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These days, it’s not enough for businesses to have a physical store. Many businesses are expanding their brand online through web stores and digital shops, as well as accepting cashless payments through digital wallets like PayPal and online banking. In fact, the popularity of digital marketplaces have never been more prominent, as small businesses and startups use these marketplaces to reach more potential customers.

To sum it up: technology is changing how people buy and sell.

One particular technology that’s doing something just as revolutionary are mobile Point of Sale (POS) systems. POS systems are a kind of software that facilitates the sales process between vendor and buyer – that is, the “point of sale” between the two parties. These systems have been around for decades, but mobile POS systems are making them more accessible to a wider range of businesses, and not just big companies and franchises.

What’s the benefit to using MoneyCache POS systems?

BENEFITS OF MOBILE POS SYSTEMS

For starters, you can install them on mobile devices like tablets and smartphones. Unlike traditional POS systems that require special equipment like touch-screen cash registers or receipt printers, which are expensive, mobile POS systems allow small businesses like home-based shops to easily manage sales and other transactions through gadgets they may already own, or can afford at reasonable prices. Mobile POS systems allow these shops to compete with bigger stores by providing professional tools on par with big business.

One such mobile POS system is MoneyCache, which provides such tools like inventory management, sales tracking, reports generation, and transaction recording. The MoneyCache stores all of your data in encrypted cloud servers, so that only you or your authorized users can access your shop information.

As well, because of cloud storage, you can access your data anywhere at any time of the day, as long as you have access to the internet, giving you freedom to operate at hours you choose regardless of where you are in the world.

Oh, and fun fact about MoneyCache: it’s free to download, install, and use. Just fill up a form through their website to register for an account, and wait for the MoneyCache team to reply with the setup details – it’s that easy.

FREE ONLINE STORE WITH MONEYCACHE

One great benefit about using MoneyCache as a POS system is that your registered account comes bundled with a free online store option. Finding a decent free ecommerce website can be a headache for many small businesses looking to get a start.

To be fair, the common options are social media accounts through platforms like Twitter or Facebook. However, these platforms aren’t secure and leave businesses at risk of getting scammed or hacked. As well, these platforms don’t have payment portals, as they’re not intended for business, which requires shop owners to use a third-party payment portal instead.

What MoneyCache brings to the table is a secure, user-friendly, and customizable free online store. The free ecommerce website is hosted by MoneyCache and connected directly to user accounts, so you only need one set of log-in credentials to manage the website. Business owners can add their own branding by uploading banners and sliders, as well as featuring specific products at the top of the page for promotion. The website colors can also be edited to match your brand’s color scheme, if you have one.

The free online store also comes with its own payment portal, which means all purchases, sales, or transactions made through the website will go directly to your digital wallet.

For example, if the user account’s selected mode of payment for store purchases includes GCash, payments will be transferred directly to the user’s registered GCash account when the purchase is completed. Sales are done faster and smoother this way, as customers can simply go through the built-in cart checkout and pay right away.

The free shopping website also makes transactions much faster through a product inventory that updates in real time. For every successful purchase of listed on-hand items, the POS system will automatically deduct the number of items purchased from the inventory – eliminating the need to contact the seller and have long chats about available items.

All of this information is recorded directly onto the user’s MoneyCache app, as well. For business owners, this means you’re updated regarding any completed purchases and inventory changes immediately, giving business owners the ability to plan ahead regarding how many products they need to restock and how soon they need to do so. The MoneyCache app can also generate daily sales reports for you, so you don’t have to worry about forgetting a transaction or two and miscalculating your revenue.

SETTING UP YOUR MONEYCACHE ACCOUNT

As mentioned previously, all you need to do is fill up an online form from the MoneyCache website, and wait for the MoneyCache to get back to you with your account setup and details. They typically reply within the business week, so if you register on Friday afternoon, you may have to wait until the following week to get a response.

Once you’ve installed the MoneyCache app on your chosen mobile device and your account is live, you can request a video demo on setting up your free online store, like how to upload product photos, update your inventory list, and include shipping fees for products where necessary.

For business users who have PayPal as a mode of payment, the MoneyCache app will need their PayPal Client ID and Secret Key before they can connect their PayPal account to MoneyCache (find out where to get this information through this guide). GCash and MoneyTransfer modes of payment can be set up within the app dashboard. A video demo can also be requested for this process. MoneyCache also provides customer support throughout business hours from Mondays through Fridays, to address any questions about the app.

Last but not least, registered MoneyCache users can connect their Facebook Messenger account to their free online store for special orders (like bulk or customized orders, or item reservations) or customer feedback.

Once everything is set up, the website will go live, and users can start promoting their new online store through linking and sharing the website to their friends, customers, and interested buyers.

THE BOTTOM LINE

MoneyCache is an efficient cloud-based POS system that offers professional business tools to businesses looking for affordable business management software. It comes bundled with a free online store option that gives businesses a great platform to showcase their products the way they want to, with a direct payment portal that transfers payments directly to business owners’ merchant accounts.

The MoneyCache POS system is FREE, with encrypted data security features and cloud server hosting, so you can rest assured that your shop information is safe and accessible only to you or your authorized personnel, no matter the time of day or where you are, so long as you can connect to the internet.

The only constant is change, and businesses need to adapt to stay ahead of the competition. Lead the pack with a cloud-based POS systems like MoneyCache – register your account today!