How the Cloud Is Transforming the PoS Industry | @CloudExpo #API #Cloud #BigData

A number of retailers, especially small businesses, are moving away from these expensive systems to cheaper, yet a lot more sophisticated cloud alternatives. A typical cloud PoS system should cost retailers between $50 to $200 a month.
Point of Sale (Pos) systems typically haven’t required an internet connection. These devices come with a cash register, a barcode scanner and a card reading machine that connects to the bank via a fixed line connection. In addition to this, the higher end PoS systems come with inventory tracking and management tools as well. All of this does not come cheap and the hardware for these devices can cost anywhere between $2000 to $4000. This is not including the monthly support fee of between $25 to $100 that PoS providers charge businesses.

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