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  Do you own a small business or are you starting a new retail business? Are you planning on establishing a pos financing system? Here are all the things you should know about. Pos financing converts the bills of the customers in easy installments spread over a period of time as per the convenience of the store or the customer. Why is Pos financing important? The system of Pos financing has been changes over the time span of few years. There have been various changes in the system which offers more flexibility to the consumers and the end users and turns up the sales of the merchant company. The few variations are guaranteed approvals, zero interest charges on the payments and bills and easy and no paper work requirements for availing these services. With the introduction of these services, customers are buying more items and the sales have gone considerably up profiting all the parties involved. As you are starting your own business, turning potential customers to your clients is a v

  Customers stop at online shopping. They forget to give reviews and ratings. Reviews and ratings increase the business value. It acts as a personal recommendation that builds brand loyalty. Let’s look at few ways of increasing rating and review: Easiest ways to increase reviews and ratings Keep your reviews in the frontline We tend to forecast product information more than anything else. The best way to increase reviews is to forecast old reviews in front of the page. Precisely, you must aim at increasing the review and rating visibility on the page. Points Many apps have this feature to increase ratings and reviews. You can persuade customers to take ratings by increasing points. After having sufficient points, customers can get better facilities of that company. Many people will go for reviews and ratings if you go for this method. Social media platform The social media platform is the best way to promote business. Alongside, it is easy to get reviews and ratings from there. You can

  It’s difficult to make upfront purchases. Many people find installments easy. Financing options have evolved in modern times. A fine example of progression is POS financing. What is POS finance? Point of sale finance is also known as POS finance . This is associated with providing financial help at the time of purchasing goods or services on the spot. Customers are given a one-time opportunity to use this method of financing. Unlike credit cards, they cannot be used for making purchases at different times. For example, if you buy furniture then you can avail POS financing. However, you won’t be able to avail financing for buying it the next time. What to look out for? Payment plan As the name suggests, it is not about the entire payment of the amount. Point of sale financing also involves over-the-time payment options or installments. For example, if you buy a refrigerator then you can pay it off in 5 months (depending on the plan). In other words, you can create a suitable payment p

Point of sale means that point where the potential customer turns to customer, where the product on display turns to sale and company earns profit. Point of sale is basically the counters where the employee checks out the customer with bill and customer pays for the item and products in any form of payment. Businesses have gradually moved from the conventional cash registrars to the online Point of sale system. Point of sale system helps in gathering customer information such as phone numbers and email ids which can be further used for email and SMS marketing. Point of sale is also very efficient and fast and minimizes the human errors such as faulty calculations or sometimes bargaining. Advantages of Point of sale systems – Helps in keeping tracking of inventories as everything is online and cloud based therefore, businesses and firms can quickly check the inventory and stocks of their products. It keeps a track of their customers and helps in developing loyalty cards for the custome

Are you looking for investors for your start up project? Are you planning on pitching new sales project to the leadership of your corporate? Are you thinking of including Buy now, pay later options, but are confused right now? You need not to worry as we have sorted this out for you. Here we shall discuss the applications of buy now pay later and how good or bad it is. Buy Now, Pay later is essentially the future of financing and all the service based companies. If you are looking to pitch this to your investors, buy now pay later will make your job easy. Buy now pay later essentially means that customer will buy the product or avail the services now and will pay for it later in due month. This is very similar to the working of credit cards and loans. The only difference lies that there is no interest when paying the bills which is the brownie point. As good as buy now pay later is, it hooks the customer and sometimes they make purchases big enough that they are not able to bill at t

The buy now pay later has dominated some of the major players in the payment industry. It has received a boost after being in this field for quite some time. The modern payment option can help both the consumers and the retailers with just a single click. Even the buy now pay later furniture has gotten its roots to credit cards and many of the financing schemes. This model has helped the customers to purchase low cost furniture with some small starting amount with the rest of the amount to be paid later in a few installments with zero or lower rates of interest. The retailers are benefited incase of any default as it will be dealt by the BNPL provider. Benefits to consumers The buyers can purchase any item anti for it flexible terms that range around 3 months to some multiple years subject to the service provider. By the help of buy now pay later furniture the customers can receive the item even before making the entire payment. This has helped in improving customer experience and mak