Faye Brings Exquisite Designer Outfits for Little Fairies

BANGALORE: To capitalize the rising demand for kids' designer label in India, Faye, an exclusive fashion brand for little girls, has forayed into this un-tapped segment with a wide range of elegantly designed dresses solely for girls aged between six months to 10 years.

The designer wear market for kids is taking wings and Faye, as an upcoming fashion label for little girls in India, has introduced an elegant and chic collection of party and occasion wear for fledgling fashionistas. Faye is an aspirational brand focusing only on dressing up little girls.

"Faye was launched as an exclusive designer label for little girls in 2011 and has been unveiling ready-to-wear apparels for different occasions. Designer wear for kids is a new concept which is now gaining grounds across major Indian cities. The market is rife with untapped potential in this segment and sensing this huge demand, we have introduced elegantly cut and styled dresses for the little divas to suit any occasion," says Jose John, Founder and Director of Faye.

"Parents don't hesitate to give the world to their children today. With more disposable incomes at hand and having kids later in life when they are more financially stable, parents are able to meet the demand of their beloved child," he says.

Read full press release here.

Excite your Diners with New Tablet POS

As one of the most vibrant industries which has seen unprecedented growth in the recent years, Food and Beverage (F&B) in India continues to expand rapidly due to changing demographics and increasing double and disposable incomes coupled with urbanization and transformation of organized retail sector.

According to a government estimate, Indian F&B service industry, which is currently valued at Rs 2,04,438 crore, is expected to reach Rs 3,80,000 crore by 2017. Dominated primarily by traditional players, F&B sector has grown over the years giving rise to exciting new concepts in offerings and innovative service elements.

Consumers have given thumps up to quick service restaurants, casual dining, fine dining, cafes, making this segment a huge revenue spinning sections for Food and Beverage industry with Quick Service Restaurants and Casual Dining Restaurants alone constituting more than 77 per cent of the overall market share.

Read Full Blog Here.

Retailers scramble to install POS machines to stay in business

As India is moving closer to cashless economy after the government’s historic decision on November 8 to demonetize higher denomination currency, the recent announcement to exempt excise duty on Electronic Data Capture (EDC) machines, also known as Point of Sale (POS) machines, has made retailers scramble to install POS machines at their billing counters to accept plastic money. 

Several public sector and private banks have decided not to levy transaction charges on card payments, which will further encourage small and medium retail business to go for digital payments through EDC. 

POS machines are used for cashless transactions, both for making payments or as money vending machines to disburse cash in large retail businesses like Big Bazaar. 

Read full blog here.

Move to POS to Deck-up your Furniture Store

Selling office and home furniture in a physical retail store and managing operations seamlessly in multi-store environment has became simple and easy, thanks to new Point of Sale (POS) technology, which can be tailor-made to enhance your furniture business.

With a simple iPad, hand-held POS or desk top computer system with a printer, you can take care of the entire store from managing stocks, sales and customer footfalls to staff performance, purchase and so on.

On sales point of view, at POS counters or anywhere in the furniture shop, you can just select the furniture your customers want to buy on the iPad screen, swipe their debit/credit card, and then email or print them the receipt. 

Some of the POS hardware devices that are useful for a furniture business include: Receipt printer, modular POS, tablet POS or MPOS, barcode scanner, barcode printer, label printer, magnetic stripe reader, and cash drawer.

Read full blog here.

How to Choose Right Mobile POS for your Business

Finding a right mobile point-of-sale (mPOS) solution for your business needs often require proper guidance. Since options are many, retailers often find themselves doing an exhaustive research to find a suitable mobile solution for their POS counters.

 

This decision-making process, however, can be less agonizing if they focus on a few explicit areas. These are some factors which should not be compromised when finalizing an exact mPOS solution for a particular business.

Security: Payment security is one of the most critical factors to analyze while introducing latest technology to your business. It can be said that this is the most important factor you should consider for getting a comprehensive mPOS solution. Care should be exercised that even if you have the most expensive, innovative and showy hand-held POS devices with payment processing system, it won’t serve you if it isn’t secure.

Read full blog here

Demonetisation: Kirana stores and Tea shops may soon swipe cards

The demonetisation of high denomination currencies, which is intended to check black money, hawala transactions and fake currencies in India, is believed to be the step closer to make the country less dependent on cash, and increase card transactions in small retail business establishments like tea shops, saloons, kirana stores and even paan shops in the coming days, experts say.

Smaller currencies are in demand now as Rs 500 and Rs 1000 are no longer welcome for pubic transactions. Roadside shops such as tea stalls or snacks corners are finding difficult to part with liquid cash of lower denominations to customers and are hence losing business.

