A point-of-sale (POS) system is one of the most underrated equipment in gas stations that facilitate smooth transactions and operational efficiency.
Some gas station owners don’t realize the importance of a high-quality, latest POS system and buy a used POS system to save money, but it can hurt their business.
Here are the drawbacks of purchasing a used point-of-sale system for a gas station that you should know:
Old Operating System
Like computers and mobile phones, POS systems use operation systems (OS) to carry out the operations.
Over the years, POS technology has significantly improved, and all latest POS system comes with the latest OS that is more robust and offers advanced functionalities.
Therefore, using a used POS system with outdated software can put your business at a great disadvantage.
For starters, old OS is more prone to cyber-attacks. The security vulnerabilities can result in data breaches that can be catastrophic for any business.
Also, they are slower and lead to inefficient operations. Finally, old operating systems don’t have the latest functionalities or support the latest devices and technology.
Outdated Hardware
In addition to old software, used POS also comes with outdated hardware.
Even if you try to upgrade to the latest OS, the obsolete hardware doesn’t have enough to run the power-hungry software applications.
The hardware limitation can restrict you to obsolete applications that will leave your business lagging behind the competition.
Furthermore, old POS systems are bulkier and look less attractive than modern POS systems. Not only they take more counter space but also put a negative impression on the customers.
On the other hand, new POS systems come in a sleek and modern design that presents your business in a more positive light.
Limited Payment Gateway Options
Modern consumers prefer credit card payments over cash transactions. It’s a safer, faster, and hassle-free way to make payments.
Therefore, businesses must have a current POS system that supports all the latest payment processing technologies.
Getting stuck with a used POS system will limit the payment options that you offer to your customers and result in lost market share.
If you run a gas station and c-store business, it’s crucial to invest in a modern POS that supports EMV-technology.
After April 17, 2021, gas stations that don’t meet EMV-compliance will be liable to pay for fraudulent transactions.
New POS systems also come under a warranty and don’t require frequent repairs, which help ensure maximum uptime.
READ: EMV DEADLINE DELAYED Until April 2021! But Retailers Advised To Stay On Schedule
Do you want to buy a latest POS system for your gas station and c-store, contact John W. Kennedy Company. We’re a leading service station equipment provider that provides a selection of gas station equipment and supplies, including EMV-enabled POS terminals. Visit our online store to browse our products.