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Handheld POS terminals, also known as mobile terminals, are common among retailers as they are an effective and efficient way of accepting non-cash payments. A handheld POS machine is a wireless machine for processing electronic or card payments in the retail system. The device sends funds from a customer to a seller through a programmed process. It is perfect for retail stores, especially those that sell luxury goods, as customers can’t move around with a lot of cash, and it’s faster than cashing a check.

How does a Handheld POS Terminal work?

The handheld POS terminal accepts a customer’s debit or credit card, reads their account for available funds through a card reader, and the POS operator enters the transaction amount. The cardholder or customer enters their PIN, and the machine then transfers the entered sum from the customer’s account to the seller’s account, records the transaction, and prints the receipt for both parties.

Benefits of a Handheld POS Terminal

Some of the benefits of a handheld POS terminal are: inventory management, simple invoicing, fast payments, enhanced customer management, better security, fewer errors, and increased customer satisfaction. Inventory management - A handheld POS machine allows you to keep track of all your products as you can tell what’s been sold and what’s left. Simple invoicing - The device will enable you to make invoices for your sales and other necessary categories quickly. Fast payments - A portable POS machine allows quick payment for products and services, as you can complete a transaction in a few minutes instead of going to the bank to cash a check. Enhanced customer management - A handheld payment terminal allows you to easily store your customer’s details, including their name, phone number, email, etc. This makes it easier to reach out to them and increases customer loyalty. Better security - A handheld POS with printer ensures your money is safe from criminals as you won’t have cash or cheques to provide if robbed. Fewer errors - It’s less likely to make payment errors with a POS terminal, and in case this happens, the device can easily show evidence of the error. Increased customer satisfaction - A handheld POS machine will increase your customer satisfaction. When you provide quick and easy service to your customers, their overall customer satisfaction will increase, thus, boosting their loyalty. Finally, an android handheld POS terminal will increase sales as a quick service means more time to attend to other customers and more time to make more sales.