Archive / Tech talk

The rise of the mobile-wallet

PayPal recently revealed the findings of a study that paints a dim future for the traditional, man-made wallet due to the rise of the mobile wallet.

83% of respondents across five countries preferred the option of not carrying a wallet, according to the study conducted by Wakefield Research among 1,000 credit and debit card holders, ages 18 and older.

Uses of a mobile wallet include financial transactions that can be made both faster by cutting down queue time and easier by not burdening customers

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Emerging EPoS technologies in retail

As the benefits of electronic point of sale (EPoS) are more widely recognised by retailers, in turn system developers are increasingly looking to push the boundaries. Supporting technology is becoming highly flexible and driving EPoS forward at such a pace that the definition itself is changing in the retail environment.

According to Retail Week’s Innovation Review 2013 there are twenty key technologies sweeping across the retail space at present such as augmented reality, cloud-based communications

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The three big benefits of EPoS

When it comes down to it, faster actions within business, better customer service and cheaper methods of delivery, are the fundamental factors that all players in the retail industry are looking to achieve.

While each company, may it be a fashion, shoe, charity or grocery store, has specific requirements within this, there are ultimately three big benefits an electronic point of sale (EPoS) system can deliver that fulfil the traders’ core concerns. These are: better efficiency

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3 steps to harnessing big data in retail

Retailers have increasing amounts of data at their fingertips, but this is nothing without: 1. a clear strategy of what to use and how to use data in order to compete with other retailers and 2. the correct deployment of a model that can extract and deliver the information required.

For retailers to fully exploit data and analytics three mutually supportive capabilities must be adhered to:

1. Choose the right data

Retailers should identify, combine, and manage multiple sources of data. In doing so

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EPoS makes you money!

Save money and boost your bottom linewith fast, secure, EPoS technology for retail & hospitality

Save money and boost your bottom line
with fast, secure, EPoS technology for retail & hospitality