- EPOS Systems
EPOS Systems UK
Power EPOS is a market leading POS and Stock Control solution, designed to make businesses more money. Built for speed and to maximise turnover, you’ll find Power EPOS is simple to use and easy to customise.
EPOS Systems
Our EPOS systems empower businesses to streamline operations and drive growth.
Back Office Systems
Save time and make growing your business easy with our time-saving EPOS back office systems.
POS Hardware
Choose from the toughest EPOS hardware devices and get the right POS equipment for your business.
Mobile Devices
Work swiftly and efficiently while on the go with time and money-saving mobile ordering and payment devices.
Support
We understand the absolute importance of keeping you operating so we offer expert, reliable EPOS support.
- Hospitality EPOS
Hospitality EPOS
Our complete EPOS, Point of Sale and Stock solution is built to make your customers happier and help streamline your business operations, meaning more revenue!
Restaurants
Our restaurant EPOS helps you to provide better customer service.
Pubs
Boost service, increase spend and efficiency in your pub.
Bars
Unlock new avenues for growth with our bar EPOS systems.
Nightclubs
Our nightclub EPOS systems are tailored for a dynamic environment.
Takeaways
Our takeaway EPOS systems are designed to be flexible, easy-to-use and practical.
Hotels
Our scalable Hotel EPOS system supports cost reduction and increased customer spend.
Our franchise EPOS system provides complete and instant control over every site.
Our EPOS systems are built to make your Stadium and Arena Events run smoothly.
- Integrations
Our Integrations
Power EPOS systems integrate with many popular software systems.
Accounting
Integrating your Power EPOS system with popular accounting software.
Gift Cards
We have well established POS gift cards system integrations with GiftPro
Hotel Management
Management integrations provide a smoother experience for your guests.
Payments
Power EPOS integrates with many popular payment systems .
Point of Sale
Our POS systems can help your business manage margins better.
Reporting
Achieve greater control over your business by making informed data-driven decisions .
Staff Management
Power EPOS software makes managing your staff, from rostering to payroll, a breeze.
Stock Control
Keep abreast of your stock-on-hand, stock sold, inventory, leakage and wastage.
- About
Our Company
Power EPOS is a market leader in supplying POS and Back Office technology to Hospitality companies, both direct and working with a number of accredited partners.
Our Story
We have been developing and distributing innovative technology for more than 34 years.
Case Studies
What our customers are saying about Power EPOS products, service and support.
Meet The Team
Meet the team who deliver Power EPOS systems to the hospitality industry.
Careers
Join our team powering over 10,000 small to large hospitality businesses across the UK, Spain and Australia.
Blog
Read the latest news, stories and more in our leading EPOS & business hospitality blog.
Contact Us
Get EPOS support from a team that understands your needs and challenges.
- Get Quote
Get Quote
Get in touch
EFTPOS stands for Electronic Funds Transfer at Point of Sale.
It is a highly secure and efficient electronic payment system that allows your customers to make transactions by transferring funds from their bank account to a merchant’s business account instantly.
This system is ideal for restaurants, hotels, bars, cafes, and other establishments within hospitality.
Learn more about EFTPOS systems and what they can do for your business.
The Mechanism of EFTPOS
EFTPOS transactions commence with an EFTPOS machine that interconnects various networks to complete a payment.
The networks involved include the buyer’s bank, the merchant’s bank, the EFTPOS machine provider, and point-of-sale technology.
The process involves authentication, verification, and funds transfer, ensuring the secure and swift completion of transactions. The settlement times can vary, affecting business cash flow, but generally, the process is streamlined and user-friendly.
EFTPOS Advantages and Disadvantages
Advantages
- Efficiency and Convenience: EFTPOS reduces cash handling, offering a convenient and efficient alternative for both customers and merchants.
- Security: The transactions are secure, requiring authentication and verification, protecting against fraud and financial crimes.
- Low Transaction Fees: Many EFTPOS providers offer low and flat merchant fees, allowing businesses to forecast processing costs accurately.
- Versatility: Modern EFTPOS terminals accept all card types, including international standards like Visa, Mastercard, and American Express, and offer contactless payment acceptance.
Disadvantages
- Limited Global Acceptance: EFTPOS cards are mainly accepted in specific regions, limiting their global usability.
- Vulnerability to Fraud: While secure, EFTPOS cards may still be vulnerable to certain types of fraud.
- No Online Use: EFTPOS cards cannot be used for online purchases or phone payments, restricting their functionality compared to other card types.
EPOS and EFTPOS in the UK Hospitality Industry
In the UK, the hospitality industry is increasingly adopting EPOS and EFTPOS due to its myriad benefits.
It is particularly beneficial for establishments like restaurants and bars where swift and secure transactions are paramount to getting customers served quickly and efficiently.
The UK’s professionals and decision-makers in the hospitality industry are leveraging EFTPOS to enhance the customer experience, streamline operations, and ensure transaction security.
The adoption of EFTPOS in the UK is a testament to its growing relevance in the global hospitality sector.
Conclusion
Understanding what EFTPOS is and how it operates is essential for professionals in the hospitality industry. EFTPOS offers a secure, efficient, and convenient payment method, with its advantages outweighing the disadvantages for many businesses.
While its usage is region-specific, the growing adoption of EFTPOS in various parts of the world, including the UK, indicates its rising significance in the hospitality sector. By leveraging EFTPOS, establishments in the hospitality industry can enhance operational efficiency, customer satisfaction, and overall business success.
Want to know more about EPOS and similar systems, as well as payment options for your business? Get in touch with Power EPOS today to explore your options and find a payment system that fits your business’s needs.
Power EPOS is a market leader in supplying POS and Back Office technology to Hospitality companies, both direct and working with a number of accredited partners. Talk to us about your current suppliers and we will be honest about how we can improve on or complement what they do for you.
Get Quote