12 Reasons There Will Always Be A Market For Fixed POS
By Patrick Grueschow, VP of Marketing, Quorion
Scouring the Internet you can easily find an overabundance of vendors making a case for the mobile POS system. Some even cite that 36 percent of all POS (point of sale) systems will make way for the new technology. However, what we do not hear about is how many of those devices will businesses return, because the mobile POS proved inadequate in the real world?
Experts continue to assert that traditional, fixed POS systems remain the best choice for most businesses because they offer consumers a sense of security and familiarity. Indeed, they have reigned supreme for decades with a solid track record. But what exactly are the benefits that could ultimately cause the stationary POS system to retain its critical positon in sales?
- Security. The Federal Reserve has published a report that asserts security concerns present the main reason why consumers remain hesitant, when considering mobile POS. Therefore, when it comes to credit cards, consumers prefer traditional, stationary POS systems than mobile POS alternatives.
Moreover, given the mobile POS system’s reliance on Wi-Fi networks, traditional POS systems present a safer choice. The mobile POS depends on the signal strength of the wireless network, which still fails to achieve the same reliability as hardwired networks. Lastly, there are some who also argue that mobile POS systems fail to achieve PCI compliance standards or only meet them to a lesser degree. This may, however, only present a temporary problem, because mobile POS technology still remains in its infancy.
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