
Transaction receipts are vital
In India, the use of thermal paper for POS billing purposes still has a long way to go because there is a large unorganized retail sector where transactions still take place in the old-fashioned way – in cash. The question of transaction receipts doesn’t arise here because of the age old style of doing business where no documented accounts are maintained. However, these very businesses will find it difficult to deal with their markets in the new tax regime which is targeting these type of businesses that deal entirely in cash and don’t pay any taxes. A reputed thermal paper roll supplier can also include this message in their sales communication to these businesses. It’s not advisable to rub the tax department on the wrong side.
Good for sustaining business growth
The other important aspect of this matter is that an efficient POS billing process determines the success of a business to a large extent. That’s because customers nowadays ask for a transaction receipt unlike in the earlier days when cash used to be the only way payments were made. Imagine a retail store refusing to give receipts to a customer, who lodges a complaint against the shop-owner at a consumer court. The resulting focus of the incident in the neighborhood as well as in the media will create a lot of bad publicity for the retail store. All that a retail store needs to do is get a thermal printer and contact a reliable thermal paper roll supplier for regular supplies to generate instant receipts for customers.
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