The cannabis market is enjoying explosive growth. Estimated at $28 billion in 2021, it is on track to reach $198 billion in 2028. For resellers serving the market, this translates to substantial opportunities to sell POS Solutions, including cash management,...
Continue Reading
Blog + Thought Leadership on POS Trends
Choosing The Right Fit For Your Business
Anatomy of a Cash Drawer The cash drawer, in varying forms, has been a core component of the retail business for as long as people have exchanged money for goods. Any business accepting hard currency needs one but choosing the...
Continue Reading
How to Retain Retail and Hospitality Employees in a Post-Pandemic World
These are trying times for restaurants and retailers. You`re dealing with supply chain issues and a labor shortage. Frustration is running high among customers, who too often are lashing out at retail and restaurant workers. The "Great Resignation" has impacted...
Continue Reading
Ten Retail Trends to Watch in 2022
Due to the COVID-19 pandemic, 2021 proved to be another atypical year for retailers. As we look into the coming year, don't expect things to go back to normal just yet. 2022 will bring its own set of opportunities and...
Continue Reading
Cash Advocates Fight for American Freedoms of Payment Choice in Washington
While the cashless movement gained momentum during the early stages of the COVID-19 pandemic, advocates of the right to use cash are taking their fight to Congress. In July, Rep. Donald M. Payne Jr., D-NJ, introduced a bill to prohibit...
Continue Reading
Integrating Cash With Digital Channels
The COVID-19 pandemic raised safety concerns over cash handling, but those fears dissipated as the pandemic dragged on. By October 2020, cash had rebounded and reasserted itself as "the top way to make a purchase throughout 2020," according to a...
Continue Reading
Mobile-first Approach: Not Just For Small Shops Anymore
The COVID-19 pandemic caused a sudden 8.5% decline in adoption of mobile POS systems, but implementation will accelerate in the next four years. By 2025, the mPOS installed base will grow by 20%, according to an IHL Group projection. Retailers...
Continue Reading
Five Post-Pandemic Investments For Retailers
As the number of vaccinated people increases, states are lifting pandemic restrictions to restore some sense of normalcy. Even the most stringent cities and states are in the process of returning stores and restaurants to full capacity - a welcome...
Continue Reading
Cash Use Remains Strong Through The Pandemic
The Covid-19 pandemic has accelerated "cashless society" efforts around the globe. Understandably, consumers grew concerned over the possibility of contracting the virus by handling cash. Meanwhile, retailers had to scramble to continue operating even when they had to temporarily close...
Continue Reading
Why Retailers Should Include Cash Payments as Part of Their Post Pandemic Payment Strategy?
The pandemic has brought new energy to the cashless movement, but cash still isn't going away. Too many people, especially the elderly as well as the unbanked and underbanked, depend on legal tender for their purchases. That's because cash is...
Continue Reading