Mobile POS steadily making its way to forefront of retail industry
Cash registers and card readers are still prevalent within retailers' brick-and-mortar locations, but another payment form is quickly becoming preferred by many shoppers – mobile payments. Merchants are incorporating this kind of technology into their operations to accommodate device-carrying consumers who like to complete transactions with their smartphones.
The Associated Press reports that businesses across the globe are turning to mobile payment solutions to boost satisfaction among mobile customers. Some of the big-name brands include Urban Outfitters, Barney's and J.C. Penney, among others. These companies are bringing in technology that allows them to not only process payments from mobile devices, but also equip sales associates with tablets and smartphones to answer shoppers' questions and help the find the products they are looking for, the news source explains. However, just because this method may seem as though it could replace traditional cash registers and card readers, that certainly is not the case. These payment forms remain popular and will continue to be required in the future. Mobile POS solutions are just another way for brands to offer greater convenience for customers.
And while larger businesses are busy incorporating the technology, that doesn't mean that smaller retailers can't do the same. In fact, offering mobile payment options now can significantly help merchants' boost retention and loyalty among device-carrying patrons.
