Slide deck presented at WiWo Convention³ on Mobile Payment, 04/11/2015 in Berlin. Describes the state of mPOS and the opportunities it presents for different merchant segments
Mobile point of sale (mPOS) has largely failed to deliver its early promise. This deck explains the mistakes that led to the over-hyped forecasts of 2012. It then outlines an alternative ecosystem for small business commerce including hardware, software and payments. This is SmartPOS. Merchant acquirers and other payment providers need to get inside these bundles or commercialise their own.
mPOS is wasted on Micro-merchants. Why this market hasn't grown as fast as ex...Geoffrey Barraclough
Mobile point of sale terminals (mPOS) were much hyped for as a tool for the emerging micro-merchant segment.
In reality, very small businesses have largely ignored these products but the innovation that they embody is very relevant for much larger ones.
I made this presentation at mpOS World in Frankfurt on 1 July 2015.
Keynote presentation to Retail Week's Innovation in Payments Conference, London, September 2016.
Covers: Research on consumer attitudes to payments, main problems confronting multi-channel retail today, my views on likely success of Apple and Android Pay.
Evolution of Mobile Point of Sale(mPOS)Arpit Vaishya
mPOS also known as the mobile point of sale provide small & medium businesses to get payment through their smartphone. mPOS is getting popular every year. Most businesses & merchants who using desktop POS are changing to mPOS.
eCommerce portals are accepting payments through the mPOS device, because it is easy to carry, you can manage your inventory from anywhere from your smartphone and also accept payments. In above Infographics, describes how mPOS is changed ways of payments and what advantages an SME’s and retailers can get from using mPOS.
Optimising your OmniPayments - Consumers, payments and the futureGeoffrey Barraclough
Qual and quant study of 2500 UK consumers looking at attitudes to new payment technology. Uses behavioural economics to evaluate likely adoption of new payment ideas.
Presentation to Retail Week's "Innovation in Payments" conference in London on 15 September 2015. Covers key trends in omni-channel payments and related technology.
The ten key steps for a successful mPOS solutionPascal CORABOEUF
From telcos to startups, from leading financial institutions to e-commerce providers, new organizations and new geographies are looking to provide mobile point of sale (mPOS) solutions to merchants and businesses.
See the ten key steps for mPOS service providers to transform merchant-consumer interaction to an easier, richer and more personalized experience
Mobile point of sale (mPOS) has largely failed to deliver its early promise. This deck explains the mistakes that led to the over-hyped forecasts of 2012. It then outlines an alternative ecosystem for small business commerce including hardware, software and payments. This is SmartPOS. Merchant acquirers and other payment providers need to get inside these bundles or commercialise their own.
mPOS is wasted on Micro-merchants. Why this market hasn't grown as fast as ex...Geoffrey Barraclough
Mobile point of sale terminals (mPOS) were much hyped for as a tool for the emerging micro-merchant segment.
In reality, very small businesses have largely ignored these products but the innovation that they embody is very relevant for much larger ones.
I made this presentation at mpOS World in Frankfurt on 1 July 2015.
Keynote presentation to Retail Week's Innovation in Payments Conference, London, September 2016.
Covers: Research on consumer attitudes to payments, main problems confronting multi-channel retail today, my views on likely success of Apple and Android Pay.
Evolution of Mobile Point of Sale(mPOS)Arpit Vaishya
mPOS also known as the mobile point of sale provide small & medium businesses to get payment through their smartphone. mPOS is getting popular every year. Most businesses & merchants who using desktop POS are changing to mPOS.
eCommerce portals are accepting payments through the mPOS device, because it is easy to carry, you can manage your inventory from anywhere from your smartphone and also accept payments. In above Infographics, describes how mPOS is changed ways of payments and what advantages an SME’s and retailers can get from using mPOS.
Optimising your OmniPayments - Consumers, payments and the futureGeoffrey Barraclough
Qual and quant study of 2500 UK consumers looking at attitudes to new payment technology. Uses behavioural economics to evaluate likely adoption of new payment ideas.
Presentation to Retail Week's "Innovation in Payments" conference in London on 15 September 2015. Covers key trends in omni-channel payments and related technology.
The ten key steps for a successful mPOS solutionPascal CORABOEUF
From telcos to startups, from leading financial institutions to e-commerce providers, new organizations and new geographies are looking to provide mobile point of sale (mPOS) solutions to merchants and businesses.
