What is a POS (point-of-sale) system and how does it work?

Now, more than ever, it's essential to use the right point-of-sale (POS) system for your store, restaurant, or pop-up to keep your checkout lines moving and ensure your customers' transactions are fast and secure. Your POS system must also enable customers to pay the way they want, wherever they are. Read on to learn what a POS system is and how to select the right one.

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Disclaimer: This content should not be construed as legal or financial advice. Always consult an attorney or financial advisor regarding your specific legal or financial situation. 

What is a POS (point-of-sale) system? 

A point-of-sale (POS) system is a comprehensive tool comprising hardware, software, and payment services used by businesses to complete transactions and manage operations. These transactions can take place in various locations, including physical retail stores, events, pop-ups, or even online. Let’s take a closer look at how each component of a POS system works.

Hardware 

Think of the hardware in a POS system as your toolkit. It typically includes a register, barcode scanner, card reader, cash drawer, and receipt printer. These tools help you scan product barcodes and QR codes. You can also manually enter prices. 

Software 

The software component of a POS system installed on the hardware handles the heavy lifting. It calculates taxes, processes payments securely, and often comes with features like product catalog searches, inventory alerts, and appointment scheduling. 

Payment processing service 

Most POS systems also include a payment processing service. This service ensures that all electronic payments—whether they're credit cards, debit cards, or digital wallets—are authorized and settled securely and efficiently. This allows you to focus on serving your customers without worrying about the details of payment transactions. 

Read our guide to credit card processing for more details. 

How does a POS system work? 

A POS system is a combination of hardware and software that allows businesses to complete sales transactions both in-person and online. When a payment is processed through your POS, it is verified with your customer's bank (for debit cards) or their credit card issuer before the transaction can be completed. Once the payment is approved, the POS system works with your bank to ensure that the money is deposited into your account as soon as possible. 

Read our quick reference guide to ecommerce payment processing for more details. 

Common POS system features 

Here's everything you'll need from a POS system to start selling quickly, easily, and securely across all of your sales channels. 

POS system hardware overview 

Ideally, a POS machine comes ready out of the box with built-in features for a convenient in-person checkout process. They are all lightweight and handheld for in-store mobility. Some of the key features of POS system hardware include: 

• Terminals
• Card readers
• Self-service kiosks
• Large-display screens
• Dual screens (a dedicated screen for you and one for your customers) 
• A paper receipt printer 
• A barcode scanner to quickly scan product UPCs and QR codes 
• End-to-end encryption with payment card industry (PCI) security compliance 

POS systems with smart terminals work with in-person payment options other than credit and debit cards, such as tap-to-pay and digital wallets. These are often better for payments on the go. 

POS system software overview 

Some of the best POS systems let you configure your new hardware online before the device arrives. For example, you can add your product listings in advance, upload company logos, and customize printable receipts. This means your device is ready to accept transactions as soon as it's out of the box and connected to your Wi-Fi. 

It's important to look for a POS system that's scalable and versatile. This enables you to manage and track every sale you make online or in-store, rather than using software that can only be installed locally on your device and does not integrate with other payment data. 

Top POS systems come with a dashboard that keeps you organized and enables you to quickly track your inventory and view metrics on how your small business is performing. With the help of visual graphs, you can map your sales and orders. The dashboard also allows you to compare the performance of sales across all locations where your business operates, providing access to both in-person sales and online orders from platforms such as Amazon, Google Shopping, Instagram, Facebook, and others. 

POS payment processing overview 

Your POS system should be able to process all major credit and debit card transactions, as well as offer additional payment options via digital wallets on customers' phones. Many shoppers adopted contactless payment methods, like digital wallets, during the global pandemic and continue to use them, so it’s important to have a system that works for them. Be sure to get a card reader or POS terminal with a battery that lasts all day and enables your customers to tap, dip, and swipe to process payments anywhere you sell. 

Wi-Fi connectivity as well as the ability to accept offline payments are both important when considering a POS system, so you never miss a sale. In addition, you can look for a POS that supports cellular access if you plan to sell in areas where Wi-Fi connections are unavailable.

If you sell on the go at a local farmer's market, pop-up, or event, you can use a card reader like GoDaddy's portable credit card reader with a docking station for all of your card and contactless payments. 

Who can benefit from using a POS system? 

