PYMNTS-MonitorEdge-May-2024

Is mPOS at Another Inflection Point?

mPOS started as a way for micro merchants to turn mobile phones into point of sale terminals and has evolved over the years to become a platform for small merchants to professionalize and manage their retail and service-based businesses using mobile phones and tablets. The definition of mobile and point of sale will stretch the boundaries of commerce and what represents a point of sale experience. Could the next frontier be the Internet of (Payment) Things? And points of sale the virtual handshake that happens in the cloud?

mPOS started as a way for micro merchants to turn mobile phones into point of sale terminals and has evolved over the years to become a platform for small merchants to professionalize and manage their retail and service-based businesses using mobile phones and tablets. The definition of mobile and point of sale will stretch the boundaries of commerce and what represents a point of sale experience. Could the next frontier be the Internet of (Payment) Things? And points of sale the virtual handshake that happens in the cloud?

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PYMNTS-MonitorEdge-May-2024