Ever since the worldwide pandemic, customers’ payment preferences have changed. Consumers have quickly shifted from using cash to card payments by swiping or tapping, or scanning UPI QR codes.
Revolutions in the FinTech sector now allow merchants to enjoy the clear benefits of smarter, more efficient payment systems through billing apps on POS machines. Innoviti genie is an excellent example of a billing app that can be used across various android POS terminals.
What are the benefits of using a smart POS billing app?
Here are some ways merchants can benefit from using a POS billing app:
Manage Your Accounts and More
Track receivables, outstanding amounts, inventory and even generate GST bills. Unique Invoices can be drafted and system-generated reports are available to track business parameters. You can even send payment notifications to customers through this.
Boost Conversions
Merchants who use Innoviti genie on their android POS machines have reported a significant increase in conversions. Users report an increase in conversions from 30% to 85%. With great offers like instant rewards up to INR 999/-, customers are sure to flock back for more.
Price Matching
Innoviti genie offers the option to match and beat competitor pricing. Inbuilt verification systems ensure that your customers always get the best deals, even better than online stores. This helps boost sales. Innoviti genie merchants have reported an increase in revenue of 30%.
Secure EMI
With Innoviti Genie, merchants can offer secure, zero-cost EMI (Equated Monthly Installments) plans to all their customers using the genie wallet. Payment reminders ensure that customers pay their dues on time.
Boost Margins
The Innoviti genie app has helped merchants increase their margins by a reported 2%. With significant reductions in promotional costs, retailers can retain their margins and still beat competitor pricing. Merchants can leverage genie’s network of over 110 banks to advertise and increase their customer base.
Innoviti Technologies is committed to enabling merchants to innovate and become leaders in their market niches. Innoviti genie is but one of their many offerings. Visit their website and claim your future!