Evolution of the Point-of-Sale Terminal: Survival of the Smartest
Report Summary
Evolution of the Point-of-Sale Terminal: Survival of the Smartest
The shift to software-based POS solutions will require market players to adapt their strategies.
London, 12 October 2017 – Mobile solutions are redefining the merchant’s POS. Merchants want to be able to serve customers, sell products, and take payments anywhere in the store. In response, innovative companies have introduced POS solutions that can be easily downloaded from an app store and run on a commercially available tablet or smartphone. How will the POS terminal space develop in the coming years, and who will be the beneficiaries of these developments?
This Aite Group Impact Report analyzes the transformation of the POS terminal space. Co-authored by Payment Redesign’s Eric de Putter and Aite Group’s Ron van Wezel, this report is based on conversations held globally with executives of leading acquirers, terminal manufacturers, payment companies, and industry bodies.
This 28-page Impact Report contains 10 figures and one table. Clients of Aite Group’s Retail Banking & Payments service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions Adyen, Aevi, Apple, BarclayCard, Clover, Commonwealth Bank of Australia, Diebold Nixdorf, Elavon, First Data, Google, Ingenico, iZettle, Mastercard, Mobeewave, Pax technology, PayAnywhere, Payleven, PayPal, Polskie ePłatności, Poynt, Shopify, Square, Sumup, SZZT Electronics, Vantiv, Verifone, and Visa.