POS systems can benefit a variety of small businesses and their customers, including: 

• Boutique managers who sell unique, high-value items 
• Bodega owners who sell a wide variety of products 
• Bakeries, coffee shops, or tea shops that might sell pre-made taxed food items along with dry goods or kitchenware 
• Restaurant or food truck owners who need wireless solutions 
• Pop-up shops or events where retailers promote and sell items on the go 

Pros and cons of using POS systems 

Still not sure whether a POS system is a good investment for your business? Consider these pros and cons. 

POS system pros 

• Help with inventory tracking and management 
• Process all types of payments from one device quickly and securely 
• Let your customers pay however they want 
• Versatile and can scale as your business grows 
• Many POS systems work with tools that calculate your sales taxes for you, saving you time and money 
• Enable you to create and scan QR codes and add coupon codes or loyalty reward programs 
• Can be customized with your branding for receipts or payment confirmations 
• Some systems integrate with online sales and let you seamlessly track your sales data wherever you sell 
• Many POS systems come with free trials 
• In addition to improving efficiency and the customer experience, a modern POS system can be a key component in your overall loss prevention strategy by helping to prevent and detect internal theft, fraud, and inventory errors.

POS system cons: 

• Some providers have hidden fees or long-term contracts 
• Some systems are hardware-dependent 
• Many require you to sell while a customer is present 
• Some systems are less reliable and harder to set up 
• A POS system might not fit your current business model or your clientele's needs 
• Quality of customer service varies between providers 

Industry-specific POS features 

Not all businesses run the same way, so our point-of-sale system shouldn’t either. While most POS systems offer standard tools like sales tracking and inventory, some industries need a little more to keep things running smoothly.

If you run a salon, spa, repair shop, or other service business, appointment scheduling tools are a must. The right POS system lets you book appointments, manage your team’s calendar, and send automated reminders to cut down on no-shows. It’s one less thing to worry about and creates a smoother experience for both you and your clients.

Larger display POS for Food and Beverage 

For counter-service restaurants and coffee shops, speedy checkout at rush hour is key. Larger displays let staff view orders and catalogs side by side for faster, more accurate checkout, enhancing overall customer satisfaction.

Critical features for the retail sector 

Running a retail shop? Look for a POS that goes beyond basic checkout. Features like detailed inventory tracking, staff management, and built-in tools for online and in-store sales help you stay organized and sell smarter. A retail-ready POS helps you stay competitive and keeps your customers coming back. A robust inventory management also allows immediate visibility into low and out-of-stock items, preventing missed sales opportunities, and provides the ability to directly update inventory on the terminal, improving efficiency at the point of sale.

Factors to consider when choosing a POS system 

Choosing a POS system is a big deal because it can shape how you run your business day-to-day. From handling transactions to syncing with other tools you use, the right POS setup makes everything smoother. Here are a few things to keep in mind as you shop around:

Transaction volume 

If your business handles a steady stream of transactions (or expects to), you’ll need a POS system that can keep up without lag or crashing.

Customer purchasing channels 

Do you sell in-store, online, at pop-ups, or all of the above? Look for a system that supports multichannel selling, so you can meet your customers wherever they are.

Integration with other software systems 

A good POS should integrate easily with your existing software, like your accounting, CRM, inventory, ecommerce platform, and marketing tools. The more things work together, the less time you spend jumping between tabs.

Business type and industry specifics 

Different industries have different needs. Look for a POS that’s built to support your type of business.

Scalability needs 

Make sure your POS can scale with you. Whether you’re adding new locations, products, or team members, your system should grow with your business, not hold it back.

Budget constraints 

Consider upfront hardware costs and monthly software fees, but also think long-term. Look for a system that gives you the features you need at a price that makes sense.

Operational requirements 

Make a list of what matters most to your workflow: inventory tracking, staff scheduling, loyalty programs, and more. This can help you avoid paying for features you won’t use.

Ease of use 

The best POS is the one your team actually likes using. A clean, intuitive interface cuts down on training time and mistakes so you can get to work faster.

Pricing 

Make sure you understand the full pricing breakdown, including hardware, software, monthly or yearly fees, and transaction fees. No one likes surprise charges.

Quality of customer support 

When something goes wrong, solid customer support can save the day. Look for a provider with responsive, helpful service that keeps your business moving.

