POS Systems Go Beyond Payments
Technology to Drive Efficiency & Retention Point of impact: Increasingly, merchants are seeking enhancements to POS software technologies to reach deeper into operations, enhancing: Scheduling Inventory In-app messaging Multi-location team management Toast is just the most recent example: Payments Dive: Toast acquires restaurant tech partner Sling Deliver more upside to curbside: Are you positioned […]
What POS Customers Think About Inflation
And How to Reassure Them Will inflation impact the amount of new POS opportunities in the next 6 to 18 months? In short, yes. But with a little creativity you can stem the ebbing tide. Data dive: According to a recent survey* of over 670 POS customers: 72% say inflation will affect their next POS […]
Inflation, Robots, and Sporting Venues
Industry insights that POS sellers can use to grow their business today Brand loyalty: In tough times, loyal customers are more important than ever. With inflation raging on, can a smarter approach to data help merchants keep revenues flowing in a declining economy? See PYMNTS’s take Retention vs. robots: Are your customers struggling to […]
The POS Industry Research Top 6
Our Roundup of Surprising Stats Each month, TimePayment accesses POS industry research* to help guide you on making the most of today’s business opportunities. This month, we evaluate the role of online presence and payments. By the numbers: Only 8 in 50 restaurants will buy their next POS without first evaluating an online hardware/software […]
What Drives POS Purchases?
Affordability & Convenience, Not Bells & Whistles, Are the Decider Your POS solution doesn’t have to be fancy to be effective. A recent survey* of over 650 POS customers found that: 63% say competitive payment options are the most important factor 8 in 10 value monthly spend over technology features 7 in 10 are […]
Omni-Channel Solutions, Contactless Payment, Labor Issues & More
POS Industry Insights September 2022 Getting integrated: The omni-channel revolution drives on, but 7 in 10 retailers are unsure how to implement a POS that handles everything. Now may be the time to build your integrated omni-channel, payment-first offering. “How to Transition From Brick and Mortar to eCommerce” Going contactless: The food and beverage […]
Restaurant POS Kiosks Accelerate Sales with Self-Service
Faster service in the restaurant trade is pushing Kiosk POS technology beyond just games and bill payment. Data from the Kiosk manufacturers shows that automating ordering on some if not all menu items can reduce order time by nearly 40 percent. Couple this with projections from The National Restaurant Association (NRA) that 63 percent of […]
