5 Reasons There Will Always Be A Market For Fixed POS
The following observations are based on fixed point of sale (POS) terminals, or cash registers. They do not include payment terminals or other devices that may be grouped under the POS umbrella.
How The IoT Will Transform Retail
The Internet of Things (IoT), or to use the term coined by major contributor Cisco, the Internet of Everything (IoE) will have far-reaching impacts on retail, as well as any industry that it touches. The distinction is the IoT is connecting devices, similar to an intranet whereas the IoE is connecting networks, companies, consumers — thus “everything.”
The Impact On VARs From Major Changes To Payment
Because mobile payment is a highly fragmented industry (a June 2014 Business News Daily article lists 26 different options), it’s best for resellers to actively monitor what’s going on in the market rather than aligning with any one solution at this time. While there is a lot of change in mobile payments, one thing is for sure — a few leaders will emerge. Plus with Apple Pay’s launch last month and MCX CurrentC expected for some time in 2015, it’s too early to predict consumer acceptance and usage.