Selling Value-Added Services From The POS To Boost Revenue

September 30, 2024
VAS INTEGRATIONS
Unlocking New Opportunities for Retailers

Why enable Value-Added Services? As a retailer, maintaining a steady revenue stream, meeting customer expectations, and managing financial processes efficiently are critical to your success. While your current point-of-sale (POS) system supports your day-to-day operations, it holds the potential to offer much more. The question is: how can you maximise its capabilities to unlock greater value?

From your customers’ perspective, convenience is key. They seek a one-stop shopping experience where they can fulfill all their needs in one visit. Customers want the ease of purchasing airtime, data, electricity, and other digital products without making multiple transactions or visiting different stores. Imagine if your POS system could provide this convenience while boosting your revenue.

Selling-Value-Added-Services-From-The-POS
GLOCELL RETAIL SOLUTIONS
A Partnership for Success

We are excited to introduce an enhanced Value-Added Services (VAS) platform through our strategic partnership with GloCell Retail Solutions (GCRS). GCRS provides retailers access to an extensive ecosystem of VAS products, allowing you to earn commissions by selling popular items such as airtime, data, electricity, lotto tickets, and digital vouchers. Transaction Junction (TJ) plays a key role by seamlessly processing VAS transactions and establishing necessary connections between all parties involved. This collaboration transforms your POS system into a powerful, revenue-generating platform, enhancing operational efficiency and customer experience.

ADVANTAGES
Key Benefits For Retailers

Our VAS platform is designed for seamless integration with your existing POS system, with no additional costs or downtime required. Retailers can deliver on key business objectives:

 

Boost Revenue
Offering VAS products opens new revenue streams, significantly increasing your earning potential. Commissions from these services accumulate quickly, turning your POS system into a profit center.

 

Enhance Customer Experience
Customers value convenience. By integrating VAS into your POS, customers can purchase essential services alongside their regular shopping, making their experience smoother and more enjoyable.

 

Attract More Foot Traffic
Offering a wide range of services attracts more customers to your store. When shoppers know they can buy airtime, data, and other services from your POS, they are more likely to visit your store, leading to increased foot traffic and sales.

 

Stay Ahead of the Competition
In a competitive retail landscape, differentiation is key. Incorporating VAS sets your store apart as a one-stop destination for diverse customer needs, helping you capture a larger market share and expand your customer base.

 

Streamline Financial Management
Our solution includes access to Transpector, a comprehensive portal for managing transactions and reconciliation. It provides real-time transaction data, making it easier to track your earnings and streamline business operations.

MERCHANT COMMISSIONS
Potential Earnings By Product

Here’s a snapshot of the VAS products available and the potential commissions:

ProductDescriptionProvidersMerchant Commission
Airtime & DataAvailable as pinned and pinlessVodacom, MTN, CellC, Global Airtime, Telkom World Call2.75% – 3.75%
Prepaid ElectricityDirect prepaid electricity available from Eskom and most municipalities across South Africa. Free Basic Electricity offered every month.All South African Municipalities0.37% – 1.17%
Lotto / GamingCustomers can top up their gaming accounts or buy secure prepaid vouchers for gaming services.Hollywood Bets, Supa Bets, Lotto Star, Lotto2% – 4%
Digital VouchersPay for subscriptions, mobile apps, music, entertainment, and more through secure prepaid vouchers. Additional vouchers are being added regularly.Netflix, PlayStation, Google Play, Spotify, Steam, Uber, Showmax0.5% – 3%
MERCHANT COMMISSIONS
Potential Earnings By Product

Here’s a snapshot of the VAS products available and the potential commissions:

ProductProvidersMerchant Commission
Airtime & DataVodacom, MTN, CellC, Global Airtime, Telkom World Call2.75% – 3.75%
Prepaid ElectricityAll South African Municipalities0.37% – 1.17%
Lotto / GamingHollywood Bets, Supa Bets, Lotto Star, Lotto2% – 4%
Digital VouchersNetflix, PlayStation, Google Play, Spotify, Steam, Uber, Showmax0.5% – 3%
"DEVELOPER HAPPY" APIS
A Dedicated Integration Team To Assist POS Providers

For a retailer to utilise Value-Added Services, the POS provider must have an existing integration with TJ and implement the necessary GCRS functionality on their system, which requires some development work. TJ supports POS providers by offering multiple platforms, including TJ EXE APIs, REST APIs, and VAS Client APIs. Our dedicated Integration Team is available to assist, answer questions, and guide the process, with a Project Manager assigned to ensure a smooth and timeous development experience.

POS PROVIDER REBATES
Additional Earning Potential For POS Providers

Once a POS provider has enabled the service on TJ’s platform, they can refer retailers to us for GCRS VAS. In return, we offer the POS provider a rebate, providing them with an additional revenue stream.

CONTACT US
Want To Learn More?

Whether you are a retailer looking at selling Value-Added Services from the POS, or a POS Provider looking to enable this platform; we are always ready and excited to answer your questions. Get in touch!