White Paper | August 13, 2013

Cash Transactions In A Mobile World

Source: APG Cash Drawer, LLC

For two decades, the PC has reigned supreme over POS solutions, operating as point of sale terminals that sit on counters and control various peripherals. However, the need for PC-centric solutions is waning as a more flexible POS model emerges. Leveraging cloud and mobile technologies, this model supports thin client and IP-enabled components such as cash drawers and printers.

For POS ISVs and systems integrators, this new model presents a vast new opportunity to add value for customers in retail, restaurant, hospitality and other verticals that use cash transactions. ISVs and integrators stand to expand their market reach and increase profits by designing and customizing IP-enabled systems, and offering customers service plans with recurring-revenue opportunities.

From Cash Registers To PCs

In the early 1970s, computerized POS solutions started replacing the cash register, a 19th Century invention that is now more likely to reside in a museum than a store counter. In the 1980s, IBM introduced propriety PC-based solutions. Early POS solutions were ROM-based systems created by NCR, DTS, and IBM with touch buttons that replaced cash register keys. In the early 1990s, the first Microsoft Windows-based POS system entered the market and kicked off a POS revolution.

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