Walk into an Apple Store and you’ll notice something missing—the checkout counter. Traditional POS stations have been replaced by store-roaming, mobile-devicewielding sales associates ready to process your payment anywhere, in an instant. Whether via a smartphone, tablet, or integrated payment device, mPOS is quickly taking over the way people, especially younger generations, do retail.
With mPOS, the point of sale has expanded from the checkout counter to any square foot of the store where a consumer is ready to buy. Merchants can accept a variety of cashless payment options on the spot, while also providing value-added services to drive revenue and build customer loyalty like never before.
In a highly competitive retail space, an mPOS solution for brick and mortar businesses is now more than just an added luxury—it’s a necessity. Consumers live in their smart devices, and in doing so, they aren’t just more diversified shoppers, they’re more informed shoppers. Consumers can search reviews and compare prices in an instant, in addition to accessing apps for all their favorite brands and retailers. As shoppers and their mobile technology continue to evolve, the same must go for the payments industry.