In the wake of COVID-19 the mobile payment is fast becoming a must have technology as are all forms of contactless customer interaction. Here's a guide to what you need to know before deploying the technology.
July 13, 2020 by Richard Traylor — Writer, WebstaurantStore
If you're a food truck operator, you need to adapt and change your business to keep up with changing restaurant trends, and using a mobile POS system is the perfect first step. This article will break down what a mobile POS system is, why it's useful for your business, what features might be included, and some great options to get started.
Mobile POS, or point of sale, is a mobile device, such as a smartphone or tablet, that completes a financial transaction with a customer through an app or piece of software. When using a mobile POS system, your device completes the same action as a cash register.
The term mobile POS refers to both the hardware involved, such as the card reader you use to swipe your customers' cards, and the software that completes the payment digitally.
When you sign up for an mPOS service, typically the company will send you a card reader that you can plug into your tablet or smartphone and use to complete transactions. Some companies may send you other add-ons, such as stands for your device or printers for receipts.
One of the biggest benefits to mobile POS systems is that they're portable, which makes them ideal for mobile businesses like food trucks. But, most modern mPOS systems feature more than just portability, which makes them appealing to other kinds of establishments, and they are especially popular in bars.
Additionally, mobile POS systems and mobile payments are great options for delivery drivers as they reduce contact with customers when making change and collecting cash for orders.
Using a smartphone for a mobile payment
Mobile payments are transactions that are totally digital, and customers don't need to have a physical debit or credit card with them to make a sale. As a result, mobile payments, or mPayments, don't require any hardware to accomplish.
Here are some of the most popular mobile payment platforms:
Apple Pay
Google Pay
PayPal
Venmo
Cash App
These systems are especially popular with younger generations that don't want to carry cash and prefer an all-digital method of payment. Mobile payments are also great for food trucks, concession stands, and merchants at festivals and outdoor events where customers may want to make purchases, but don't want to risk bringing their wallet to a crowded event.
Mobile POS systems have become a preferred method of payment by many small businesses due to their flexibility. Plus, food trucks and concession stands like them because they're portable, they can travel with their business, and they don't take up much counter space, which is essential in a confined space.
According to Katherine from Poster, "Reliable mobile POS systems are designed to make your life so much easier!" In addition to helping restaurants complete digital transactions, mPOS systems have a number of other useful features that make them integral to your bar, restaurant, or foodservice operation.
Mobile phone that requires a PIN number
There are many mPOS services, and each of them have their own features and add-ons that make them different. As a result, there are mobile POS features that are designed for bars and others that are appealing to restaurants. But, there are a few features that are useful for every food service establishment and that you should look for when shopping around.
Here are nine essential features bar and restaurant mobile POS systems:
Swiping a card through a mobile POS system
There are tons of mPOS systems out there, but how do you know which one is best and has the most features? We compiled a short list of some of the top mobile POS options for bars and restaurants and listed some of their best features to help you with the decision.
The best mobile POS system for your food truck combines many useful features and designs into one intuitive piece of software, and it should help streamline your business. When deciding which type of mPOS to choose, be sure to consider which features are integral to your business and all of the available options.
Richard Traylor graduated from Temple University in the winter of 2014 with a degree in Strategic Communications. After graduating, he taught English in South Korea for two years, during which he was fortunate enough to travel and see the world. In October 2016, he returned home and started to work in SEO Content at Webstaurant Store. This blog previously ran on Webstaurant Store.