See the ten key steps for mPOS service providers to transform merchant-consumer interaction to an easier, richer and more personalized experience
What’s Next In Mobile POS: Saving Money And Square Footage With mPOS TechnologyG3 Communications
Mobile payments are expected to top $12 billion in 2012 and more shoppers are using smartphones and tablets for product research and transactions every day. Barney’s and other leading retailers are embracing mobile and implementing mobile POS (mPOS), resulting in increased conversions and improved customer service.
In this webinar, Greg Buzek from IHL Group will share highlights of the firm’s latest POS study, providing insights for retailers looking to expand their mobile presence. Presenters from MICROS-Retail and Zebra Technologies will join the discussion to share real-world case studies and build the business case for mPOS.
Presentation to the Payments Knowledge Forum, October 2016
Discusses various models of international retail expansion and which need to be supported by global acquiring partners. Also includes discussion on the best models by which acquirers can expand internationally.
"Small is powerful – What’s unique about ecommerce for small and medium businesses?"
When it comes to ecommerce most people think about Amazon and other large online retailers. The small and mid-sized businesses that make up the long tail of ecommerce often get neglected. Moreover, SMBs are often said to be squeezed out of the market by large retailers. There is, however, a significant vibrant and growing community of smaller etailers. ePages, a provider of online shop platforms for SMBs, will share insights about the unique needs and challenges of small retailers.
TNS Changing Times and Trends in Payments Sept 2014TNSIMarketing
Fintan Byrne, Executive Vice President and Managing Director of TNS' Payment Gateway Solutions, presents on the latest trends in the Payments industry to the Payment Knowledge Forum conference in London on 30th September 2014
ChecPOS Retail POS Software is a comprehensive store management system for every aspect of your retail business operations. From simple inventory control to advanced business intelligence , sales operations and staff management, ChecPOS enables you to run your single or multiple location retail chain.
This presentation was delivered in the summer of 2013 at mPOS World in Frankfurt, Germany by Scandit CEO Samuel Mueller. The presentation provides an overview of the changing point-of-sale (POS) landscape, and insights into how mobile barcode scanning and data capture technology enables this transition to mobile point of sale (mPOS).
Risk Beyond Acquiring: Merchant Risk Across FinTechGeo Coelho
In our Vendor Spotlight at MAC 2016, Jose Caldera, IdentityMind VP of Marketing & Product, presented a collection of use cases and examples of how IdentityMind clients are applying our platform for merchant risk, fraud prevention, anti-money laundering, and terrorist financing prevention.
The session provided a great introduction to the benefits of our platform, and we've provided a synopsis of it here for those who missed the session, or were curious for more information.
Mobile, alternative payment methods and cross-border: drivers for your e-comm...Loviit
"Mobile, alternative payment methods and cross-border: drivers for your e-commerce success" - Presentation used by Marcel Vaschauner, CEO and Board Member of Loviit, during his speech at Internet Retailing Expo Birmingham 2016.
Upload Lisboa 2012: Kiruba Shankar Eswaran : Mobile Payments & its convergenc...Upload Lisboa
Tem sido o responsável pelo desenvolvimento do Mobile Money Business da TIMWE, fazendo-o crescer até se tornar no fornecedor global de faturação com o maior número de ligações diretas às Mobile Carriers de todo o mundo. Antes da TIMWE, Kiruba trabalhou para um grande fornecedor de serviços de IT na Índia e nos EUA. Enquanto líder de diversas iniciativas e aplicações, ele ajudou a reduzir custos e a aumentar a produtividade, solucionando os congestionamentos em diversos processos e sistemas para algumas das empresas da Fortune 500. Kiruba tem um bacharelato em Engenharia com especialização em Eletrónica e Comunicação e um MBA com especialização em Marketing e Estratégia.
[HUBFORUM] MIRAKL - MARKETPLACE : ELLES CHANGENT LE MONDEHUB INSTITUTE
SESSION #4 | FACE À L’INNOVATION & LA DISRUPTION : PRIORITÉ À LA TRANSFORMATION
Si la profonde disruption digitale que nous sommes en train de vivre n’est plus un secret pour personne, elle soulève encore de grandes inquiétudes et interroge les entreprises en profondeur. Comment faire face au poids écrasant des géants du digitaux et à l’arrivée d’adversaires redoutables d’agilité comme les startups ? Le management de l’innovation et l’adoption des nouvelles technologies sont les meilleures armes pour les entreprises qui sauront les maitriser. Agilité, expérimentations et innovations doivent rythmer la vie de l’entreprise. Dès aujourd’hui, anticipons et pensons le monde dans lequel les marques vivront demain.
