Payments tech firm invests £200,000 to launch EPOS division

A Brighouse-based payments technology firm has invested £200,000 to launch a new Electronic Point of Sale (EPOS) division.

Yorkshire Payments completed the investment to provide SMEs across the region with access to EPOS hardware and software solutions.

James Howard, founder and managing director of Yorkshire Payments, said: “Put simply, an EPOS system is a till point or hand-held device, like an iPad, that uses software to record information about each transaction. That information can then be used to generate detailed reports that give a deeper insight into trading activity.

“For example, productivity can be reviewed by monitoring what time staff clock in and out of the EPOS system, and stock and inventory can be checked using data that is updated automatically following a sale.”

In addition to the launch, Yorkshire Payments has appointed Jamie Bamford as an EPOS specialist. Bamford will oversee technical delivery of EPOS projects and manage client relations, with further jobs expected to be created soon.

Howard added: “Our EPOS division will be a focus area for business growth over the next few years. It is well-timed with the launch of Making Tax Digital in April, as EPOS integrates with popular cloud accounting platforms such as Sage and Xero, allowing businesses to upload digital accounts information from EPOS directly to the cloud.”

The company also has plans to open a purpose-built showroom in Brighouse town centre to showcase the technology before the end of this year.

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