The Evolution of the Modern POS System

Throughout the last several years the word evolution has really been put to practice. Mostly into the world of technology. Technology-led us from struggling to connect a call to a family member living abroad to easily seeing them through top notch technology advancements. Similarly, technology has made doing business easier for us. With that being said let us shed some light on the substantial invention of the modern POS software system. The drastic change and convenience that the modern POS system has provided to us are noteworthy.

This shift from traditional to modern POS software systems has not only made operations easier for the owners but has also made it easier for the customers as well. As with time, everyone has been expanding their businesses to the POS system, there have been growing demands for advanced features in it. Thanks to the tech geniuses around the world that we have come a long way in terms of the advancement of POS technology.

Because of the advanced technology of POS, now we get to have numerous features that make everything much easier. Talking of evaluation, with evolution around the world there has been a significant evolution in our attitudes as well. With advancing and growing technology being present everywhere, people also expect businesses to thrive technically. Because with hectic professional lives nowadays, nobody wants to waste their time on things that can occupy only a few minutes if used through the right technology.

As it has been established that the POS software system is the game changer nowadays. Let us have a look at how this technology has evolved over time. A POS software system can be defined as the core of a restaurant. It can now be used for almost everything, such as customer management, sales management, marketing, notifications, inventory management, analytic reports, etc. but all these features are only available in a modern POS system, before the evolution there were not many options offered by the technology. Let us make a chronology of the changes that have been added into this technology throughout the years:

The evolution of the POS system basically started in the 18h century with merchants introducing the loyalty program for their buyers. These merchants used to give their customers the culminated goods as proof of the purchase. Around the time of 1879, the first cash register was invented and it was in 1931 that the first drive-thru was introduced by a restaurant in California.

After World War 2 in the 1950s, take-out became really famous in America. In the 1960s credit cards were launched.

During the 1970s IBM launched the first-ever electronic cash register (ECR), due to the development of thermal printing kitchen tickets and receipts were used, and the first desktop was created by IBM.

In the 1980s, as a donation tool, gift certificates were distributed, and in 1986 Gene Moshel initiated the first-ever graphical point of sale for his deli.

From 1991 to 1994 a world wide web was launched. A POS software was created for Microsoft Windows. EMV was installed in Europe. The first-ever online order of Pizza Hut was received during this time.

2000-2010: Microsoft and Lenovo created the first-ever tablet. Starbucks started to provide refillable gift cards. In 2002 the first cloud-based POS system was pioneered in the United Kingdom. McDonald’s started accepting credit cards. The Near Field Technology (NFC) functionality was added at low cost to mass-market mobile phones and other devices.

2012-015: In the POS market the customer-grade tablets hoped on. Toast, a restaurant management platform introduced a commercial-grade Restaurant POS Software in Boston. In the United States, EMV payments were introduced.

2016: In Pakistan, Foodnerd introduced its cloud-based POS software system. Their cloud-based POS software system has all the latest features. To name a few customer management, sales management, inventory management, notifications, marketing, etc. In the contemporary time where everything has become doable with a touch of your phone screen is it possible that there would be a time when even the delivery would be done by the robots? Who knows! One can anticipate anything in a world full of possibilities.

With all that has been made possible with a POS system, one can expect some new developments in the future as well. In the context of the advancement of the POS system, Foodnerd has upgraded its game, making it easy for Pakistani businesses to handle their functions and operations through the cloud-based software of Foodnerd.