPOS, i.e., Point of Sale Vs. Electronic Point of Sale with you.
What is POS?
A Point of Sale framework, or POS, is where your client finishes installment for the items buys or benefits experienced from your store. Or on the other hand in basic words, a POS framework is where a client finishes a retail location exchange.
Recall the massive and weighty gadget at the checkout counter? Indeed! That one.
Reference: Questions to ask about POS system
What is EPOS?
EPOS or Electronic Point of Sale framework consolidates both the highlights of EPOS equipment and EPOS programming. EPOS offers a further developed innovation to give better business tasks and execution. Or on the other hand it's ideal to say that EPOS is the electronic arrangement of the conventional POS frameworks that for the most part work on the web. Your store's finished data gets totally gotten on a cloud.
What is the distinction among POS and EPOS?
We should examine a couple of the significant areas of business where the contrast among POS and EPOS is plainly obvious.
Security
At the point when we discuss POS Vs. EPOS, security is one central issue for entrepreneurs. EPOS frameworks offer preferable security over conventional POS. Since EPOS frameworks are online, you want better security conventions to store and oversee information. Client information should be secured. While, with regards to a customary POS framework, the possibilities losing information because of an assault on the nearby server or equipment disappointment are more. EPOS frameworks are more secure to use as they are less compromised. Likewise, there is an element called 'Security cash cabinet' for security the board where the money cabinet can be opened exclusively at the hour of charging and not constantly. This limits unapproved clients from getting to it.
Reference: Best retail POS system
Adaptable Payment Options
The manner in which we trade cash is continually evolving. Clients across geologies favor numerous installment strategies, for example, touchless installments, online installments, conventional Mastercard installments, and some more. Organizations ought to be fit for taking on them.
An EPOS framework is more adaptable with regards to methods of installment. Conventional POS frameworks, generally speaking, acknowledge just money and a credit or check card. This cutoff points business and even keeps specific clients from utilizing the business' administrations or items. Along these lines, having various installment strategies for your business is fundamental to draw in additional clients. The cutting edge EPOS frameworks can acknowledge touchless or online installments. At the point when you make an installment through card or SMS connect or PayTM, the POS will finish charging solely after the installment is refreshed continuously, ensuring there are no dubious installment exercises.
Equipment Flexibility
Equipment adaptability is a significant distinction among POS and EPOS. Customary POS frameworks generally work just with the default equipment introduced, i.e., a fixed terminal with a money cabinet and charge card peruser. Simultaneously, an EPOS framework is more adaptable for your business. An EPOS framework is viable with different gadgets like Bluetooth printers, Barcode scanners, cell phones, and the sky is the limit from there.
Upkeep
With regards to Traditional POS, it is not difficult to keep up with and requires no particular preparation. Yet, EPOS requires consistent programming refreshes, security checks, and protection examining to ensure everything is moving along as expected. On the off chance that a customary POS framework crashes, the substitution is simple. However, when an EPOS framework gets gone after, you need to supplant the whole framework and embellishments.
Arising MPOS patterns
EPOS adventures further and change into MPOS, i.e., portable POS. With contactless installments and portable wallets like Google Pay, PayTM, and PhonePe expanding in notoriety, mPOS frameworks are additionally better prepared to oblige those clients who wish to tap or plunge their telephone to pay.
mPOS is financially savvy, permitting an entrepreneur to manage exchanges without putting resources into an electronic register or paying to help the product. mPOS innovation is essentially more affordable than a conventional POS, and it depends on cloud-based membership models that brag low starting expenses and month to month upkeep installments. mPOS frameworks can likewise prompt more limited checkout and bring lines back.
Indeed, even in foundations with customary ledge POS frameworks, a mPOS can be conveyed during rush or weighty traffic to forestall reinforcements at the deals registers, smoothing out client care.
Reference: Purpose of POS system
Administration and backing
EPOS now and again needs extraordinary help to determine issues because of associated equipment inclusion. While a conventional POS framework, it doesn't need that. The coordinated equipment can't be overhauled in EPOS. For instance, in the event that the installment assortment gadget is simply card swiping, today we have one-tap installments/UPI QR code, and so on, which isn't possible in EPOS. You need to change to a more current form.
