In today’s high-tech digital age, it’s easy to assume cash is no longer a relevant form of payment. However, this couldn’t be further from the truth. In fact, there are many benefits to accepting cash payments within your business alongside credit cards within your Point of Sale system.

• Increased sales: Some customers may prefer to pay with cash because it’s what they have on hand or because they prefer to limit their credit card usage. By offering the option to pay with cash, you’ll be able to appeal to a wider range of customers and potentially increase your sales.

• Increased security: While credit card transactions have security measures in place to protect against fraud, there is still a risk of data breaches. Accepting cash eliminates this risk and can provide an added layer of security for both your business and your customers.

• Improved customer satisfaction: Offering a variety of payment options can improve customer satisfaction by giving them the flexibility to choose their preferred method of payment. This can lead to repeat business and positive word-of-mouth recommendations.

• Lower fees: Credit card processing fees can add up over time, particularly for small businesses. Accepting cash can help reduce these fees and increase your profit margin.

• Increased accessibility: Not everyone has access to a credit card or bank account, making it difficult for them to make purchases. By accepting cash, you’ll be able to serve a wider range of customers and potentially increase your customer base.

In conclusion, accepting cash payments within your business alongside credit cards can provide a range of benefits. Benefits including increased sales, increased security, improved customer satisfaction, lower fees, and increased accessibility. New Mexico POS offers top of the line Point of Sale systems that can handle any type of payment your business requires. Don’t underestimate the power of cash – it’s still a relevant and important form of payment in today’s world.

A comprehensive point of sale (POS) system can be a valuable tool for improving efficiency in a restaurant. By automating many of the tasks involved in managing a restaurant, a POS system can help streamline operations and improve customer service.

One of the key benefits of a POS system is that it can help reduce the time and effort involved in managing orders and payments. Instead of taking orders and handling payment manually, a POS system allows restaurant staff to enter orders directly into the system and process payments quickly and securely. This can help speed up the ordering process and reduce the risk of errors, which can save time and improve customer satisfaction.

In addition to managing orders and payments, a comprehensive POS system can also help with inventory management. By tracking sales and inventory levels in real-time, a POS system can help a restaurant owner or manager ensure that they have the right products on hand to meet customer demand. This can help reduce waste and avoid the cost and inconvenience of running out of popular items.

Another benefit of a POS system is that it can provide valuable insights into a restaurant’s operations. Many POS systems come with detailed reporting and analytics features that can help restaurant owners and managers track sales, understand customer behavior, and identify opportunities for improvement. This information can be invaluable for making data-driven decisions and optimizing operations.

Overall, implementing a comprehensive POS system can help a restaurant improve efficiency and streamline operations. By automating key tasks, providing valuable insights, and improving customer service, a POS system can help a restaurant grow and succeed.

New Mexico POS is dedicated to providing your business with the tools needed to succeed in today’s demanding customer service environment. Call us today at (505)-293-7551 or view our products and take a look around!

As a business owner, it’s important to choose the right tools to help you run your business effectively and efficiently. One key decision you’ll need to make is how you’ll process sales transactions on your Points of Sale (POS).

Using a desktop home computer may seem like an easy and cost-effective solution, but it’s important to consider the potential risks and drawbacks. Here are a few reasons why an all-in-one POS terminal may be a better choice for your business:

1. Security: An all-in-one POS terminal is specifically designed for secure transactions. It includes features like encrypted card readers and secure payment processing to protect your customers’ personal and financial information. On the other hand, a home computer may not have the same level of security measures in place, making it more vulnerable to data breaches and hacking.
2. Reliability: An all-in-one POS terminal is built to handle the demands of a busy retail or restaurant environment. It’s designed to be used all day, every day, and can withstand the wear and tear of constant use. A home computer, on the other hand, may not be as reliable and could potentially crash or malfunction during a busy sales period.
3. Professionalism: An all-in-one POS terminal gives your business a more professional appearance. Customers will have confidence in your business knowing that you’re using a dedicated, secure device to process their transactions. Using a home computer may not convey the same level of professionalism and could potentially lead to customer concerns about the security of their information.
4. Functionality: An all-in-one POS terminal is designed to handle a wide range of tasks, including accepting payments, processing returns, tracking inventory, and generating reports. It’s a one-stop solution for all of your sales needs. A home computer may not have the same level of functionality and may require additional software or hardware to perform these tasks.

In conclusion, an all-in-one POS terminal is a more secure, reliable, professional, and functional choice for processing sales transactions. While a home computer may seem like a convenient solution, it’s important to consider the potential risks and drawbacks. Investing in a dedicated POS terminal will not only help you run your business more efficiently, but it will also give your customers confidence in the security and professionalism of your business.

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The security risks of accepting credit cards in your business can be significant. As a business owner, it’s important to understand these risks and take steps to mitigate them in order to protect your business and your customers.

