The Internet of things (IoT) is enabling smart, connected devices to communicate with each other and users to make things possible that would have seemed like science fiction a decade ago. Meanwhile, Long Term Evolution (LTE) lets users stay connected while on the go. Together, LTE for IoT connectivity is a blessing for retailers and eateries, upgrading their abilities to finalize sales both within and outside of their facilities.

3 Reasons Why LTE for IoT Point-of-Sale Solutions

1. Day 1 Sales Kiosks & ATMs

LTE for IoT applications include the ability to bring connected vending machines, sales kiosks, and automated tellers online immediately, easily, and without much required infrastructure. For instance, smart vending machines can read and validate customer ATM cards or mobile device cash transfers, authorize a sale, track inventory and trends, and let the vending machine supplier know when to restock the machine.

2. POS Terminals

Point of Sale (POS) terminals connected via LTE are portable card readers retailers can deploy anywhere and anytime. It lets staff members scan the customer's card, verify the funds are in place, transfer payment, and print a receipt. Retail customers don’t need to wait in line to check out, and restaurant guests never have to leave their seat. LTE enables speed and convenience and of course freedom from the limitations of a wired connection.

3. Temporary Sales Locations

Another key advantage of LTE for IoT is that it gives retailers the opportunity to set up temporary sales locations with no more effort than powering up a router. It is ideal for trade shows, outdoor events, concerts, etc. For instance, your restaurant could roll out a food truck and connect to your existing inventory management and payment processing infrastructure.

For expert technical assistance leveraging LTE for IoT, contact MACH Networks today.   Visit their website to learn more about the company, connect with them on LinkedIn for up-to-date news and information, or call (866) 972-7677 to arrange a consultation.