What is the difference between traditional POS and smart POS? Up posture!

In 2015, cash payments and mobile payments launched a protracted war. Corresponding in the field of acceptance terminals, the war between traditional POS and smart POS is also inseparable.

Compared with traditional POS, smart POS is indeed more in line with the trend of the times. It is easy to replace traditional POS with single-business smart pos, but the core competitiveness of traditional POS is system-based, standardized, and industrialized POS acquiring network. Smart POS needs to integrate more era elements to slowly replace it.

After the wave of payment in the QR code last year, the term smart POS is gradually becoming familiar. By cooperating with third-party payment platforms such as WeChat payment and Alipay, an intelligent POS machine can help registered merchants to dock their mobile wallets during collection and complete the payment process. Young people have learned how to spend without a wallet and go out – just use the phone to “sweep”, QR code payment becomes a more convenient and more attractive payment method.

Of course, the emergence of smart POS is not just a change in the way of collecting money, but behind it is a change in the way merchants operate. In the past, merchants always had headaches with a variety of problems, such as: How can consumers quickly and intuitively understand their products? How can I attract more customers to consume my products? What should I do if there is no change at the time of collection? How can I save time and effort by doing daily accounts? I don't know how technology keeps up with the Internet tide... Now, for businesses, perhaps the easiest and most economical solution is to buy a smart POS machine.

Closed VS open

Traditional POS
Usually, the traditional POS we see is generally closed, cannot be effectively associated with other devices, and does not have many means of communicating with peripherals. It is a specialized terminal for independent cash register systems.

Smart POS
The intelligent POS is open and can be easily connected with the cash register system, the ERP management system, and the member system to realize the information linkage between different systems, help the merchant to better establish data communication, reduce the business cost, reduce the manual error, and enhance Internal control services, etc.

Single service VS diverse service

Traditional POS
Traditional POS is limited by factors such as low hardware configuration, different software and hardware development platforms of various manufacturers, and low communication speed. Generally, it is limited to payment industry applications, and it is difficult to load other industry applications.

Smart POS
The intelligent POS hardware configuration is high, the Android operating system + HTML5 development mode, with the imagination space for loading more services, can meet the various business needs of many industry users, and can provide users with a comprehensive solution.

Upgrade trouble VS easy to upgrade

Traditional POS
Traditional POS adopts closed self-owned embedded operating system and application programs, and different brands of products and software are incompatible with each other. When upgrading the application, the traditional POS of different brands requires each manufacturer to develop an application, which has a large verification workload and high development cost.

The traditional POS terminal adopts the remote upgrade of the TMS mode. Due to the large differences in software and hardware between the manufacturers, the complexity of management, the slow communication speed of Modem or 2G, etc., the upgrade success rate is low and the effect is not good. At present, it is mainly based on manual manual upgrades, which requires professional maintenance personnel to upgrade to the terminal location, and the operating cost is extremely high.

1. Traditional POS limitations

a, system upgrade is more troublesome, involving terminal support, communication messages, POSP, and so on.
b. Poor support for non-standard financial business
c, the terminal interaction is poor, the operation is more troublesome
d, integration with other business systems of the business is more troublesome

2, the advantages of smart POS

Smart POS is generally based on Android system customization. It can be understood that smart POS itself is a full-featured Android machine, so smart POS basically avoids some limitations of the above intelligent POS.

3. Based on intelligent POS-derived service model

3.1 Intelligent cash register (Intelligent cloud cash register as an example)
In addition to the traditional cash register cash register, print ticket, scan code and other functions, smart POS also provides:
Integrated payment solution: Support multiple payment methods, including cash, credit card, scan code payment (WeChat / Alipay), third-party account payment, etc.
Member Management (CRM) features: including membership cards, various coupon management, membership maintenance and other functions.
Marketing Management: Advertising, flyers, and promotional activities manage a variety of convenient services: including mobile phone recharge, credit card repayment, bus card recharge and so on.
Smart POS+ Cloud SME SAAS Service + Open Platform (Intelligent Cloud Cashier as an example) is aimed at small and medium-sized businesses to open the basic services of the store, through the smart POS + cloud SAAS service, to help small and medium businesses quickly open stores. include:
a, invoicing
b, accounting bookkeeping / online tax filing, etc.
c. Member Management (CRM)
d, public comment, the US group and other group purchase website group purchase voucher
e, mobile internet e-commerce platform and marketing service platform
f, terminal merchants selectively built-in APP, store and other software applications

3.2. Intelligent POS-based big data service (Intelligent cloud cash register as an example)
a, on the C side: With the member information, you can tap the user's preferences, personalized recommendations based on the so-called scene
b. For the B-end: After the merchant transaction data, you can do business such as credit, credit, factoring, etc. 3.3 Help the financial institutions such as banks and UnionPay to carry out marketing activities and maintain the cardholders.

The more common industry applications currently include:

Payment industry application credit card, NFC, scan code, fingerprint, brush face and other small micro-business applications cash register, bank card payment, invoicing management, group purchase coupon verification, take-out orders, business analysis, financial statements, self-service marketing.
Chain stores use cash register, bank card payment, invoicing management, order management, membership management, group purchase coupon verification, take-out orders, business analysis, financial statements, self-service marketing.
Tobacco stores use cash register, bank card payment, ordering, invoicing management and other hotel self-service self-service reservations (mobile APP), self-service check-in, self-checkout and other convenience service payment, recharge, financial management, electronic mall, ticket purchase, public Donations, such as self-service terminals, personal finance business, wealth management products, intermediary business, advertising, etc.

The future development of smart POS

POS must truly subvert the traditional POS, the core is not simply the most advanced technology, but the network scale and its influence of intelligent POS. Taking the platform operation mode combined with more advanced technology applications is the future trend.
Taking the cloud smart cloud cash register as an example, the application platform model of “business management, marketing management, omni-channel payment method, supply chain finance, and big data analysis technology” is integrated. In addition to solving the most traditional payment and cash register functions, it provides corresponding solutions in terms of improving user experience, improving operational efficiency, solving financial difficulties, and maintaining customer relationships. Moreover, the information sharing and strengthening interaction between the supply chain of the platform is very good to achieve mutual benefit and win-win between the various entities.

Cloud smart POS adopts Android open system, and the operating system and application software are compatible with various hardware platforms, that is, smart POS compatible with different brands and models. Upgrade the smart POS application, and different brands and models of smart POS can realize the development of a set of APK applications, and the development cost is low.

Smart POS With cloud platform and fast network environment (3G, 4G, Wifi, etc.), merchants can download and install downloaded applications through cloud application store client interface (similar to Apple App Store AppStore), or institutions (banks, third parties) The operator is logged in to the cloud application store to configure the background, and the application is actively pushed to the terminal for automatic download and installation, achieving rapid upgrade, remote service, and operating cost is much lower than that of the traditional POS terminal.

S/S VACUUM MUG

WUYI YINGYUAN IMP&EXP CO; LTD. , https://www.yingyuandrinkware.com

Posted on