Difference between Cloud POS or traditional POS

If you are a retailer and looking for a POS software that can give better service to your business, then you should understand the difference between cloud-based and traditional POS systems to conclude which one good for your business. Traditional POS system: A traditional pos system set up in a fixed location and store data on the personal computer. It has a cash counter, a barcode scanner, a receipt printer and card machines and manages the sales from customers within a closed network. The software is installed on the local server and maintained the data on site. Cloud-based POS system: A cloud-based pos system is run the operations on the cloud and also introduce as a SaaS(software as a service). It stores data on a remote server and keeps the space on the computer. Cloud POS software can be accessed from anywhere at any time by any system. It is advisable to use a cloud-based pos system for sell with various channels. It automatically updates inventory with every...