Inventory management features in POS systems 

If you sell physical products, keeping track of your inventory can make or break your bottom line. A modern POS system helps you stay on top of your stock in real time, across every channel. Here are some must-have features to look for:

• Real-time product tracking: Know what’s in stock at any given moment. As items sell or get restocked, your inventory updates automatically.
• Stock management: Set custom reorder points, track stock movements, and get ahead of issues like overstocking or running out of bestsellers.
• Digital inventory counts: Ditch the clipboards. A digital inventory count saves time, reduces errors, and gives you more accurate data you can actually use.
• Handling product variants: Manage all your variants under one product listing, so nothing slips through the cracks.
• Bulk-editing and Bulk-uploading: Bulk-edit your catalog for the simultaneous update of multiple catalog items, drastically reducing the time spent on individual product modifications. The ability to bulk-upload the catalog helps users migrating to a new system in easily transferring their existing product information.
• Low-stock alerts: Set alerts to give you a heads-up when it’s time to restock, so you never miss a sale due to an empty shelf.
• Automated reordering: Save time by setting up automated reorders when stock hits a certain level.
• Multi-channel syncing: Keep inventory consistent across the board to avoid overselling and keep customers happy.
• Barcoding: Use barcode scanning for quick and accurate data entry during sales and inventory counts. 

What is the average cost of a POS system? 

The average cost of a POS system varies from $0 to $2,000 for the first year. This includes hardware, software, and installation fees. The hardware alone can range from $0 to $1,700 per terminal, and the software fees typically fall between $0 and $300 per terminal. After the initial purchase and setup, ongoing average costs are around $1,000 per year, depending on factors like inventory size, number of registers, industry size, revenue, and add-on features. Some companies offer free POS software, and some even include free POS hardware. 

Payment processing costs 

When you accept credit card payments, there's usually a fee that comes with it, typically ranging from 1.5% to 3.5% per transaction. This fee covers several smaller fees that are passed on to the credit card network, the bank that issued the card, and the payment processor. 

There are a couple of ways these credit card processing fees are calculated. One common way is a flat-rate model, where you pay a percentage of the transaction amount plus a small, flat fee. Another way is called the interchange-plus model, which can be a bit more complex. It breaks down your point-of-sale (POS) fees into two parts: the wholesale rate set by card networks (interchange) and a small markup from your payment processor (the “plus”). This pricing structure gives you more clarity and control over what you’re actually paying for each transaction.

In general, businesses might see higher fees for online or card-not-present transactions compared to in-person sales. And don't forget, depending on your payment processor, you might also encounter some extra charges like chargeback fees and PCI compliance fees. 

Note: GoDaddy Payments offers competitive fees per in-person transaction in the industry. There are no long-term contracts or monthly minimums and no unexpected fees, either. 

Types of POS systems 

There are several types of POS systems that you're likely to encounter, each designed to meet different business needs. These include legacy POS systems, cloud-based POS systems, mobile POS systems, and omnichannel POS systems. 

Legacy POS systems 

Traditional POS machines and systems store your sales data on local servers in a closed internal network. However, this scenario can make you vulnerable to system crashes and technical issues, leading to long checkout delays and unhappy customers. Many grocery stores and big-box stores might still be using these legacy systems. 

Cloud-based POS systems 

Cloud-based POS systems can process credit and debit card transactions anywhere and store your sales data in the cloud. If there is an online technical problem, most cloud-based systems also work offline to save you from lost sales and customers. 

Cloud-based systems work with mobile-optimized POS machines to process customer payments however they want and wherever you interact with them. You can also view and analyze your sales data from anywhere in real time via a cloud-based dashboard across all of your sales channels. Cloud-based POS systems are also often easier to use and more affordable. 

Mobile POS systems 

A mobile point-of-sale (mPOS) is a wireless, portable device, typically consisting of a smartphone or tablet. mPOS systems perform the same payment functions as a standard cash register or conventional point-of-sale system in a smaller footprint. 

Essentially, it is a digital and highly flexible alternative to the traditional cash register. Rather than being confined to a specific location, an mPOS allows businesses to conduct transactions anywhere. 

Omnichannel POS systems 

Today’s customers shop everywhere — online, in-store, through social, even from their phones while waiting in line. An omnichannel POS system brings all those touchpoints together so you can deliver a smooth, consistent experience no matter where the sale happens. That means easier tracking, better data, and smarter decisions.  

Find a versatile and transparent POS solution 

Now that you know what a POS system is and how it works, take the time to carefully evaluate your options. You don't want any surprises when you receive the hardware and find out that it doesn't integrate with your online system, or that the transaction fees are steeper than you anticipated. Look for a scalable and integrated POS software solution that lets you sell wherever your customers are and enables them to pay the way they want. 

