The benefits of the PoS terminal to Merchants include the following:
- Improved efficiency minimises cash handling and aids reconciliation
- Increase in sales as Merchant have access to both cash and card-carrying Customers
- Instant confirmation of payment for goods
- Reduces cost of Personnel and equipment for handling cash receipts
- Reduces exposure to loss due to armed robbery or pilferage by Employees
- Eliminates the inconvenience of cheque confirmation and clearing period.
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