According to research conducted by Starfleet Research, 84 percent of full-service restaurants, and 72 percent of quick service and fast casual restaurants, report that they achieved “significant” or “dramatic” improvement in revenue performance after deploying next-generation restaurant management and POS systems.
After more than two years, payments providers are still reeling from the chip shortage. Indeed, lead times for chips used in POS terminals and credit cards can be as long nine months, compared to six months a year ago, says Stewart Watterson, a strategic analyst for Aite-Novarica. Pre-pandemic, lead times on orders were about 12 … Read more
Three PAX experts review the key factors behind the rise of Android SmartPOS – how they are delivering value to acquiring banks, merchant service providers and their merchants – and why security is stronger on Android SmartPOS compared to legacy POS terminals. When Steve Jobs unveiled the first iPhone on January 9th, 2007, there were … Read more
In 2004, self-service kiosks set out to re-engineer the entire airline industry. The traditional counter check-ins promoted long lines, disgruntled customers, and high labor costs. By 2012, 80 percent of frequent fliers checked-in via a self-service kiosk compared to only 20 percent just eight years earlier. Fast forward to 2018. Self-service kiosks are expanding into … Read more
The push for less human contact due to the raging pandemic has translated to the exponential growth of mobile point of sale transactions. Online retailers are cashing in heavily on escalating cashless transactions, expanding offerings to further boost their earnings. POS systems have gone from merely being a tool to record sales transactions to a … Read more