The aim of this chapter is to help you understand different use-cases where Smart Terminals can be applied. By the end, we aim to empower you with the information needed to make an informed business decision towards the offered solutions.
Before delving into specific use cases, we want to highlight the driving factors for SIBS to extend its offer to Smart Payment Terminals. These driving factors primarily include:
Merchants can access information over their payment transactions anytime, anywhere.
By integrating with terminals, merchants gain access to an all-in-one solution, avoiding extra time and resources.
Transforming businesses by leveraging the use of our technologies to improve overall performance.
Enhancing the checkout experience, by enabling different payment methods through our technology.
Enhancing the checkout experience with rapid, intuitive, and easy to navigate payments transactions.
mPOS / SoftPOS
The solution is, mainly tailored for small-medium sized merchants that cope with services connected to Mobility, Delivery, At Home, and Street Food among others. This product was built for merchants that require a portable and intuitive in-person digital payment solution, giving consumers the flexibility and convenience to choose their payment method while enhancing the checkout experience. Additionally, merchants face reduced fees and set up costs.
Use cases of mPOS can include:
Mobility
Taxi Services: Drivers can accept card payments from passengers, making it more convenient and secure for both parties.
Bike Rentals and Scooter Services: Users can rent bikes or scooters and pay via the mPOS, simplifying the rental process.
Home Services
Home Repair and Maintenance: Service providers like plumbers, electricians, and HVAC technicians can accept payments after completing services at customers’ homes.
Personal Trainers and Instructors: Fitness trainers and instructors can offer clients the option to pay for sessions using digital methods.
Delivery
Package Delivery: Couriers delivering packages can provide a more convenient payment option for recipients.
Food Delivery: Food delivery drivers can accept payments at the customer’s doorstep, reducing the need for cash transactions and improving efficiency.
Food Trucks
Food Trucks: Street food vendors can equip their trucks with mPOS systems, allowing customers to pay with cards or mobile wallets.
Outdoor Events and Festivals: Vendors at outdoor events can use mPOS devices to accept payments, making it easier for attendees to purchase food and beverages.
SmartPOS
The SmartPOS solution is designed for larger merchants who rely on electronic payments as a fundamental part of their operations. This is a solution suited for merchants that aim to streamline multiple aspects of their business. Making it an asset for those in the retail, hospitality, ticketing industries who are looking to modernize their point-of-sale processes. Equipped with multiple hardware components (touchscreen, barcodes scanners, camera, printer) it offers a comprehensive solution that seamlessly integrates with various other systems.
Use cases for SmartPOS can include:
Restaurant management
Order Management: Waitstaff can use SmartPOS terminals to take customer orders directly at the table. Then, by having it integrated with Kitchen Display Systems, orders are directly sent directly to preparation.
Menu Integration: SmartPOS system can integrate seamlessly with the restaurant’s menu, including descriptions, images, and pricing. This ensures that customers receive accurate information when making their choices.
Public Transportation
Ticketing: Public transportation systems often employ Smart POS systems for selling tickets for buses, trains, subways, trams, and ferries. Passengers can use contactless cards or mobile apps to purchase and validate tickets.
Events
Ticket Sales: SmartPOS systems can facilitate efficient ticket sales for events.
Concession Stands: Event organizers can use SmartPOS devices to streamline transactions at concession stands, reducing wait times and enhancing customer experience.
Retail
Inventory Management: SmartPOS systems integrated with inventory management software help retailers track stock levels in real-time, automate reordering processes, and minimize out-of-stock situations.
Gas Stations
Pre authorizations: SmartPOS systems can handle pre-authorizations. These types of functionalities are predominant within the gas stations, especially when the final amount depends on quantity of fuel supplied.