7 POS Trends for 2020/2021: Latest Predictions You Should Be Thinking About - Financesonline.com - 2 views
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global point of the sale terminals market is expected to reach USD 108.46[1] billion by 202
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One of the biggest POS industry trends right now is mobile payment transactions which saw a 40.2% year on year growth[2]
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it’s also important to have a reliable billing and invoicing program together with your POS sale
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The article focuses on trends that companies utilizing a POS system should look at deploying. Bolstered by figures supporting the success of the emergent trends, the article seeks to encourage operators to make the move sooner rather than later. The most prominent trends revolve around more efficient payment access. Customers appreciate the speed and available payment options. Companies are also able to manage customer data effectively and securely while also managing inventory and marketing. AI integration is also a forward trend that is allowing businesses to tailor their tactics to each customer individually. Perhaps the most important trend that is affecting other transaction systems as well is cloud based POS.