NeelPro System Pvt. Ltd.

In a retail environment, successful operation requires an effective cash management system, efficient payment processing, accurate inventory control, and good record keeping. Options for cash management include traditional cash registers, electronic cash registers, or computerized   point-ofsale(POS) solutions . While a cash register is a low-cost option for a start-up or small business with a small budget, a point-of-sale system affords a much richer array of benefits to any retailer. POS for retail can save significant amounts of time and money as well as provide a better long-term solution that can grow with the business. Benefits The benefits of   point-of-sale solution for retail   include improved accuracy, better inventory tracking, and more detailed reports. Since all transactions take place on the computer, the retail POS solution can automatically update inventory and sales information. The POS system can also be used for inventory notifications and o...

Payments can be made with a single wave at the PoS terminal. Contactless Payment uses Near Field Communication (NFC). Contact payment systems can be any smart cards, key fobs, debit cards, credit cards. These contactless payment cards are embedded with a chip and antenna that allows them to wave at the point of Sale terminal to verify the data and hence make the payment. NEAR FIELD COMMUNICATION (NFC) Near Field Communication is the technology that enables two electronic devices generally two portable devices or smartphones by bringing them within 4 cm (1.6 in) of each other. NFC is also used for social networking, for sharing contacts, photos, videos or files. Many smartphones have this technology inbuilt in them. NFC-enabled devices can act as electronic identity documents and keycards. NFC offers a low-speed connection with simple setup that can be used to bootstrap more capable wireless connection. NFC is originated from RFID that facilitates power supply and communicat...