Read full blog here.

Embrace POS technology to enhance your textile business

The Indian textiles industry, which includes apparels and other finished and unfinished garments, are growing rapidly and is expected to value US$ 223 billion by 2021 from the present US$ 108 billion. The second largest employer after agriculture, having over 45 million direct workforce and 60 million people working indirectly, Textile Industry contributes about five per cent to the country’s Gross Domestic Product (GDP).

Technology and growing demand for improved shopping experience from young Indian shoppers are the trend setters for the industry to grow at phenomenal pace. Technology has indeed changed the way traders these days complete their transactions. 

Read full blog here.

Making Inroads into Healthcare Services through Barcodes

Barcodes are ubiquitous these days and the ever-expanding healthcare industry is no exception to this trend. In other words, the introduction of barcode technology has indeed helped the industry in India to improve its service quality and safety standards.

According to a senior official from Zebra Technologies, the leading makers of Point of sale receipt printers, barcode scanners, barcode printers, mobile printers, etc to retail and non-retail industry, the usage of barcode has gone beyond its traditional retail applications and has now entered into newer markets.

Read full blog here.

How to Engage your Customers at Point of Sale

Satisfying customers and bringing them back to your stores is a daunting task.  Businesses work hard and spend every moment to understand customers’ pain-points for better customer management. Happy customers, however, are the ambassadors for brands.

Understanding that (unhappy) customers seldom let retailers know about their bad experience, businesses across the world have embraced modern technology to gauge their satisfaction levels using a few techniques like installing ‘feedback monitors’ at Point of Sale (POS) counters or engaging them through various social media tools.

Read full blog here.

Improve your E-commerce Business with Scalable Logistics Service

A good logistic support and supply-chain management is the backbone of any business involving manufacturing or supplying of goods. According to a market research, India is currently spending a whopping 14.4 per cent of its GDP on transportation and logistics related services compared to eight per cent by other developing nations. 

With GST round the corner and expected to be implemented from 2017, the logistics market in India is likely to grow at a CAGR of 12.17 per cent by 2020, largely driven by the growth from e-commerce sector followed by retail and manufacturing sectors.  The boom in e-commerce sector has far reaching implications on the growth of logistics sector, as dependable logistics infrastructure is crucial for success and sustainability of these firms.

Read full blog here.

Beware! Your Cards can be Hacked at ATMs and POS Terminals

With the recent reports of data breaches from ATMs involving over 3.5 million debit cards in India and banks rushing to block as many number of cards, warning bells should ring aloud for those who frequently flash their plastic cards anywhere and anytime to shop, specially at unauthenticated or unsecured point of sale or payment terminals.

The incident also threw open a serious debate on how far our ATMs and Point of Sale payment structures are safe when malware experts adopt all new techniques to export vital credit/debit card details from POS terminals to their far exist servers.

Though it is still not clear that how much money was siphoned off from card holders’ account and how banks are going to compensate customers, it is however, clear that debit and credit card holders can’t sit back and relax now.

Read full blog @Merinews.com

Stock Adequate POS Consumables to Avoid Checkout Fallouts

You own a retail store and have recently upgraded your point of sale or billing section with latest POS hardware and software to suit your business. Your customers are now happy to visit your (organized) store as they don’t need to spend hours and get frustrated as automated check-outs or manually-operated POS system can take care of scanning barcodes of goods, process payments and produce bills in just few seconds.

Modern technology helps retailers use mobile point of sale(mPOS) technology, which facilitates customers pay bills and take away goods from anywhere in the shop. These hand-held devices can produce instant bills like fixed Point of Sale printers but has great advantage due to its mobility factor and other features like Wi-fi and Cloud compatibility.

Read full blog here.

India to witness ten-fold rise in cashless transactions by 2020

With technology aiding the growth of retail industry, the global contactless transactions at Point of Sale (POS) through cards, mobiles and wearables will hit an all time high of $500 billion by 2017, and India whose cashless transactions currently valued at $50 billion will see a ten-fold increase by 2020, according to research reports.

Data obtained from Juniper Research has found that due to surge in contactless-enabled POS terminals across the globe which is aimed at giving customers improved shopping experience and easy check-outs, cashless transactions, which is currently at $321 billion, will surge to reach $500 billion next year.

Technology implementation has gone up globally and many card companies have obliged retailers’ demands by make POS terminals contactless-ready, said Juniper.

For example, financial services provider Visa has introduced 3.2 million terminals in Europe till April this year, which is 23 per cent more than 2.6 million terminals installed at the end of 2015, the report said.