One of the biggest risks of accepting credit cards is the potential for credit card fraud. This can happen when someone uses a stolen or fake credit card to make a purchase from your business. In some cases, the fraudster may even have access to the cardholder’s personal information, such as their name, address, and Social Security number. This can allow them to make unauthorized charges to the cardholder’s account, potentially leaving your business on the hook for the charges.

Another risk of accepting credit cards is the potential for data breaches. With the increasing use of technology in the retail industry, it’s important for businesses to have secure systems in place to protect their customers’ sensitive information. However, even the most secure systems can be vulnerable to hackers, who may be able to access and steal credit card numbers, names, addresses, and other personal information. This can lead to serious financial losses for both your business and your customers.

In addition to these risks, accepting credit cards can also expose your business to potential legal and regulatory liabilities. For example, if your business experiences a data breach, you may be required to notify your customers and provide them with information about how to protect themselves from potential fraud. You may also be subject to fines and other penalties from regulatory bodies.

To protect your business from these risks, it’s important to take a number of steps. First, you should make sure that your systems and processes for accepting credit cards are secure. This may include implementing security measures such as encryption and secure sockets layer (SSL) technology to protect your customers’ sensitive information. You should also regularly monitor your systems for signs of suspicious activity, and have protocols in place for dealing with potential fraud or data breaches.

Another important step is to educate your employees about the risks of accepting credit cards and how to protect against them. This can include providing training on how to spot and prevent credit card fraud, as well as how to handle data breaches and other security incidents.

Finally, it’s important to stay up-to-date on the latest developments in credit card security and stay compliant with any relevant laws and regulations. This can help you avoid potential legal and regulatory liabilities and protect your business from the risks of accepting credit cards.

In conclusion, accepting credit cards can bring many benefits to your business, but it’s important to be aware of the potential security risks and take steps to protect yourself and your customers. By implementing secure systems, educating your employees, and staying up-to-date on the latest developments in credit card security, you can help ensure the safety of your business and your customers.

New Mexico POS is dedicated to making sure your business is secure and ready for any issue that may arise with credit card processing as well as saving you money with offering exceptional rates.

Contact New Mexico POS to see how we can improve your business and save you money!

In 2021, a lot has changed in the restaurant industry due to pandemic guidelines, customer and employee safety, and government mandates. Restaurateurs have overcome all of the recent obstacles thrown at them bruised, but not beaten and not finished serving devoted customers of their establishments. Through the struggle of staying in business during modern times and the unrelenting perseverance of the people who give it life, it seems there is only one thing that could bring a restaurant to a grinding halt – point of sale system notifying Credit Card Processing DOWN.

Though this can happen several different ways, it always ends in the same result. Customers wanting to pay and cashiers or servers not being able to charge and close the check. Panic ensues, justifiably, and there’s only finite solutions to the problem.

Check your internet connection

The most common problem starts at your internet and ends at your credit card processing device. Whether it be an integrated point of sale solution or a stand alone credit card terminal, they all need internet to process credit cards. There are several different ways to check for internet but the easiest is to try going to a website like Google! It will notify you that there is a problem by saying no internet connection or DNS not resolved. Another way to see the status of your internet connection is by looking on the Modem. Make sure it’s powered on and there is a solid green light on the internet icon. New Mexico POS recommends to check all cables are plugged in securely and if so, give the modem a reboot.

Check the status of your processor

Some credit card processors have downtime and you’re at their mercy. Going to the processors website should have a link or notification about their services being down. If so, there is sadly not much you can do until their services are back online. If your Point of Sale software allows an offline mode, like Focus POS, switch to the mode and continue taking credit cards until the processor service is up and running. Another option would to have credit card slips readily available for the inevitable. Though considered obsolete, this method could keep your establishment running smoothly until service is restored.

Check all cables

Cables come loose, mysteriously and unknowingly at any given time. It’s a good idea to make sure all connections are secured into their designated slot. If the pin pad device is disconnected from the point of sale terminal, you’ll start receiving errors. Same if the computer won’t turn on, it could very well be the power cable is disconnected.

Call your Point of Sale Help Desk

When all else fails during moments of chaos, the last option is to call your point of sale provider’s help desk. They can quickly troubleshoot the issue, sometimes even resolving it through remote support. New Mexico POS provides around the clock support for all customers.

Though it can be troublesome and a complete mess at times, customers using cards isn’t going anywhere anytime soon. The best advice is to have backups in place and a redundancy plan when it fails so your business is affected very little. New Mexico POS prides itself in training customers to take the necessary steps to activate their offline mode and give support in case anything arises. Match that with the best credit card rates you could possibly get in New Mexico and you have yourself a winner!

Thinking of switching to a company who is local and will give you better rates? Call New Mexico POS at 505-293-7551.

New Mexico POS has begun a mailing campaign!

We’ve created a variety of different post cards to promote our business and get the word out!

Take a preview of the newest cards being mailed locally and throughout New Mexico to get Point of Sale word around!

Have questions or interested in anything posted? Don’t hesitate to contact us!