Fraud, theft and data breaches are increasingly mentioned in conjunction with retail businesses. Fortunately, there are some safety features built straight into a POS that could go towards more secure transactions. Know more about the systems you use for point of sale actions to decide what to implement once your business takes on new software.
Here are essential practices your company can look for when shopping for credit processing software. It's possible you already are aware of these processes but didn't know they could be security aids. Some of these actions cover similar themes, such as keeping management more involved to prevent unauthorized activity.
- Account management: Ideally, the POS solution you decide on will make it easy to distinguish between the main authoritative account and other employees with fewer access privileges. Making this line firm can help ensure that the only users capable of major actions are those with the right position.
- Audit trails: Entrepreneur's small business encyclopedia mentions this feature as a way to prevent theft. A useful trail can give a full list of steps in a transaction, allowing you to closely review POS activity when you need more information. With an accurate record log, you can attempt to increase transparency, something that applies to multiple levels of POS functions.
- Clear interfaces: Although this could require some experimenting on your part, a customizable screen lets your store's users prioritize the most crucial functions. It also potentially reduces confusion, making it easier for users to process transactions in general.
Recognizing the security options already in your software helps your business use it to the fullest. You can also save on unnecessary outside purchases and upgrades if you can already solve some of your biggest concerns with some of the fundamental included features.