The Store Register Is Going Mobile, Creating New Winners And Losers In The Payments Industry

BreadcrumbGrouponGroupon’s Breadcrumb mPOS

Mobile store registers are driving a rapid shift in how stores accept card payments and manage their businesses.

Also known as mobile point-of-sale or mPOS, these registers can be challenging to define, especially as so many companies have recently come to market with different innovations. We include a variety of different devices in our definition, including:

  • Dongles, stands (see the Breadcrumb, right), and sleeves that are attached to existing smartphones and tablets.
  • Purpose-built mobile devices, most often a tablet that has a custom-built operating system and software for facilitating POS functions and payment acceptance.

In a new report from BI Intelligence, we examine the effects of mPOS on the retail, hospitality, and food-services segments. These industries are the primary target market for mPOS companies. We cut through the mPOS hype by analysing the needs of the retailers that have adopted the technology, and interviewing merchants to find what has worked and what hasn’t.

Access the Full Report By Signing Up For A Risk-Free Trial Membership Today >>

Here are some of the key trends and ramifications around the transition to mPOS:

In full, the report:

For full access to all our charts, data, and analysis on the payments industry — including downloadable Excel files — sign up for a trial membership.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.