Multi-function POS terminals are the wave of the future
By Kristen Lawrence
The new all-in-one terminals are now able to perform tasks that required several peripherals in the past, as well as clogged counter space and compiled equipment costs. These systems can now be programmed to handle sales of all different payment processes, in addition to exchanges, returns, layaways, discounts and even coupons or promotions. Merchant Account Guide writer Hally Z. writes that, as a result, "customers are more likely to purchase from that merchant because their transactions take less time to complete."
The multi-functioning platforms typically run on touch-screen technology and have been assembled to completely comply with the PCI-DSS.
Mercator Advisory Group supported this movement in a recent report, stating that "providers in the POS market are attempting to meet market demands by developing solutions that ascend beyond the last generation of POS systems."
StorefrontBacktalk.com also reported last October that POS terminal sales had increased the previous year by 9 percent, selling 13.9 million units, with the most growth occurring in the U.S. and Canada.
Related News - Point-of-Sale Terminals
Fraud Prevention Month: Are U.S. Merchants Prepared for the EMV Fraud Liability Shift?
The U.S. is the last major market to migrate to EMV and as of October 1st, 2015, merchants who have not upgraded their payment terminals to EMV capable devices will face liability for incidents of fraud as per the fraud liability shift.Full Article
Survey Reveals Canadian Shopping Habits
The annual BrandSpark Canadian Shopper Study, gives merchants invaluable insights about Canadian shopping habits.Full Article
Pivotal Payments to Exhibit at the NEAA 2015 Winter Conference and Tradeshow
Pivotal Payments will be exhibiting at upcoming NEAA 2015 Winter Conference and Tradeshow, January 20-22nd, at the Westin Boston Waterfront hotel in Boston, MA.Full Article
What U.S. Merchants Need to Know About EMV
In an effort to expedite EMV migration in the U.S, the card brands have instituted deadlines, including the fraud liability shift of October 1, 2015. Merchants of all sizes, from small single location business owners to multi-location nationwide merchants, will all be affected.Full Article