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...
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Blog + Thought Leadership on POS Trends
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...
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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...
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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...
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Retailers Plan Significant Post-Pandemic Investments
Despite consumers' growing dependence on digital shopping channels, nearly 92% of all sales in 2021 will be fulfilled through local brick and mortar stores, according to IHL research. Meanwhile, local stores are changing, as retailers rush to accommodate new shopping...
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Seven Retail Predictions for 2021
The U.S. and global economies saw significant upheaval because of the COVID-19 pandemic. Apart from grocery, the retail industry took the brunt of the pandemic. The challenges were widespread and resulted in an alarming number of both temporary and permanent...
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Early Black Friday Promotions Pay Off As COVID Shakes Up Holiday Shopping
Black Friday started early this year. Rather than wait for the day after Thanksgiving to entice shoppers with hard-to-resist Holiday promotions, retailers started offering deals as early as October. Recognizing many shoppers are still leery of going into physical stores,...
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Dispensary Retailers Focus on POS Technology First, Cannabis Second
While the COVID-19 pandemic has caused substantial revenue drops in hospitality and most retail segments, the emerging cannabis space has seen sales increases of as much as 30%. With success come challenges as cannabis dispensaries struggle with issues around cash...
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Resetting Marketing Priorities for POS Resellers During a Pandemic
Developing a marketing plan for POS software developers and channel partners is challenging in normal times, a pandemic can make it downright stressful. What do you do when you can't meet customers face to face and everyone is worried about...
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A Long Recovery: Restaurants Coping with the Impact COVID-19
Restaurants are reopening in states that were hit hard with COVID-19 restrictions. Social-distancing policies are not allowing restaurants to return to pre-pandemic operation levels, in most cases they are being forced to function at no more than 50% capacity. Restaurants...
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