One of the major sources of retail shrinkage is caused by employee theft. Such internal fraud often happens at POS (Point of Sales) terminals in retail stores:
Sweet-hearting: Unauthorized discounts given to a “sweetheart” such as friend, family, or fellow employee
Returns or Refunds: Refunding cash on a non-existent return
Voids: Voiding a sold item without the customer’s knowledge
No-sales: Opening cash drawer without registering any transactions
Manual Entries: Entering values manually, be it credit card numbers, item numbers, or prices, could be a manipulation or a potential operational error
We offer POS integration to CCTV with high-definition (HD) cameras by associating the video with POS transactions, allowing search and report generation by date/time, terminal ID, item group, cashier’s name, item price and more. In addition, we also offer POS integration to payment terminals with Global Blue’s OneInterface, allowing faster, error-free processing of credit cards payment, faster end-of-day reconciliation, and reducing internal fraud.