Posted on 18th May 2023
NEW FEATURE: Take & Redeem Deposits
PowerEPOS provides even more flexibility and revenue-generating opportunities by enabling deposits to be taken and redeemed through the POS.
Take & redeem deposits through your POS
Now PowerEPOS provides even more flexibility and revenue-generating opportunities by enabling deposits to be taken and redeemed through the POS. Whether it’s to secure a table booking, or for events such as a quiz night or wedding, our new deposit feature will help you increase revenue and reduce no-shows at your venue.
We all know that customers are less likely to change plans on the night if they have already paid a deposit that they could lose. By taking a table deposit you secure the booking, and the customer can redeem the deposit at your venue through their bill.
There are 2 types of deposit available through PowerEPOS, a custom deposit and an event deposit.
- Custom Deposit – This type of deposit is used for taking a deposit to secure a table. It does not book the table but can be applied to an order and decremented from the bill as items are added.
- Event Deposit – This deposit type allows deposits to be taken for events and provides a view of deposits taken per event.
Deposits can also be taken as part payment for events and used to take payments for events such as functions that are not redeemed through orders.
It’s important to note that this is not a booking system. This feature could be useful where bookings are tracked seperately, such as in a physical bookings diary, but we need a way to handle deposits for those bookings. To take bookings and associated deposits online, an integrated reservations system such as Now Book It or ResDiary could be an option.
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