In India, a recent report by Google India and Boston Consulting Group have predicted that by 2020, close to $500 billion worth transactions will happen electronically through e-wallets and other digital mode of payment systems, which is ten-fold increase from the present level. The driving force to wide-spread digital payment acceptance is due to sharp increase in the use of smart phones with internet connection and increase in demand for comfortable, easy and fast shopping, said the report.

The report titled “POS Terminals: Market Strategies and Segment Forecasts 2016-2021”, further said that while many countries still remain clueless about contactless payment system, several developing and developed nations are overwhelmingly using contactless payment terminals across all payment platforms.

The Juniper report has predicted that by 2020, two in every three POS terminals will be contactless enabled POS terminals paving the way for huge demand for such terminals and abundant opportunity for payment device manufacturers.

Contactless cards, the report said, will rule the major markets, and will represent one in every two payment cards issued by 2021, and smart phone and mobile-POS will witness 20 per cent of total retail POS transaction value. However, Juniper warned that despite the overwhelming growth of contactless payment market, the growth will be limited in some growing markets.

Nitin Bhas, the research author said, “This is primarily due to the less supply of POS contactless enabled POS terminals, and also that some potential markets like India and Germany are likely to remain cash-centric for few more years.”

Bhas predicts that Germany will remain cash-centric economy with around 57 per cent of in store transactions happening through cash, while in India still more than 90 per cent of retail transactions are happening through cash.

Written for JusTransact.com

MPOS can enhance your bakery business

If you are an experienced baker and running a single or chain of stores in a locality, you need to understand that just offering tasty, hand-made and fresh-baked items alone will not suffice to hold on to or improve the business, but should give immense importance to customer experience at your outlet for sustainability.

Modern customers generally go by the appearance and ease at which they could transact at Point Of Sale even during peak hours. So, it is essential that you take care of your shop’s inner and outer appearances besides improving the quality of the stuff you sell.

Technology has changed the bakery business for good. Therefore it is necessary that you adopt the right technology for your store which can automate many of your sundry/routine daily works which otherwise consume considerable man-hours and lead to errors, if performed manually. 

Read full article here.

Enrich Your Shopping Through Mobile Wallet

A new payment system in the name of ‘mobile wallet’ is gripping the new age shoppers across the world and in India, with huge penetration of smart phones and customers constantly looking for improved shopping experience, it’s no surprise that mobile wallets have become the most favoured payment option among customers, whether they pay at physical stores or on-the-go.

According to a recent survey by eMarketer, in the days to come, more consumers are likely to pull out their smart phones to pay for services and goods they receive from retailers.

Real full article here.

How to Find Perfect POS for your Business

Finding the right POS solution for a retail business can be tricky though we have several payment options available these days. If you don’t get right advice, you may end up losing money by investing in wrong and incompatible POS setup for your store.

Each POS system offers a set of distinct features. Before making a big decision, you should understand the big picture such as how it works, what it provides, how easy to execute, whether you get good after-sales support from the vendor, etc. Before you understand what makes each POS solution good or bad for your business, you need to pay attention to certain overarching points.

Read full article here

JusTransact Throws Open Online Bazaar for Indian POS Sector

Press Release

Chennai, October 5, 2016: After its successful launch of India’s first E-commerce online market place for Point of Sale (POS) technology - JusTransact.com, Millennium India has added yet another ‘first’ to its credit by unveiling country’s only online B2B portal for POS brands and distributors who can converge at one place to transact simultaneously.

Aimed at cutting down the huge supply chain losses faced by thousands of hardware and software POS products vendors across India and improve sales volume of Brands, JusTransact’s Partner Zone also aimed at ‘empowering’ small, medium and large enterprises across the nation by automating their business with affordable, scalable and world-class POS technology.

Commenting on the launch of JusTransact’s Partner Network (http://partner.justransact.com/), Bhaskar Venkatraman, Founder and CEO of jusTransact.com said: “JusTransact’s partner network throws open a unique opportunity for both POS brands and resellers who can communicate directly on a single platform, thereby cutting the supply chain losses in terms of time and money. Resellers can directly get POS products from manufacturers at much lower price and can hence pass on the cost benefit to their customers, who are predominantly small and medium retail businesses. For brands, they can find all buyers in one place and hence get great traction and growth. In short, it is a win-win condition for both brands and vendors.”

For partner network, jusTransact plays a pivotal role in connecting both POS brands across India and local vendors who can be either main/region-wise distributors, vendors, stockists, software service providers, or stores selling POS products to retail businesses.

