Five Ways Investing in a Cloud POS System Can Benefit Your Business

Like most technological innovations, electronic cash registers (ECRs) have evolved. One evolution that has been gaining traction in the industry is cloud-based POS – also called a web-based POS system. These types of solutions leverage the cloud ecosystem to provide on-demand cash register and POS capabilities to merchants. They can be accessed via a web browser or a mobile application and provide all the functions and features needed for businesses to accept electronic payments and effectively run their day-to-day operations.

While legacy ECRs in the market work well for most businesses, cloud-based POS systems allow businesses to advance from a technological standpoint for a stronger customer experience.

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Four Reasons Why an Android Platform is a Key Ingredient for Your Restaurant Technology Recipe

As an ISV, you know that the restaurant business is extremely competitive. It is one of the key reasons why adopting new technology in this space is very slow. Restaurants need to work hard and establish their popularity in the community in addition to sustaining business on a day-to-day basis. This means that consumer-facing technology including payments often takes a backseat for restaurants. However, the COVID-19 pandemic changed how restaurants approach this all together. At the peak of the health crisis, many restaurants scrambled to offer services such as online ordering, delivery via third-party apps and even accepting contactless payments to put their customers at ease. Since then, restaurants have adapted quickly and effectively to the new normal and are continuing to offer enhanced services to their customers.

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Three Ways to Delight Your In-Store Customers This Holiday Season

The holiday season is upon us and many retailers are already beginning to offer consumers enticing deals and boost revenue. While in-store shopping has experienced a tumultuous time since the start of the COVID-19 pandemic, merchants are hoping to regain ground this season. According to the PwC 2021 Holiday Outlook survey, consumers are expected to spend an average of $1,447 this year on gifts, travel and entertainment which is 20% over last year when the pandemic grounded most holiday activities.

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Improve Your Banking Customer’s Experience in Three Ways

The banking industry in North America is undergoing a period of rapid changes in market share, competition, technology and consumer demands. Major banks regularly release new features to attract customers and retain current ones. To add to that, start-ups and new disruptive banking technologies are coming to the fore, making the space very competitive. Today, most banks are equipped with payment technology to handle basic functions of PIN authentication, PIN maintenance and e-signature, among others.

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The Need for Frictionless Payments

Imagine you are watching a basketball game at a sports stadium. During the break, you go to the concession stand to buy some snacks and beverages for your kids. You walk up to the counter, pick the stuff you need want and simply walk away without waiting in any lines – your payment is automatically deducted from your credit card! Examples of what I just described already exist with use cases from Amazon Go stores or the TD Garden concession store in Boston. Making payments frictionless is not some marketing gimmick, instead, it is about making payments easier and seamless for the customers; who doesn’t want to skip the long lines?!

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