For decades, cash ruled commerce in rural areas. Yes, there was a time when business owners would never agree to any other payment method except cash. But times are changing, and even a fruit seller or local meat seller somewhere in Bodija Market, Ibadan now suggests transfers when you haggle prices because of limited cash
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For decades, cash ruled commerce in rural areas. Yes, there was a time when business owners would never agree to any other payment method except cash. But times are changing, and even a fruit seller or local meat seller somewhere in Bodija Market, Ibadan now suggests transfers when you haggle prices because of limited cash
115Businesses these days operate very fast, seamless and error-free payments because of the Point of Sales innovation (POS). No matter the business size, POS systems make it easier to manage sales, inventory, and customer flow, all in real-time. However, while POS systems have empowered businesses to operate more efficiently, they can also be a source
Businesses these days operate very fast, seamless and error-free payments because of the Point of Sales innovation (POS). No matter the business size, POS systems make it easier to manage sales, inventory, and customer flow, all in real-time. However, while POS systems have empowered businesses to operate more efficiently, they can also be a source
168Point of Sale (POS) systems are indispensable tools for modern businesses of any kind. They are used to streamline sales, manage inventory, and process cashless transactions. As digital technology keeps permeating industries, POS adoption is rising not just in urban centres but also in rural communities. This article explores the comparative adoption of POS systems
Point of Sale (POS) systems are indispensable tools for modern businesses of any kind. They are used to streamline sales, manage inventory, and process cashless transactions. As digital technology keeps permeating industries, POS adoption is rising not just in urban centres but also in rural communities. This article explores the comparative adoption of POS systems
194Digital technologies currently drive the global economy; therefore, speed and convenience are necessary, especially at the point of sale, to keep your business running smoothly. One innovation enhancing this experience is the instant payment notification (IPN) feature on POS machines. These real-time alerts are sent to both merchants and customers upon transaction approval, shape consumer
Digital technologies currently drive the global economy; therefore, speed and convenience are necessary, especially at the point of sale, to keep your business running smoothly. One innovation enhancing this experience is the instant payment notification (IPN) feature on POS machines. These real-time alerts are sent to both merchants and customers upon transaction approval, shape consumer
340As digital technology continues to reshape the financial ecosystem, Point-of-Sale (POS) transactions have become a vital link between customers and financial institutions. In developing countries like Nigeria, POS systems are more than just payment devices. They are gateways to financial inclusion, especially in rural and underserved urban areas. However, while the adoption of digital payments
As digital technology continues to reshape the financial ecosystem, Point-of-Sale (POS) transactions have become a vital link between customers and financial institutions. In developing countries like Nigeria, POS systems are more than just payment devices. They are gateways to financial inclusion, especially in rural and underserved urban areas. However, while the adoption of digital payments
396Digital payments have become the new normal and changed the outlook of the financial space in Nigeria. Consumers do not depend only on cash transactions; instead, they use different types of cashless payment options such as card payments, contactless payments, mobile wallets, USSD codes, and NQR codes to pay for goods and services. So, as
Digital payments have become the new normal and changed the outlook of the financial space in Nigeria. Consumers do not depend only on cash transactions; instead, they use different types of cashless payment options such as card payments, contactless payments, mobile wallets, USSD codes, and NQR codes to pay for goods and services. So, as
339To a layman, data is just numbers, but not to you as a business. Data is more than just numbers on a screen, it tells the story of your customers in figures. Research shows that businesses using analytics experience a 15-20% boost in sales and are 23 times more likely to excel in customer retention.
To a layman, data is just numbers, but not to you as a business. Data is more than just numbers on a screen, it tells the story of your customers in figures. Research shows that businesses using analytics experience a 15-20% boost in sales and are 23 times more likely to excel in customer retention.
726Point-of-sale (POS) systems are fast becoming an indispensable business tool in Nigeria’s large economy. They are designed to facilitate cash transactions, and also serve as tools for improving customer experience, streamlining operations, and enhancing revenue. With Nigeria’s growing emphasis on a cashless economy, POS solutions have become popular among businesses of all sizes, from large
Point-of-sale (POS) systems are fast becoming an indispensable business tool in Nigeria’s large economy. They are designed to facilitate cash transactions, and also serve as tools for improving customer experience, streamlining operations, and enhancing revenue. With Nigeria’s growing emphasis on a cashless economy, POS solutions have become popular among businesses of all sizes, from large
323Generally, business owners have their fair share of challenges, especially when it comes to managing costs and keeping customers happy. High transaction fees, outdated systems, and time-consuming processes can make it harder to achieve your goals. So, as the year draws to a close, the new year comes with pleasant surprises and potentials that you
Generally, business owners have their fair share of challenges, especially when it comes to managing costs and keeping customers happy. High transaction fees, outdated systems, and time-consuming processes can make it harder to achieve your goals. So, as the year draws to a close, the new year comes with pleasant surprises and potentials that you
417Small businesses often face challenges competing with big chains that benefit from economies of scale, bigger budgets, and cutting-edge technology. For instance, a local restaurant or small provision shop across the street may struggle to offer the same discounts or marketing reach as a national brand. However, investing in an advanced POS system allows these
Small businesses often face challenges competing with big chains that benefit from economies of scale, bigger budgets, and cutting-edge technology. For instance, a local restaurant or small provision shop across the street may struggle to offer the same discounts or marketing reach as a national brand. However, investing in an advanced POS system allows these
