SPONSORED INSIGHTS The global point of sale (POS) terminal market size is expected to grow from $62 billion in 2018 to $108 billion by 2025, according to a recent report by Grand View Research. “Smart” POS devices can provide much more. Small to medium-sized businesses want to improve their in-store experience for digital savvy consumers. Merchants are looking for business solutions rather than merchant accounts – especially small and medium-sized businesses. Yet for decades the technology at their fingertips has often been large and clunky POS devices running on software that doesn’t talk to other POS devices and back-office software.…
Why banks can profit from “smart” POS