#openinnovation #leanmanagmeent #futureofRH #smartcities #iOt #robots #imprimantes3D
Exploring the next generation mobile payment solutionitnewsafrica
Digital Finance Africa 2022 - https://itnewsafrica.com/event/ hosted by IT News Africa is the definitive annual event on technology leadership in the financial services industry. It asks the hard questions not asked in other conferences and identifies the skills required to steer a course in an age where the entire industry is transforming rapidly. This is a Summit for bold,visionary leaders who are willing to take calculated risks as much as they are willing to consolidate, who know what to give up as much as what they expect to gain.
Tablet POS Broadens Opportunities for Merchant Payments - A VeriFone White PaperVerifone
Tablet-based mobile POS solutions are today's hot topic for merchants that want to showcase the latest technology, while taking advantage of the many benefits tablets vs. traditional cash registers provides.
This WP, designed specifically for resellers, equips you with the knowledge you need to accurately promote the many benefits of an mPOS solution.
What’s Next In Mobile POS: Saving Money And Square Footage With mPOS TechnologyG3 Communications
Mobile payments are expected to top $12 billion in 2012 and more shoppers are using smartphones and tablets for product research and transactions every day. Barney’s and other leading retailers are embracing mobile and implementing mobile POS (mPOS), resulting in increased conversions and improved customer service.
In this webinar, Greg Buzek from IHL Group will share highlights of the firm’s latest POS study, providing insights for retailers looking to expand their mobile presence. Presenters from MICROS-Retail and Zebra Technologies will join the discussion to share real-world case studies and build the business case for mPOS.
Presentation to the Payments Knowledge Forum, October 2016
Discusses various models of international retail expansion and which need to be supported by global acquiring partners. Also includes discussion on the best models by which acquirers can expand internationally.
"Small is powerful – What’s unique about ecommerce for small and medium businesses?"
When it comes to ecommerce most people think about Amazon and other large online retailers. The small and mid-sized businesses that make up the long tail of ecommerce often get neglected. Moreover, SMBs are often said to be squeezed out of the market by large retailers. There is, however, a significant vibrant and growing community of smaller etailers. ePages, a provider of online shop platforms for SMBs, will share insights about the unique needs and challenges of small retailers.
TNS Changing Times and Trends in Payments Sept 2014TNSIMarketing
Fintan Byrne, Executive Vice President and Managing Director of TNS' Payment Gateway Solutions, presents on the latest trends in the Payments industry to the Payment Knowledge Forum conference in London on 30th September 2014
ChecPOS Retail POS Software is a comprehensive store management system for every aspect of your retail business operations. From simple inventory control to advanced business intelligence , sales operations and staff management, ChecPOS enables you to run your single or multiple location retail chain.
This presentation was delivered in the summer of 2013 at mPOS World in Frankfurt, Germany by Scandit CEO Samuel Mueller. The presentation provides an overview of the changing point-of-sale (POS) landscape, and insights into how mobile barcode scanning and data capture technology enables this transition to mobile point of sale (mPOS).
Risk Beyond Acquiring: Merchant Risk Across FinTechGeo Coelho
In our Vendor Spotlight at MAC 2016, Jose Caldera, IdentityMind VP of Marketing & Product, presented a collection of use cases and examples of how IdentityMind clients are applying our platform for merchant risk, fraud prevention, anti-money laundering, and terrorist financing prevention.
The session provided a great introduction to the benefits of our platform, and we've provided a synopsis of it here for those who missed the session, or were curious for more information.
Mobile, alternative payment methods and cross-border: drivers for your e-comm...Loviit
"Mobile, alternative payment methods and cross-border: drivers for your e-commerce success" - Presentation used by Marcel Vaschauner, CEO and Board Member of Loviit, during his speech at Internet Retailing Expo Birmingham 2016.
Upload Lisboa 2012: Kiruba Shankar Eswaran : Mobile Payments & its convergenc...Upload Lisboa
Tem sido o responsável pelo desenvolvimento do Mobile Money Business da TIMWE, fazendo-o crescer até se tornar no fornecedor global de faturação com o maior número de ligações diretas às Mobile Carriers de todo o mundo. Antes da TIMWE, Kiruba trabalhou para um grande fornecedor de serviços de IT na Índia e nos EUA. Enquanto líder de diversas iniciativas e aplicações, ele ajudou a reduzir custos e a aumentar a produtividade, solucionando os congestionamentos em diversos processos e sistemas para algumas das empresas da Fortune 500. Kiruba tem um bacharelato em Engenharia com especialização em Eletrónica e Comunicação e um MBA com especialização em Marketing e Estratégia.