We suggest checking out our comparison on the best payment processors to get started. 

To learn more about GoDaddy Payments and credit card processing, read: How to accept credit card payments in-store and online. 

Point of sale terminal (POS) means an electronic device that processes payments with credit cards, debit cards, grocery vouchers and electronic wallets that are used in both physical businesses and in locations that are not always stationary.

It consists of software and hardware that in combination allow the processing of a transaction, so that with any plastic (credit cards, debit cards or vouchers) it is possible to make a payment no matter if they are from the same bank or are backed by different institutions.

What role does the POS play?

Its main function is to process the card payment, which happens because the Point of Sale Terminal becomes the medium between card-bank-deposit account. This way, once a customer pays with a card, the POS uses software that processes information, validates the balance and transfers it to the store account.

With technology development, any business can have a terminal, regardless of the type of products it sells, whether it offers any type of service, is a freelance or a consolidated company with several branches, it is very likely that customers will feel more comfortable paying with a card.

Businesses alone, however, cannot create a system to accept cards, as they must follow certain guidelines provided by institutions such as Visa, MasterCard or American Express and developing it would cost a fortune for them, so they need an external terminal to make it happen.

In spite of this, many businesses, either due to lack of knowledge, lack of decision or because they do not see the need, are not implementing card payment and this is taking away their profits.

What are the types of terminals?

It could be said that, due to their characteristics, there are three types of POS terminals on the market:

Elanda contains other products and information you need, so please check it out.

Traditional or bank terminals: having a software that processes the payments and a hardware that reads the card to accept the sales. This may be connected to an Ethernet cable to receive a signal from the banks or it may be wireless, being connected to your business's Wi-Fi network.

This is called banking as it is provided by the banks to any business that requests it.

Virtual: very popular in e-commerce, it is an online payment system that enables stores to accept card payments over the Internet. These systems require to be hired by the e-commerce.

Mobile: typically connects to a mobile device (cell or tablet) and requires mobile data or Wi-Fi to receive a signal. When you need portability in your business or need to move to different places to make your sales, you can use it as a good option.

Mobile versions have the same functionalities as a traditional terminal, however, they are not linked to a bank.

Businesses need to know the differences between a traditional terminal and a mobile one.

Differences between traditional and mobile terminals

Traditional terminals belong to a banking institution, so they are also known as bank terminals and generally charge a commission if you are paid by credit card and another one if you are paid by debit card; also, the amount of the commission changes depending on your business line.

For portable terminals, commission is fixed regardless of the type of card or line of business. This could be the main difference, although there are other distinctions, about which more details will be discussed later.

For the time being, we will mention the commissions charged by bank terminals, but in order not to go into detail, we will talk about the averages indicated by Banxico in its document "Discount rates paid by businesses for accepting card payments".

For instance, in the case of a debit card transaction, the average commission in a beauty salon is 2.87%, that is, if a transaction of $100 pesos is made, the bank keeps $2.87 pesos. The average commission for a credit card transaction in the same line of business is 3.02%, which means that if you make a transaction for $100 pesos, the amount the bank withholds as commission is $3.02 pesos.

In the case of mobile terminals in the Mexican market, they charge an average of 3.52% of each transaction plus VAT. In this case, the 16% VAT is applied to the amount obtained from the 3.52%. Let's make an example: for each transaction of $100 pesos, $3.52 pesos are withheld and $0.56 pesos for VAT. So you are deposited $95.92 pesos.

There are other amounts charged in the case of traditional or conventional terminals, while for mobile terminals, only the commission fee applies.

Payments for terminal ownership

A common charge at bank terminals are monthly fees, and these are a deterrent for small businesses, because a monthly rent can make a huge difference. 

Many banks ask for a minimum monthly billing (the average is around 25 thousand pesos per month) to avoid this charge, and if you don't complete it, you will have to pay from $100 to $300 pesos as rent, depending on the institution.

Mobile terminals do not charge fees of any kind, just buy them and they are ready, because they are immediately property of the business, and only the commission will be retained, but if a business stops using them for a long period of time and uses them again, there will be no penalties or hidden charges for lack of use.

Equipment fees

There are different models of traditional terminals, the most common are the fixed one that connects to the internet via wired, the wireless one that connects via WiFi and the one with cell connection. 

