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IVEPOS Point of Sale

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IVEPOS Point of Sale
Developer(s)Intuition Systems
Initial release2015; 9 years ago (2015)
Stable release
11.2.2 / September 22, 2020; 4 years ago (2020-09-22)
Engine
    Operating systemAndroid, Web
    PlatformAndroid based pos
    Available inEnglish
    TypePoint of sale software, Restaurant management software, Retail software, Erp
    LicenseProprietary commercial software
    Websitehttps://www.intuitionsoftwares.com

    Search IVEPOS Point of Sale on Amazon.

    IVEPOS Point of Sale is a cloud based restaurant and retail software developed by Intuition Systems. IVEPOS is a retail management and point of sale (POS) system built on the Android operating system. IVEPOS was started as a hobby project by Anand Asaithambi, and Arun Asaithambi in 2013. In early 2016, working prototype was developed before Intuition launched the IVEPOS in the last quarter of 2016. In 2018, cloud based IVEPOS was launched, IVEPOS is used in thousands of restaurants and retail stores across India.[1]

    Development[edit]

    In 2013, Intuition founders Anand Asaithambi and Dr. Arun Asaithambi tried to set up a POS system for their restaurants in Bangalore. They could not find an affordable restaurant management and point of sale (POS) system. This prompted them to put together a mobile Android pos system. After exiting their restaurant business, Intuition Systems was formed to further develop, build and commercialize this android based mPOS billing, payments and business management system called IVEPOS (Intuition Version of Point of Sale) with Anand Asaithambi as its CEO.

    In 2016, IVEPOS prototype was tested in the restaurants and retail stores.[2]

    In 2017, IVEPOS was launched as an offline product and used by hundreds of restaurants and retail stores.

    In 2018, Cloud based product was launched and marketed in Indian market.[3]

    In 2019, Intuition Systems signed agreement with major payment enterprise companies like Fiserv, First data, ICICI Merchant Services for partnership, by 2020 IVEPOS is used by thousands of restaurants and retail stores.[4]

    Product variants[edit]

    IVEPOS Dine, QSR, and Waiter are restaurant management and point of sale (POS) software[5]. IVEPOS Retail is a retail management and point of sale (POS) software[6]. The backend can be managed using a mobile device or using web browser in real-time. Associated hardware includes a receipt printer, cash drawer, scanner and card reader.

    Recognition[edit]

    In 2018,Insights success and The CEO Magazine named IVEPOS one of the recommended POS system for retail stores[7][8].In 2019, Silicon India, Finances online and compare camp named IVEPOS one of the best POS systems[9][10].[11]

    References[edit]

    1. India, Press Trust of (2019-02-20). "Intuition Systems IVEPOS is Re-Inventing Brick-Mortar Stores in Retail Industry 4.0". Business Standard India. Retrieved 2020-07-28.
    2. "Intuition Systems: A Game-Changer in Modern POS Systems". siliconindia. Retrieved 2020-07-28.
    3. "Intuition Systems Introduces Cloud-based IVEPOS Enterprise® With Multi-store Management for Large Restaurants and Retail Enterprises With up to 100 Stores". The Week. Retrieved 2020-07-28.
    4. "Mswipe's Money Store Brings PoS Applications, Payment Tools For SMEs, Merchants". Inc42 Media. 2019-08-21. Retrieved 2020-07-28.
    5. "Restaurant POS System - Point of Sale Software - IVEPOS POS". Intuition Systems. Retrieved 2020-07-30.
    6. "Retail POS System - Point of Sale Software - IVEPOS POS". Intuition Systems. Retrieved 2020-07-30.
    7. "Intuition Payment Systems LLP (Limited Liability Partnership)". The CEO Magazine - India. 2018-10-16. Retrieved 2020-07-28.
    8. "India retail revolution: Data-Driven Retail Industry 4.0". Insights Success. 2019-02-06. Retrieved 2020-07-28.
    9. "IVEPOS Review: Pricing, Pros, Cons & Features". CompareCamp.com. 2020-02-24. Retrieved 2020-07-28.
    10. "IVEPOS Reviews: Pricing & Software Features 2020". Financesonline.com. Retrieved 2020-07-28.
    11. "10 Most Promising POS Solution Providers - 2019". technology.siliconindia.com. Retrieved 2020-07-28.


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