If your current point-of-sale system is limited to one location inside your business, it’s time to rethink. Mobile payment processing terminals like the Clover Flex make it fast and easy to accept payments from virtually anywhere. Join us as we take a closer look at the benefits of the innovative Clover Flex.
On the surface, it may seem like the typical retail checkout process has changed very little over the years. Sure, we’re now using cards far more often than cash, and the registers are computerized rather than mechanical, but shoppers still need to go through the old routine of heading to the checkout counter, lining up to wait their turn, having the staff member ring up each item, and finally complete the payment at the POS terminal. It’s a tried-and-true process that has kept retail businesses running for countless years.
However, the world of retail has been experiencing a great deal of disruption in recent years from a variety of different factors. While some of these are due to the introduction of new technologies, others are due to changing consumer preferences and evolving shopping behaviour. Adapting to these new demands is critical to business success, and one of the best ways to elevate the checkout experience of your customers is with a flexible, portable point-of-sale solution like the Clover Flex from MONEXgroup.
Of course, there are many different POS solutions you can select for your business, so how can you know if one option really is the best for your business? Well, there are some qualifying questions you can ask yourself to help you narrow the field of choices and make a more informed decision.
How Can I Find the Best POS System for My Business?
As the name suggests, contactless payment systems involve payments made through any medium not using actual physical cash. All transactions are completed electronically through a wireless technology called Near Field Communication (NFC). Contactless debit and credit cards are the most common payment methods in these systems. Inside each card is an encoded memory chip that stores the customer’s financial information, making it essentially a minicomputer. These cards also come with a wireless antenna which allows the contactless connection between the cards and the business’s card readers or NFC readers.
Unlike traditional card payments, these cards are not inserted into a card reader or swiped. Thanks to NFC technology, all you need to do is bring the card near the reader or give a slight tap to establish a connection and initiate a transaction.
One of the first examples of contactless payment systems was a system called Speedpass in 1997. Mobil gas stations offered contactless payment devices that clipped onto a key ring and customers waved the device over a square at the gas pump to pay instantly.
Top 5 Benefits of Clover Flex Mobile POS Terminals
Payment Method Flexibility
Gone are the days when POS terminals just needed to handle cash or credit. Now, there are many more types of payment methods that need to be accepted, including digital wallet payments, NFC tap-to-pay chip cards, digital gift cards, and more. With the Clover Flex, your business will be equipped to process a wide range of different payment methods with ease, from physical cash and coin to the latest in digital payment technology, and beyond.
Compact & Portable
Having your POS terminal in a fixed location in your business was the standard approach in the past, but with the Clover Flex, you can take the payment terminal anywhere you want. Many retailers and restaurants have already ditched their old point-of-sale stations in favour of the compact size of Clover card readers. Customers love the ability to checkout from wherever they are, speeding up the transaction process and getting them back on their way in less time. Clover Flex terminals can send receipts digitally, or you can use the built-in printer to issue a receipt on the spot.
Access to Business Data
Taking payments and processing transactions is just one role that a modern point-of-sale system needs to fulfil. They also need to provide critical business information to the employees who need it most, with precision and accuracy, at exactly the right time. The Clover Flex can display inventory information, customer details, supply chain insights, and more, all with a simple tap of the finger. This connectivity to the inner workings of the business allows customer service reps to assist customers far more effectively and deal with a wider range of situations that may arise during operating hours.
Robust Security
As we discussed earlier, data protection and information security is a top issue for businesses of all types. You can rest easy with the Clover Flex, as it features a comprehensive set of security features to protect data every step along the way, as well as powerful encryption for each and every transaction you process. Fingerprint sensors and integrated NFC chip readers add even more layers to the security capabilities. The Clover Flex is a secure device that will truly deliver peace of mind for your business, and for your customers.
Fast and Efficient
Every second you can shave off the time needed to process a transaction will translate directly into increased customer satisfaction and greater productivity for your business. The Clover Flex comes with high-speed internet connectivity compatible with Wi-Fi networks and cellular LTE networks, making it just as functional and capable off-site as it is inside your physical business locations. A built-in long-lasting battery means that it’ll always be ready to go at a moments’ notice, with no long boot-up times to worry about. A mobile payment terminal gives customers have many options to pay wherever they are with ease, without any need to traverse the store just to find a checkout terminal. Time is money, and with the Clover Flex, your business will definitely get more of each.
Make the Switch to the Clover Flex with MONEXgroup Today
There are many challenges your business will face when preparing for future growth and long-term success, but choosing a POS terminal that will grow with you doesn’t need to be one of them. The Clover Flex is a full-featured point-of-sale system that fits right in the palm of your hand. You can take it anywhere, accept a wide range of payment types, deliver exceptional customer service, and use it to help your business operate even more efficiently. It’s the ideal POS solution for a diverse array of business types, including retailers, contractors, restaurants and bars, consultants, small businesses, food trucks, remote service providers, and so many more.
Integrating the Clover Flex into your operations can be easy, provided you’ve got the right merchant services partner. When you choose to work with MONEXgroup, you’ll not only have access to powerful payment technology like the Clover Flex, but you’ll also benefit from our industry-leading customer service team and 24/7/365 expert technical support. We’re committed to helping you make the most of the innovative Clover Flex POS system so you can realize all these benefits, and more.
Contact our team today to learn more about how the Clover Flex can work to drive sales, increase customer satisfaction, and deliver maximum ROI for your business.
Author: Layal Scheirich, Head of Sales at MONEXgroup
Bio: With 18 years of experience in payment processing and merchant services, Layal has seen in-store POS technology evolve from its humble beginnings to contactless, unattended, mobile and online alternatives. Today, Layal is an inspiration to the MONEXgroup’s team and a go-to source of information related to payment processing. She is enthusiastic to share her knowledge with audiences interested in cutting-edge technologies available today, such as unattended payment for self-serve kiosks, e-commerce online payment gateways, virtual terminals, and contactless and mobile payment solutions.
Social Media Profile: LinkedIn
Contact Info: insights@monexgroup.com
