What POS Customers Think About Inflation

72% say inflation will affect their next pos purchase

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 purchase
  • Of those, 11% are directly concerned about the rising cost of POS technologies
  • 89% are concerned that increased pressure on cash position from other inflationary areas will cause delays in upgrading their POS system.

Our perspective: Inflation is pressuring cash positions and cash flow. As such, there has never been a more important time to sell payment options. Leading with a payment can help customers get more for their money and upgrade with confidence in a cycle that might normally sideline even important technological improvements.

We’re on your side: As a leader in POS industry finance, TimePayment can help build the solutions that adapt to the ease and affordability required by today’s demanding POS customers. If you have a unique finance need or are interested in building a more bundled payment alternative, we can help.

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