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Retailing is changing fast - POS related technologies now offer you far greater opportunities
Added customer service value
Easy to use
Fraud reduction Nomad completes transaction processing at the point of sale on one transaction value only, rendering obsolete the need for dual entry transactions. Nomad's own inner security measures complete the process of 'closing the gaps' that currently exist for fraud. Simplified reconciliation The marriage of transaction settlement to the till simplifies reconciliation, since the POS system's transaction reports can be reconciled directly with incoming bank reports. Smooth integration Nomad provides a credible interface between retailer, banking and point of sale for electronic funds transfer and related processes. This acts as a secure gateway between retailers, banks and POS developers, and provides a managed retailer-banker-POS developer relationships hub. Nomad pragmatically acknowledges the needs of all stakeholders in POS integration software. It wraps itself around most environments (including both hardware and software across the retailer size and industry spectrum) with very little need for change. As a software product, Nomad provides a 'middleware' layer between front and back end systems, resolving the complexities of each by presenting a consistent interface. While current systems comprise numerous specialised hardware and software solutions, Nomad is built around providing interoperability and integration, augmenting any oversights and weaknesses in the process. Installed in a matter of days, the 'time to market' margin is squeezed considerably. Software development costs are limited, as the point of sale application will no longer require interface and technology changes once it has embraced Nomad's application programmatic interface (API). Further, Nomad's API is backward compatible with earlier versions of Nomad APIs. Runs on existing hardware Nomad uses your existing hardware infrastructure, and does not require a separate local area network, specialised servers or card reader technology. Allows a choice of banks Nomad does not enforce the use of a common bank or 3rd party interface (unlike some products). Rather than technology forcing the choice, Nomad technology enables banking choices to be made. Comptetitive pricing We know that effective management of point of sale costs is vital to your business; from networks to card readers and printers, the costs are high, and the key to cost management lies in intelligent choices. Nomad uses your existing hardware infrastructure, and does not require a separate device, separate local area network, specialised server or card reader technology. Nomad's application programmatic interface (API) limits software development costs through eliminating the need for future interface and technology changes. Wide sweep of additional business opportunities As the business of retailing expands to include new services, advances and sophistications, Nomad provides the opportunity to capitalise on emerging business opportunities. From in-store banking to loyalty schemes and 3rd party payments, the scope to generate new income has never been greater.
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