POS Systems
The trend toward cashless consumer payments has retailers preparing for an evolution at the point of sale (POS). With just 24 percent of Americans carrying cash on a regular basis, merchants will need to accommodate more convenient payment options to keep pace with evolving consumer preferences. A TSYS survey found that debit and credit cards…
Target said a systemwide outage that prevented customers from making purchases at its stores on Saturday has been fixed. The two-hour outage, which affected its cash registers, was caused by an internal technology problem, the retail chain said, without giving further details. “After an initial but thorough review, we can confirm that this was not…
Let’s be real: the state of brick-and-mortar retail in 2019 is equally exciting and terrifying. Amid widespread closures, uncertainty and the ever-present behemoth that is Amazon.com, there's an amazing wave of innovation in mobility that has the potential to transform — and yes, save — the retail experience for a new generation of consumers used…
The brick-and-mortar store is the customer touchpoint least supported by the explosion of retail technology and intelligence.
The 2019 POS Data Study from Askuity has made one thing very clear: don’t expect your company to reach its full potential without leveraging point-of-sale data in your day-to-day operations. Downloading data from portals and running spreadsheet-based reports was enough to be ahead of the curve in 2009. In 2019, it’s about moving beyond spreadsheets and transforming POS data into a source of competitive advantage and new sales opportunities.
Target shoppers will be able to avoid long checkout lines this holiday season thanks to a new mobile checkout service. The retailer's store associates will be equipped with mobile devices that can complete shoppers’ checkout processes from anywhere in its stores. The new service, which Target is calling "Skip-the-Line," was launched this week at all company…
Modern retailers face growing pressure to deliver an in-store experience that attracts customers and keeps them coming back. While many retailers have started adopting technology to meet this need, one of the most critical in-store moments has gone unnoticed: checkout. The current checkout experience is very similar to how it worked decades ago, and this…
Business owners are often surprised by what’s involved in setting up a merchant account for payment processing. While some decide to use numerous vendors to provide a processing gateway, platform, settlement services and equipment, it isn’t the most efficient strategy. In the long run, working with an end-to-end payment technology company can save time and…
Microsoft is reportedly working on technology that would eliminate cashiers and checkout lines from stores, six people familiar with the matter told Reuters this week. More specifically, the software giant is developing a system that tracks what shoppers add to their carts. Reportedly, Microsoft has shown sample technology to several global retailers and has had talks…
Whether you want to admit it or not, we all live in a digital world where many things become obsolete really fast. Today, it’s all about the cloud. The idea that your data is available 24/7 while being stored off-site at a safe and secure physical location is enticing to business owners, prompting many to…