In order to have them, you will have to pay a monthly rent ranging from $100 to $300 pesos, depending on the model, which you will not be able to exempt because you are renting the device. In case you choose the model with cellular connection, you must add a monthly cost for the chip line, which also varies depending on the financial institution.

For the mobile terminals the cost varies and ranges from $299 to $749 pesos for the simplest reader, however, once you buy it, it is yours and you do not pay extra fees or rentals. Although, for the simplest model, a cell or tablet is needed for it to work, since the mobile device downloads the application allowing it to function properly.

Other options of mobile terminals are more expensive, but they already have an integrated device very similar to a cell and include the mobile line that provides internet connection and for which you do not have to pay extra. Some also include ticket printers and extra functionalities completely free of charge.

Notice the details in the small print

You should verify the scope when contracting a terminal from the bank, since many times it includes penalties for not meeting a minimum balance, and if you need another terminal then you must pay what we have already mentioned for each one of them.

No mobile terminal makes an extra charge to the commission for each transaction and you must buy each one you need. 

One thing you should pay attention to is what type of cards the terminal accepts, usually American Express has a higher rate (from 4.9% to 2.9%). Something similar happens with cards from other countries, as the commission is also higher. This does not happen with portable terminals.

For you to have a clearer idea of the options available in the market, we present a comparative table of Clip devices, their main features and differences.

It will depend on the terminal you want, but here we share with you the minimum requirements. For a traditional bank terminal it is necessary, as a first step, that you have a business account with the financial institution or bank, if you do not have it, the process may take longer because you must first obtain it and then build a credit history for a minimum of three months.

• Depends on each bank, but usually the requirements are to go to the nearest branch with the following papers: 
• Check account 
• Proof of address
• Identification 
• RFC 
• Bank statements and tax returns 
• Articles of Incorporation in the case of a legal entity 
• No bad credit history in the credit bureau.
• Pay a membership fee ranging from $200 to $300 pesos.

With portable terminals, all you need is to buy the device, a cell (usually a mid-range one is enough), open your account on the terminal's website and a CLABE account where your transactions are deposited.

However, there are solutions that do not need a cell or tablet to connect, as they are totally autonomous, so they are more like a hybrid between a cell and a point of sale terminal.

How does a POS terminal work?

Typically, in the course of a transaction, a Point of Sale Terminal, regardless of whether it is traditional or mobile, performs the following for the authorization of payment:

1. When the card is swiped at the POS, the information contained on the customer's card is read. This can be through the chip, magnetic stripe or contactless technology.
2. The bank of the business asks whose card it is and connects with its back-up and its bank.
3. The security system supporting the plastic (Visa, MasterCard, Amex, Carnet, etc.) reviews the information and approves or rejects the transaction.
4. Information is sent to check if the card has funds in the customer's bank account to make a transaction. Otherwise, the transaction is declined, but if it does not, the user's bank accepts the transaction and continues.
5. Visa, MasterCard or Amex approves the transaction.
6. The bank of the business sends the approval to the business.

Step two is clearing, a process that usually happens at a closing period of the business, bank or institution that indicates that your day is over.

1. The bank of the business sends the information to the transaction authorizing institution.
2. The clearing system (MasterCard, Visa, Amex) verifies the information and approves the amounts.
3. The clearing system sends sale and purchase information to the business and cardholder, respectively.

The last step is settlement, typically occurring the day after the transaction.

1. The bank of the business reminds the institution about the clearing. 
2. The clearing institution notifies the customer's bank to settle the debt.
3. The customer's bank pays the bank of the business
4. Bank of the business deposits the amount to the bank account of the business.
5. Records the sale and issues a receipt, which can be printed or digital.

Everything happens in a few seconds and it is possible thanks to the technologies and security protocols established by MasterCard, Visa, American Express or Carnet, as conciliating institutions.

It should be noted that in any of the options, you will not have the money immediately in your account until 24 to 48 hours after the sale. This is due to the security protocols followed by the POS and cards, mainly because you must verify that the issuer authorized the payment.

There are options, however, where the deposit of your money can happen up to 4 hours after the transaction, since the collection system is connected to your deposit account, as is the case with Cartera Clip.

When there are no problems detected, the payment will be processed to your account and on the day of the deposit, a statement will be sent to you describing each of the transactions that took place the previous day. 

On the day you are deposited, you will receive a statement describing each of the transactions you had the previous day, provided by both of them.

