Accepts any type of payment: The system should be EMV compliant, meaning it can accept chip cards, as well as NFC payments (Google Wallet, Apple Pay and Samsung Pay, for instance).

Low transaction fees: Do your research, because some mPOS companies charge monthly fees as well as transaction fees and other costs.Cloud-based: Look for a solution that backs up all information online automatically.Look for an mPOS with the following capabilities: The right mPOS system gives your business flexibility without sacrificing security. More and more restaurants are using mobile POS to complete checkout tableside, ultimately providing a better customer experience by condensing the payment process. Mobile POS platforms allow merchants to sell at farmers markets, trade shows and art fairs, and to visit clients’ homes. What to look for in a mobile POS systemĪ mobile POS system offers the freedom to accept payments beyond your brick-and-mortar location, even if your business has a physical footprint. Here’s what you need to know about adding a POS app to your technology stack.

Analysts predict that mPOS systems will be used to complete nearly 25% of all transactions by 2023. This allows merchants to accept payments virtually anywhere - all you need is a device, the mPOS platform and an internet connection. Getty Images/SpiderstockĪ mobile point-of-sale system, also known as an mPOS or point-of-sale app, turns a smartphone or tablet into a cash register. Mobile POS systems can turn any smartphone or tablet into a cash register, giving you the ability to accept payments from anywhere.

Mobile point of sales system