Further listing the advantages of partner portal, Bhaskar, who is also one of the pioneers in introducing POS technology in India, said: “POS Manufacturers need not have to look for distributors for their products, but can simply register with us and sell their products. Their products can be seen only by registered vendors, who can order POS products with appropriate quantity instantly. To facilitate fast and reliable goods movement, we offer free logistics service. We pick, pack and ship to buyer’s address wherever they are.”

To make it attractive, jusTransact has kept registration ‘free’ for partners and also introduced JusMoney wallet where points are credited for every purchase which can be adjusted against the purchase value.

JusTransact currently deals with over 1000 POS products of more than 40 top brands including Epson, Honeywell, Toshiba, Posiflex, Godex, TVSE, Opticon, Casio, Bixolon, Zebra, Essae, to name a few.

Bhaskar expects that more POS brands will make use of Partner Network Zone and offer their products such as POS terminals, barcode scanners, barcode printers, automatic cash drawers, receipt printers, mobile POS, hand held terminals, etc at attractive prices to vendors, who otherwise get them from local distributors at much higher price. “The partner network will also help to speed up the automation process of India’s retail sector where more than one million traders are still following traditional transactional practices,” he said.

The Justransact partner network for POS will also create a level playing field as every vendor – from main distributors to local stockists – across India will get their goods at same price thereby avoiding unethical business practices, opined Bhaskar.

PR for: http://www.justransact.com/media/press-release/justransact-unveils-partner-network-zone-for-pos-vendors

PR Released through PR News Wire to Indian Media

In-Store Efficiency Key to Better Customer Experience

Despite the strong belief that the days of brick-and-mortar retailing are numbered, several studies show that people will continue to shop in physical outlets in the years to come though e-tailing has become the most favourable mode of shopping among young shoppers these days.

Fearing losing business, the real-world retailers are now forced to provide shoppers with optimized in-store facilities to match with online shopping sites. Fortunately, retailers who run physical stores have innovative technologies available at their disposal to modernize their retail operations so that they can provide the best customer experience to outwit even the well known brands in their locality.

Read my full article at Justransact.com

Indian POS Terminal Market Sets for Makeover

Indian point of sale (POS) terminal market has grown up to worth INR 2.15 billion in 2015 and is poised to reach INR 3.86 billion by 2022 aided by unprecedented demand triggered by government’s move to open millions of bank accounts with ATM/debit/credit card facility, according to an analysis by the leading international research firm, Frost & Sullivan.

With government opening up banking sector to rural folks, India’s payment infrastructure is set to witness an explosive growth, and the country, which is presently the 13th largest plastic economy in the world, has a great potential to scale up the ranking as more retail businesses are being introduced to POS systems.

Read full blog @ JusTransact.com

How to Keep Your Customers Satisfied at POS

In today’s highly competitive and consumer-driven retail market, technology plays a crucial role in engaging with customers who wish to complete transaction across all possible channels as per their convenience.

Though quality, price and range are given importance for success of any retail business, data available from various research findings show that customers give high value on loyalty, in-store experience and quality of services.

Retailers are able to attract more customers while retaining existing customer base only when they promote customer experience at their stores and open up optimum POS channels for them to transact with elan.  Omni-channel POS technology, which has several advantages, can transform retailers’ operations and improve customers experience.

Read full blog here.

MedKart Asks Doctors to Shun Brands and Promote Generic Drugs

Ahmadabad, August 9, 2016:  Despite repeated assertions and directives by Medical Council of India (MCI) and government agencies to make doctors prescribe low-cost generic drugs to patients, the directives remain still on papers much to the chagrin of common man.

In the absence of stringent regulations, lack of awareness and misconception about using low-cost medicines, pharma companies are encouraged to connive with medical practitioners, both in government and private hospitals and clinics, to sell their brands to gullible patients at much higher prices.

“Thanks to the strong lobby by the influential multi-national drug companies, which account for over 90 per cent of drug distribution in India, supported by doctors and medical stores, generic medicines still remain a far-cry for the poor in India. High medicine cost and huge hospitalisation bills push many families into deep debt. In the absence of accountability and stringent regulations, doctors are at their own freewill to prescribe branded drugs, which cost much higher than generic drugs, to hapless patients, who have no option but to buy such medicines even if that means draining their lifetime savings,” rues Ankur Agarwal, CEO, MedKart Pharmacy, who has been spearheading a campaign to promote life-saving low-cost generic medicines in India.

The government recently came out strongly on doctors for taking patients for a ride by prescribing them costly medicines instead of low cost variants. The Chemicals and Fertilizers ministry is said to be in consultation with Health ministry to draw up a proposal to rein in on errant medicos who refuse to prescribe generic medicines, and pharmacists, who don’t stock low-cost generics.

