Avalon Solutions Group has rolled out a new mobile point-of sale (mPOS) business solution for small and mid-sized businesses to simplify mobile payments.
Called myOmny, the solution will integrate all of the user’s business applications including point of sale, automated syncing of sales transaction, inventory and customer information with QuickBooks, as well as business reporting.
The new offering will process transactions as well as automatically transfer sales and inventory information to and from QuickBooks while tracking gross sales, receipts, average sale, and traffic numbers right on your mobile device.
myOmny, which is EMV and PCI compliant, will feature point-to-point encryption for additional security. It will also act as an automated bookkeeping and business insight tool for merchants.
The company is planning to add new features such as loyalty and offer programs, appointment settings and sales tax automation to myOmny in the coming months.
Using myOmny, sales transactions need not be manually entered into QuickBooks or have inventory data manually entered into the mPOS, saving the average merchant more than $5,000 per year.
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By GlobalDataAvalon Solutions Group chief operating officer Robert Fifield said: "myOmny was designed to be an all-in-one solution for small business merchants who struggle to compete with large retailers due to lack of resources.
"By creating myOmny with extensive integration capabilities, small businesses can have that competitive edge they’ve been missing, all while enjoying valuable time to connect with their customers and grow their businesses."
Avalon Solutions chief financial officer Steve Shollenberger said: "As we developed myOmny, we heard time and time again from small businesses about security concerns. By creating myOmny, our goal is to ease these concerns by offering the most security available."