Yesterday, today, and tomorrow's cash registers
Do you remember when you stopped carrying cash? Do you remember the first time you went to the checkout with your phone's payment code? Do you know when the world's first cash register was born? Today, I will share with you the past and present of cash registers.
The first generation cash register system
You know what? As early as 1879, the world's first cash register was born, manufactured by American brothers James and John Liddy. It is said that the invention of this machine was to supervise cashiers and prevent them from having selfish intentions, so this cash register can only function as a business record memo. Since then, cash registers have begun their development history.
The first generation cash register was large and clumsy, but it already possessed the most important function of modern cash registers, which is to record the amount of each transaction. And customers can also see the numbers displayed on the cash register. If the clerk is wrong, customers can see the difference for the first time. This is actually supervising the cashier, and the boss no longer worries about the clerk's improper behavior. Therefore, in the following decades, retail management has been using this generation of machines.
Second generation cash register system
After a long period of development, Japan successfully developed the world's first electronic cash register in the 1960s. Compared with the first generation, this machine added intelligent and networked functions, but these two cash register systems still did not have product management functions. In inventory management, it still requires manpower to count the quantity of goods and design many complex tables, and the efficiency is still very low. Moreover, at that time, the country could not keep up with The Times and was still using manual accounting methods to handle accounts.
Third generation cash register system
In 1981, the Ministry of Commerce organized the Beijing Municipal Department of Commerce to introduce the 528 cash register from Omron Co., Ltd. in Japan. It was first piloted in Beijing shopping malls and found to be much more efficient than cash registers. Subsequently, it was widely promoted nationwide, entering the era of cash registers.
With the maturity of personal computer technology, the cash register system has evolved into the third generation - PC based cash register system. The third collection system utilizes the powerful functions of personal computers to achieve business management needs such as file processing, inventory and customer information management, credit card, verification, etc. The common approach is a standalone architecture, where the personal computer host comes with a small display, printer, cash box, POS keyboard, etc., or the equipment is packaged in a cabinet as a whole.
In 2002, the well-known China UnionPay was officially established, and the bank card business began to develop towards intensification and scale, bidding farewell to the situation of one machine, one bank, and one store. Before 2010, the main ways for people to shop and consume were cash, credit cards, and savings cards. In 2010, Alipay code scanning payment service was born, and people began to leave cash gradually.
Nowadays, we have already entered the era of cashless, and almost all supermarkets and convenience stores are equipped with cash register systems. The penetration rate of cash registers in smaller community stores is also constantly increasing, which is an unstoppable trend.
With the changing demand in the supermarket market and the development of big data, the cash register system is also constantly adjusting and upgrading. I believe that in the near future, cash register systems will unlock more functions and bring people a more convenient life!
The Yingdi team is also constantly learning and updating the functions of the cash register system, strengthening the research and development of cash register software system, in order to achieve more accurate marketing, further improve resource allocation efficiency, and meet the needs of merchants to a greater extent!
Keywords:
More Blogs
Yingdi awarded "2023 Quality Integrity in Commercial Equipment".
Yingdi inked a strategic partnership with a renowned supermarket chain
Yingdi strengthens after-sales service and improves customer satisfaction