Not all medicos flout MCI rules and help multi-national companies to fill their coffers, but unfortunately majority of them do. They should stop entertaining touts and medical reps around their workplaces and promote generic medicines for the welfare of patients. To bring defaulters to book, laws should be suitably amended to make it punishable if doctors write brand names instead of generics, with an exception to patented drugs, says Ankur.

Another problem the Indian generic market faces is people’s mind-set. As most of them are used to having branded medicines all along, they often find it uncomfortable to ask doctors to prescribe generic names.

“People hesitate to ask their physicians for generics instead of branded medicines, and doctors too, in general, don’t encourage such practice. However, the Constitution has given them the right to ask for generic medicines. Sadly, the awareness level among people on generics is abysmally low. For most of the patients, even among urban folks, ‘generics’ still remains an alien. It is time people understand their rights to demand low-cost medicines,” feels Ankur.

There is also a strong misconception among people that cheap generic medicines are ineffective and only branded and costly medicines are safe for consumption. However, it has been proved by studies, both in India and abroad, that generics are as effective and same in every aspect as compared to patented or branded counterparts promoted by pharma companies, explains Ankur.

Unfortunately, doctors and pharmaceutical companies capitalize this belief to promote their brands, which are sometime 10 times costlier than low-cost alternatives.

In plain terms, except for patented medicine, almost all branded medicines have generic alternatives available in the market. These medicines contain the same chemicals as of branded ones and are approved by appellate medical boards concerned for safety and health, explains Ankur, who appeals to the medical fraternity to come out in support of generic medicines for the welfare of poor patients.

About MedKart Pharmacy

Medkart Pharmacy is a leading generic medicine store which guides patients to get low-cost and quality generic alternatives from the best pharmaceutical companies following international quality standards. In the last 18 months alone, MedKart has helped over 35000 patients to save over Rs 8 crore by switching to generics. 

The purpose of launching Medkart was not just to spread the idea and availability of generic drugs among people but also ignite a campaign against doctors who are forcing patients to buy the prescribed branded medicines. Medkart, which has an exhaustive list of medicines, also offers online support to find the most authentic generic medicine with complete details.

Released through PR Newswire and published in major websites and print publications.

Choose the Right Receipt Printer for your Store

Every purchase in the retail outlets ends up with printing receipts at Point of Sale (POS). With hand-made bills becoming a passé, receipt printers play an important role in modern point of sale system.

Receipt printers are used by every retail business to print credit card bills or customer purchase receipts. Receipt printers can be found in varied industrial applications such as in textile showrooms, medical stores, kirana shops, super and hyper markets, hospitals, and food and beverage industry.  

In hotels for example, receipt printers are used to print orders at bar or kitchen. These printers are classified into three types viz. thermal, ink jet and dot matrix printers.

Read the full blog here.

Why do you need mobile POS for your restaurant

 Whether you own a brick-and-mortar eating joint, order and carry food court or any other eatery, having a perfect POS system can help you accept payment efficiently and quickly from customers wherever they are without making a beeline to cash counter.

Having a Mobile POS device can complement your traditional POS system and can give your customers an unforgettable dining experience in your restaurant. Mobile POS are simple to use, handy, cost efficient, trendy and holds host of features to simplify your business activities.

So, what is mobile POS?

Mobile POS or mPOS devices look similar to your smart phones or tablets but are programmed in such a way that it act as individual POS terminals doing all the works of traditional billing devices and can be carried to any part of the restaurant or business places for instant and secured transaction.

Read full blog here.

Bixolon Provides Cutting-edge Technology for Businesses in India, says Anton Jebadurai

Bixolon is the world leader in providing cutting-edge technology products to various industries with their application oriented devices. The technology giant from Korea has created a niche for itself in supplying world-class Mobile printers, Mobile POS devices, POS printers, Label printers, POS peripherals and accessories to leading manufacturers and retailers across the globe. 

Growing at a rapid pace in India, Bixolon has a huge catalogue of products to cater to Indian retailer and non-retailer community. C Anton Jebadurai, country Manager, Bixolon India speaks to JusTransact.com about company’s growth projection, future plans, product line-ups and speciality on mobile printers and their advantages. Excerpts…

You are one of the world’s leading POS & Mobile Printer brands. What are your plans for India?

We have been developing advanced Receipt, Label and Mobile Printers and maintaining our position as world leader in this segment. We have been chosen as world’s leading mobile printer brand by the leading research analyst Chunichisha for the last three consecutive years. We are extremely proud of this prestigious honor.

Read full Interview article here.