As America moves predictably toward a cashless society, the importance of
updated credit card terminals is growing. The old fashioned manual cash
registers of even 10 or 20 years ago can’t compete with the terminals you’ll see
at every shop and national retailer. As cash exits Stage Left, there is little reason
to keep a cash drawer at every check out station in most retail locations. So the
terminals are transforming from the old style into nifty microprocessor-loaded
devices that can do everything except make and serve the meal. Pretty soon,
even the name cash registers will be obsolete.
The terminal industry has quickly transformed their products to smaller footprints
and made them easier to use for merchants and consumers alike. Now physical-
location merchants have numerous choices: customer-facing terminals matched
with merchant-facing devices or all-in-one terminals that handle customer transactions wherever they occur – table, counter, craft booth, flea market, barstool – then manage inventory, staff scheduling and batching out after hours.
Even the most recent generation of mobile and handheld devices is in for more
transformation so they can accept EMV chip-enabled credit and debit cards by
the end of 2015. These changes are already happening at major retailers such
as Target and Wal-Mart.
Some models of POS terminals were retired earlier this year or are scheduled for
retirement in the fall 2014. The retired models include:
Equinox : T4205, T4210, T4220, M4230
VeriFone : Vx510LE, Vx510, Vx510DC, Vx570
Nurit : Nurit 8020 GPRS
For more information about cash registers, mobile POS devices and economical
payment processing, contact Mike Krause at Sales Sense Payments, Inc., 585-
704-6453, email: Mike@SalesSensePayments.com. Please visit
SalesSensePayments.com.
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