Additional advantages of having a bank terminal

Not only does this device allow you to accept card payments, but it also offers clear benefits such as increasing the number of shoppers and your average ticket. Accepting cards doesn't limit your customers to the cash they carry in their pockets. According to a quantitative study conducted by Clip in December , 9 out of 10 users increased their sales by up to 10%.

Equally important information is shown by MasterCard, which points out that businesses that offer card collection increase their average ticket by 30%.

The security of your business also improves. This is for several reasons, the first of which is that you stop using as much cash as before, although it is practically impossible to stop receiving cash, the cash flow decreases even if you continue to sell more. Additionally, your trips to the bank to make deposits will be fewer or with a smaller amount of cash, which reduces the loss in case of theft or misplacement and, lastly, reduces the risk of receiving counterfeit money.

Something that few take advantage of, but that could bring even better benefits, is that it facilitates your inventory management, since you can use point of sale systems that connect with your terminal and mark the products you are selling, know which ones you still have left and plan orders to your suppliers in advance. Some solutions already include an integrated POS system to make your job simpler.

One of the advantages is that it speeds up your sales process by not having your customers waiting for change or not having enough cash. This makes cashing up easy and simply by using the terminal you will be able to improve the way you deal with your customers.

One thing that a point of sale terminal will allow you to do is to check all your income without problems, review your account statement, have a summary of transactions at hand and above all, maintain your accounting up to date in a simpler way. This will facilitate the entire administration of your business.

When you have a point of sale terminal, you will be able to offer interest-free months so your customers can make larger purchases with deferred payments. This usually works with all cards in mobile terminals, but in the case of bank terminals, it depends on the bank's agreements with other financial institutions.

In addition, some mobile terminals offer extra products such as a digital wallet designed exclusively for the business, with unique advantages such as no commissions or the availability of money in less than 4 hours.

Also, there are some terminals that offer the option of providing balance to customers with the main cell companies in the country. Although this is an opportunity to provide more services to your customers, of course, you should review all the available options in the market.

Credit and debit card growth in Mexico

Why is it important for a business to offer card payment? Simply because in Mexico, according to figures from the Banco de Mexico, there are more than 24.3 million credit cards and almost 127.3 million debit cards.

Then, the lack of a point of sale terminal would put you at a disadvantage compared to your competitors, given that in Mexico and around the world paying with non-cash means is a trend.

Consider this situation briefly: in there were 92.6 million debit cards, seven years later the number of active cards increased by almost 60%, i.e., by the first quarter of there are close to 153.9 million plastic cards (as per data from the Banco de Mexico).

These 153.3 million do not mean that they are the number of people with cards (the population in Mexico is 129.2 million people) but it is concentrated in 54 million Mexicans, 68% of the population aged 18 to 70 years, according to the third National Survey of Financial Inclusion (ENIF) , this means that the number of sales opportunities is huge and so, your business take advantage of these small benefits.

In accordance with the ENIF, 8.3 million people have a credit card; yet, central, eastern and southern areas of the country have the lowest percentage of accounts compared to the north. 

Although great efforts of inclusion are being made in these areas to level them through the promotion of digital means of payment that are safe and reliable. There is also the Mexico government Banco Bienestar plan to achieve more banking penetration for all people in the country and start using cards.

How much money do Mexicans spend with cards?

Based on Banco de México (Banxico) figures, from January to March , credit and debit cards were used 923.1 million times, in which 581,193 million pesos were spent during the first three months of .

Figures even go further and explain how many times debit cards were used at point of sale terminals (728.4 million times), spending 390,287 million pesos.

Each debit card transaction at a terminal averaged $535.77 pesos.

Although the credit card was used fewer times, 194.6 million times, however, spending was higher each time it was used, as on average each transaction was $980.73 pesos, meaning $190,906 million pesos spent in the first quarter of through credit cards. 

Based on this data, businesses have an idea of the importance of a mobile terminal: using it, not only can they make collections, but they can also do so for higher amounts because it is not every day that a customer decides to spend more than a thousand pesos in cash.

This also explains in a clearer way the data from MasterCard and Clip, in which it points out that a business with a terminal increases its average ticket.

Knowing more about this device and considering accepting card payments, you may be considering which terminal is best for your business.

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Contact us to discuss your requirements of POS Terminal supplier. Our experienced sales team can help you identify the options that best suit your needs.