Many of the restaurants are reportedly incurring losses owing to ‘change’ issues while those having point of sale (swiping) machines are able to manage transactions smoothly. Now, more than 60 per cent of the payments are made through POS machines while the rest are made in cash. Though the owners are able to manage things with their customers, deals with their suppliers have become a cause of concern. POS machinesMeanwhile, the demand for point of sale (POS) machines that accept debit and credit card payments has risen and the providers are unable to deliver them. POS providers denied supply citing lack of availability and we were asked to wait for at least a month,” said a tiffin centre manager on condition of anonymity.
Source: The Hindu November 21, 2016 00:12 UTC