We haven’t addressed much about payment processing, but it’s central to every Point-of-Sale (POS) system.
No matter if you’re in retail, service, or any other business to use a POS system, you’re going to need a processor to support your credit card payments.
When you do rent or buy a POS system, you will have to find a processing company to handle any credit card payments.
POS systems don’t just process themselves, or magically make the money appear in your account (though that would be sweet).
So should you bundle the two together?
If you can, yes!
Having a company to service both your POS system and your payment processing is a great way to simplify the two together.
• Communication with one company rather than multiple. Having one company to handle your processing and POS support is an invaluable resource, since you’ll be dealing with one company you trust to help grow your company. Chances of being outsourced are minimized.
• Guarantee your machines will talk to each other. If you go with a provider that covers both your POS system and credit card terminals, the machines will complement each other. Dealing with incompatible machines that will not work together will slow up your business.
• Streamlines your business to be more efficient. With the above reasons listed, streamlining your systems into one smooth process will speed up your processes, increasing your efficiency.
These make a great case for bundling your POS and processing together.
Wait what kind of condition?
We don’t like giving one size fits all answers, because they usually are never that simple, and there tend to be exceptions.
About that condition....
Bundling these two items together is an uncommon thing, and not a huge trend for processors re-sellers of POS systems.
We at BNG Point-of-Sale offer support through our sister company BNG Holdings, but we are one of the few companies that offer such a service.
Finding other companies to do this maybe challenging, and finding a good company to do this is even more challenging.
Companies that offer everything under the sun (we’re looking at you banks) tend to spread themselves thin, and their customer experience suffers greatly.
So if you can find a company that will support both without having to outsource you to another company, bundle it up!
If you’d like to learn more about what technologies steps to take with your own business, or would like a free demo, contact us here.