Profit By Offering Mobile POS To Smaller Merchants
By Brian Albright, Business Solutions magazine
Providing secure mobile payment solutions for small and midsize retailers can open up new markets.
Mobile point of sale (POS) solutions are increasingly popular with smaller retailers. These merchants often either don’t have a traditional brick-and-mortar location at all, or they are building their businesses by selling at trunk shows, farmers’ markets, mobile carts, and via other nontraditional venues. For VARs and ISVs, this growing class of small retailers presents a substantial market opportunity — provided they can offer a secure, reliable mobile POS system.
Rutland, VT-based High Meadow Business Solutions is an ISV that developed the RetailEdge POS and inventory management software solution. The company and one of its VAR partners recently deployed a POS solution for a small paddleboard store that includes multiple mobile POS stations that can be used both in the physical store and at remote locations.