POS Software once connected to the right hardware enables retailers handle their invoicing, receipts, process debit/credit card transactions, inventory, monitor sales, and reporting. The software can be utilized for multiple retail locations with real time inventory reports. You will need to integrate the POS software with different hardware like computers, fiscal printers, pin pads, biometrics, barcode readers, and smart card readers. Once placed on the retail counter the software will process e-cards and mobile payments and print customized receipts. POS Software can be hosted on cloud or integrated with customized apps, accounting software and e-commerce websites. Customer data collected through the system can be used to predict future trends and help a company offer personalized products, cross-sell products and suggest similar products. Online customers can make orders from different locations and have products shipped to their doorstep. Reporting tools permit retailers to better manage their cash flow and ensure that their inventory is optimal. Scalability options let organizations handle larger orders as their businesses expand. Customization of the POS with various FinTech Apps enables faster processing of mobile-based transactions while eliminating fraud. Timely communication with customers through the software lets companies diversify products, improve customer relations, offer discounts and vouchers, support credit customers and manage refunds.