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What is a Cashless POS System?

    Home ARBA POS Solutions What is a Cashless POS System?
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    point of sale

    What is a Cashless POS System?

    By Blake Bell | ARBA POS Solutions, ARBAPay, Bar Code, Blog, Cafe POS Software, Cafe POS system, Cafeteria Operation, Cafeteria Point of Sales System, Cashless Payment, Cashless Payment Software, Cashless Payment Solutions, Cloud based systems, Contactless Payment, Contactless POS Systems, Corporate Cafeteria, Cosmetology and Dermatology, Cosmetology POS, Dermatology POS, Employee Payroll Deductions, EMV Compliant, Enterprise point-of-sale, Gift Shop POS, Hospital Cafeteria, Hospital Cafeteria Operation, Hospital Cafeteria POS, Hospital POS, inventory device, Inventory Management, Kiosk POS, Microsoft Azure Cloud, Microsoft Azure Cloud, Mobility, Multi Author, Payroll Deductions, Physical Inventory Device, Point Of Sale, POS Inventory System, POS Payroll Deductions, POS System, POS Technology, Quick Service Restaurant POS, Self-Service App, self-service kiosk, Uncategorized, Upgrade | Comments are Closed | 9 June, 2022 | 0

    Companies that leverage ID badge scanning in their employee facilities find an increase in their revenue generated due to an increase in employee participation. Not only do companies find themselves earning more money in their employee facilities, but choosing the right vendor to automate your payroll deduction process also saves valuable time for your payroll department. That’s right, there are companies that exist to help automate your employee payroll deduction process to ensure you are saving the most time and money. The return on investment is enormous. Employees stay well fed, and your company starts earning more money. What is there to lose?

    Cashless POS systems has different meanings to different people. It is my hope that we can clarify what a cashless POS system should mean to you and your business. Yes, a credit card payment is cashless payment, but this is not the only cashless payment to exist, especially not for employee cafeterias, or employee stores. Today, let’s cover the different areas one should recognize when searching for cashless POS solutions.

    Screen Shot 2022-02-15 at 1.00.10 PM

    Searching for Cashless POS Systems

    So, you’re searching for a new POS system to fit the needs of an employee cafeteria or store. Many people may not know what to search when they are looking for a cashless system for their facilities. That is because it is not an easy search to accomplish and there are many companies claiming cashless POS, and they are only referring to credit card payments. A true cashless POS system will have POS solutions integrated with employee payroll deduction accounts or declining balance accounts. This typically comes in the form of ID badge scanning with accounts that interface from the POS to your payroll system. 

    Here is a list of phrases you can search to find a true cashless POS system: 

    • Payroll Deductions POS 
    • ID Badge Scanning POS 
    • Cashless Payment Solutions 
    • Cashless POS Solutions 
    quick service restaurant pos system

    Features of a Cashless Point-of-Sale System

    Many companies will overlook that trends with corporate and hospital POS have changed over the last several years. Whether outsourcing to a food service company or hiring staff in-house, companies can choose a POS system to fit the needs of their own operation. Not every company is the same, and most food service management companies will bring in a POS system that does not offer the many features that your business might be looking for. Be sure to find yourself a vendor that offers the following features with a cashless point-of-sale system: 

    Here is a list of key features you should find with a cashless POS system: 

    • ID Badge Scanning 
    • Payroll Deductions Interface 
    • Credit Card Tenders 
    • Self-Service Kiosks 
    • Online Ordering 

    It’s important to know that there are companies out there can provide these features integrated with cashless payments. Tender types such as payroll deductions, declining balance, and credit cards is what makes a system truly cashless. Combine any of these tender types with solutions like cash registers, self-service kiosks, and online ordering, and you have really found yourself a true cashless point of sale system.  

     

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    Blake Bell

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    • Business Types
      • Enterprise
        • Enterprise POS Systems
        • Multi-Store Hospital Cafeteria
        • Multi Store Hospital Locations
        • Multi Store Hospital Store
        • Multi-Store Corporate Cafeteria
        • Multi-store Restaurant
      • Hospital Cafeteria POS Systems
      • Corporate Cafeteria POS Systems
      • Gift Shop POS Systems
      • Other
        • Company Store POS System
        • Logistics/Shipping Cafeteria POS
        • Logistics/Shipping Company Store POS
        • Senior Living POS
        • Other Retail POS Systems POS
        • Dermatology and Cosmetic Center POS
        • Pet Store POS System
    • Products
      • Contactless POS Solutions
      • Cloud POS Systems
      • Payroll Deductions
      • Online Ordering POS
      • Self Service Kiosk POS
      • Hospital Gift Shop Online Ordering
      • Other
        • Employee Self-Service App and Portal
        • Declining Balance/Draw Down Solution
        • Standalone Payroll Deduction
        • Physical Inventory & Receiving Tablet
    • Technology
      • Solutions Overview
      • Technology Used
      • In House Product Development Team
    • Azure Cloud
      • Microsoft Azure
      • Arba App Development on Azure
      • Benefits of ARBA on Azure
    • Company
      • Services
        • Software and Hardware Installations
        • Project Management Methodology
        • Online or Onsite Training
        • Other Online/Onsite Services
      • Investor Relations
      • ARBA’s Partners
      • Press Releases
      • Blog
      • About Us
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