StorefrontBacktalk: Written by Evan Schuman
Retailers will buy an average of 10 percent fewer traditional POS units, opting instead to use mobile checkout, according to an IHL Mobile study slated to be released next week. But that may be a misleadingly small change, because some sectors—such as specialty retailers—will see traditional POS purchases plunge by 20 percent in that same timeframe, which means “roughly 200,000 units going away. That’s more than NCR ships for an entire year worldwide,” said IHL President Greg Buzek.
Read more: http://storefrontbacktalk.com/payment-systems/traditional-pos-purchases-to-plummet-due-to-mobile-ihl-reports/#ixzz1ZLyhPvqP