Allows businesses to implement additional security measures for transactions that exceed a certain monetary threshold. This feature is designed to prevent unauthorized or fraudulent high-value transactions and to ensure that only authorized personnel can approve and complete such transactions.
It is particularly valuable for businesses that deal with expensive products or services, where high-value transactions are more common and the risk of financial loss due to fraud or errors is greater. It adds an extra layer of security and accountability to the POS.
How to Configure the Threshold?
The threshold value can be set up from the backend portal, Console
- Login to Console
- Navigate to Settings → General Settings → Approval Matrix
- Choose the Type 'High Dollar Transactions'.
Note: The Level field is uneditable, once the matrix setup is saved the levels will be auto-populated based on the threshold amount.
Select the Approvers (User Roles) from the dropdown and add the Threshold Amount. Each level can have multiple approvers in a level.
Click on the + button to add a new level.
Approval levels with a Threshold amount higher are sorted first on the list and the rest based on the threshold amount.
Admins can define specific transaction thresholds in terms of a monetary amount. For example, they might set a threshold of $1,000 for high-dollar transactions.
When a cashier or user processes a transaction that exceeds the defined threshold (e.g., a sale of $1,200), the POS system will automatically alert the user and prompt for manager or supervisor authorization before proceeding to the checkout.
The supervisor or manager responsible for authorizing high-value transact.
Articles in this section
- Getting Started
- Settings
- Transaction Tab
- Item
- Customer
- Reports
- QSR
- retailcloud chat
- Re-Registering ZeroPOS
- Common Issues
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