The holiday shopping season is here — and to capture profits, retailers need to ensure that customers’ payment experiences are as smooth as possible. That means adopting solutions like mobile point-of-sale (mPOS) to avoid the long checkout lines that discourage all but the most diehard shoppers. It also means ensuring those devices can accept whichever kind of payment instrument customers prefer.
In this month’s mPOS Tracker™, PYMNTS explores retailers’ latest efforts to leverage mPOS for streamlining customers’ payment journeys, as well as providers’ pushes to offer new and improved mPOS capabilities.
Around The mPOS World
In one recent move, for example, financial technology provider Payscape partnered with CardFlight to bring the latter’s SwipeSimple mPOS solution to more merchants.
SwipeSimple offers mPOS capabilities via card reader, paired with an iOS or Android app. The solution also provides a dashboard with features, such as inventory management and analytics tools. According to terms of the agreement, Payscape will deliver SwipeSimple to merchants in the U.S. as part of its Payscape Mobile offering.
Meanwhile, Cyclebit and Dspread Technology forged a new alliance of their own. The pair recently announced they would work to create a series of mPOS solutions that can accept both cryptocurrency retail payments and card payments. They also plan to enable merchants to use Dspread’s existing POS terminals to accept cryptocurrency payments.
Another player, however, is finding new allies via acquisition. POS terminal provider NCR recently acquired JetPay, and announced plans to integrate JetPay’s cloud-based payments platform into its POS terminals for hospitality and retail sectors.
Find the rest of the latest headlines inside the Tracker.
Wissahickon Valley Watershed Association Gets An mPOS Boost
As mPOS solutions continue to advance in the commercial world, consumers are increasingly assuming that merchants will be able to easily accept card payments. That trend is pushing some members of the nonprofit sector to upgrade their payment acceptance capabilities to keep up, according to Lisa Hansell, senior manager of development for the Wissahickon Valley Watershed Association (WVWA).
In this month’s feature story, Hansell explained how using an mPOS solution at fundraising events helps the land-trust nonprofit to accept more donations of greater amounts, as well as improve payments security and speed up lines for event registration.
About The Tracker
The mPOS Tracker™ is the go-to resource for staying up to date on a month-by-month basis. The Tracker highlights the contributions of different stakeholders, including institutions and technology coming together to make this happen.
We’re always on the lookout for opportunities to partner with innovators and disruptors.
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