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One-Quarter Of Companies Fall Short Of Business Transformation Goals

A report from KPMG found that while the nearly all of U.S. companies are transforming their businesses (98 percent), about 25 percent fail to realize the optimal value of their initiatives.

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POS & PAYMENT PROCESSING MAGAZINE ARTICLES

  • Think Beyond Traditional POS

    An ISV’s solution helps restaurants address key challenges, while creating a lucrative differentiator for the solutions provider.

  • Overcome EMV Objections

    Experts explain how payment hardware upgrades bring a host of exciting new functionality retailers are excited to adopt.

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POS & PAYMENT PROCESSING EXECUTIVE COMMENTARY

  • 3 Ways mPOS Can Make An Impact Beyond The Payment Transaction
    3 Ways mPOS Can Make An Impact Beyond The Payment Transaction

    It’s far from a novel statement to say that mobile technology is changing the way consumers and businesses operate. Customers now have the ability to make payments from nearly any location, while merchants can charge buyers in line or at a fixed point of sale (POS) in the store. Mobile technology in the form of POS systems is growing rapidly in the small-business landscape and is changing the way companies operate — for the better.

  • 5 Reasons There Will Always Be A Market For Fixed POS
    5 Reasons There Will Always Be A Market For Fixed POS

    The following observations are based on fixed point of sale (POS) terminals, or cash registers. They do not include payment terminals or other devices that may be grouped under the POS umbrella. 

  • 7 Steps To A Seamless Email Marketing Campaign
    7 Steps To A Seamless Email Marketing Campaign

    Email marketing campaigns can be extremely effective, and are a relatively inexpensive marketing tactic. Assuming you’ve built up your prospect database, an email marketing campaign ensures you’ll reach a large audience with your message — whether you’re sharing educational “thought leadership” content, unveiling a new product offering, or following up after an event.

  • 3 Things IT Solutions Providers Should Include In A Successful Email Marketing Campaign
    3 Things IT Solutions Providers Should Include In A Successful Email Marketing Campaign

    When it comes to building an effective email marketing campaign, it’s been my experience that it’s best to first ensure that you develop a plan and campaign that’s not only unique enough to grab the user, but will also effectively accomplish what you are trying to promote.

  • EMV In The U.S. – Are You Ready?
    EMV In The U.S. – Are You Ready?

    The transition to chip-based credit card processing is well underway in the United States. With magnetic stripe credit cards about to take their place in history alongside carbon paper receipts and the flat bed imprinters used to create them, it’s time to focus seriously on cutting-edge EMV technology and how it will impact transaction processing in this country in the immediate future and beyond.

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RETAIL-FOCUSED WHITE PAPERS & CASE STUDIES

  • Defending SMBs With Cloud-Managed Security
    Defending SMBs With Cloud-Managed Security

    Technology is a two edged sword. On one side, the introduction of new applications, devices, and web services makes people’s lives and jobs easier and more productive. On the other, the increase in user mobility, the migration to faster data pipes and the exchange of more information open businesses up to new threats and increased susceptibility to cyber attacks.

  • SMBs: The Attacker’s Target

    Cybercrime is increasing at epidemic proportions, from consumers, to SMB organizations to large enterprises. According to avtest.org, an independent service provider of anti-virus research, more malware was found in the past two years than in the previous 10 years combined. From 2013 to 2014, new malware jumped just over 71 percent from 83M to 142M new strains being introduced. And it turns out Small to Medium Business (SMB) organizations are becoming the cybercriminal’s “sweet spot”.

  • The Plastic Breach: Protecting The Retail Sector

    Who would have thought that a small piece of plastic measuring a mere 2.125 inches by 3.370 inches could open a window to so much mayhem? For the past three years, cybercriminals have been targeting the retail industry. During 2014, we saw large- name retailers like Michaels, Neiman Marcus, PF Chang’s, Staples, Dairy Queen, Goodwill, UPS, Target, and Home Depot all make headlines.

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POS EVENTS

Retail IT VAR Of The Future May 12-13

Las Vegas

NRA Show May 16-19 Chicago
2015 Mobile Payments Conference August 31 – September 2 Chicago
     
     

ABOUT POINT OF SALE (POS) AND PAYMENT PROCESSING

Point of sale (POS) is the place where retail transactions are completed; where payment is exchanged for goods or services. POS is used in many retail industries and many require unique customizations to the hardware and software in order to accommodate their transactions. POS features include scanners, manual and electronic cash drawers, scales, EFTPOS terminals, handheld scanners, touch screens, and many other options. Modern POS systems often act as more than just a system to process transactions by providing inventory management, warehousing, CRM, financials, and more.

In addition to standard on-premise POS systems, modern POS software can be delivered from the cloud in the software as a service (SaaS) model. Cloud-based POS systems can be compatible with traditional POS hardware in addition to mobile devices such as iPads, iPhones, Android devices, and more. Cloud-based POS offers the ability to access data from anywhere there is an internet connection and normally offers faster setup due to it being run remotely.

Payment processing is done by payment processors which are often third party companies hired by a merchant to handle credit card transactions. Payment processors are broken down into two types: front-end and back-end. The front-end processors perform card associations, authorizations, and settlement services while back-end processors accept settlements from front-end processes and move money from issuing banks to merchant banks.

Modern payment processing is usually provided in the software as a service (SaaS) model, giving merchants a single simple electronic portal that allows them to process payments in various forms including recurring payments, web payments, checks, and more all in the same place.

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FEATURED POS & PAYMENT PROCESSING PRODUCTS

  • SATO GY412 Printer
    SATO GY412 Printer A direct thermal printer that simultaneously prints on both sides of a label; the printer has 2 thermal print heads. The thermal label media is coated on both sides using thermal technology.
  • Cash Drawer Caddy™ System
    Cash Drawer Caddy™ System Designed to help bring the components of a POS workstation together, the Cash Drawer Caddy™ System includes a heavy duty drawer, a rugged injection molded Base and a sturdy steel Cap.
  • POS Elite
    POS Elite

    Harbortouch POS Elite combines state-of-the-art software with top-of-the-line hardware to deliver a high quality POS system that is unmatched in both reliability and usability.

  • MercuryGift
    MercuryGift

    Our gift card service is designed to help you generate new revenue, increase exposure of your brand, and manage gift card sales for one store or an entire chain.

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POS & PAYMENT PROCESSING MULTIMEDIA

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