[HUBFORUM] MIRAKL - MARKETPLACE : ELLES CHANGENT LE MONDEHUB INSTITUTE
SESSION #4 | FACE À L’INNOVATION & LA DISRUPTION : PRIORITÉ À LA TRANSFORMATION
Si la profonde disruption digitale que nous sommes en train de vivre n’est plus un secret pour personne, elle soulève encore de grandes inquiétudes et interroge les entreprises en profondeur. Comment faire face au poids écrasant des géants du digitaux et à l’arrivée d’adversaires redoutables d’agilité comme les startups ? Le management de l’innovation et l’adoption des nouvelles technologies sont les meilleures armes pour les entreprises qui sauront les maitriser. Agilité, expérimentations et innovations doivent rythmer la vie de l’entreprise. Dès aujourd’hui, anticipons et pensons le monde dans lequel les marques vivront demain.
#openinnovation #leanmanagmeent #futureofRH #smartcities #iOt #robots #imprimantes3D
Exploring the next generation mobile payment solutionitnewsafrica
Digital Finance Africa 2022 - https://itnewsafrica.com/event/ hosted by IT News Africa is the definitive annual event on technology leadership in the financial services industry. It asks the hard questions not asked in other conferences and identifies the skills required to steer a course in an age where the entire industry is transforming rapidly. This is a Summit for bold,visionary leaders who are willing to take calculated risks as much as they are willing to consolidate, who know what to give up as much as what they expect to gain.
Tablet POS Broadens Opportunities for Merchant Payments - A VeriFone White PaperVerifone
Tablet-based mobile POS solutions are today's hot topic for merchants that want to showcase the latest technology, while taking advantage of the many benefits tablets vs. traditional cash registers provides.
This WP, designed specifically for resellers, equips you with the knowledge you need to accurately promote the many benefits of an mPOS solution.
Alle ontwikkelingen van Rabo Mobiel op het gebied van Mobiel Bankieren, Mobiel Betalen, NFC Betalen, NFC toegang, Mobiel Ticketing op een rijtje.
All developmenet of Rabo Mobiel ie Mobile Banking, Mobile Payments, NFC Payments, NFC access, Mobile Ticketing in 1 summary.
Presentation by Kurt Schmid, Managing Director Digital Payment at Netcetera, at the Swiss Payment Forum, November 2018.
- Where we are coming from?
- Wallets, OEM Pays versus Issuer Pays?
- Proximity and eCommerce payment trends
- The business case and strategic value for issuers?
VeriFone eBook: Mobile Commerce - Challenge or Opportunity?Verifone
The Unstoppable Mobile Revolution - With more than 1 Billion smartphones worldwide, retailers are taking notice of the benefits and opportunities provide by mobile payments. This eBook by VeriFone explores the opportunities of mobile for both retailers and consumers alike.
Paybook Vol. 5 includes stories on Carbon 8, e285, the spread of mPOS, cashless trends in Asia Pacific and our Points app. Follow the conversation on Twitter: @Verifone
SIX Paymit solution - Disruptive Payment Solution for the Swiss market powere...Walter Strametz
SIX Paymit is a payment network provided by SIX. The slide deck shows details of the solution and how long it would take for a bank to integrate the new payment method to their services.
Mobile Payment Forecast: mostly cloudy with intermittent NCF. How mobile and...Peter Guidi
Cloud connectivity and IT developments in the retail POS ecosystem along with the proliferation of 3rd party mobile app providers is accelerating the evolution of the cloud based mobile revolution. Retailers are turning away from traditional legacy payment providers and networks opting instead for direct connections between the POS and the Cloud. POScentric Cloud based mobile services including; location, loyalty and payment are rapidly gaining traction with retailers and consumers. These changes are speeding the availability of new mobile services to consumers and altering economics and level of security of paymentsfor the retailer. The upcoming EMV mandates and recent events regarding NFC vs Cloud based mobile payments highlight the immediacy of these decisions for retailers.
Introduction to Jusp - Presentation by Stefano Calderano, CEO of Jusp at the NOAH 2013 Conference in London, Old Billingsgate on the 13th of November 2013.
How Big Can SumUp Get? - Presentation by Daniel Klein, Co-Founder & CEO of SumUp at the NOAH 2013 Conference in London, Old Billingsgate on the 14th of November 2013.
BaaS-platforms and open APIs in fintech l bank-as-a-service.comVladislav Solodkiy
What is bank-as-a-service? And why it is so necessary for Asia-Pacific region? Download as pdf in English, Chinese, Korean and Japanese on www.bank-as-a-service.com. Read more on http://www.forbes.com/sites/vladislavsolodkiy/2016/08/03/what-asian-banks-can-learn-from-amazon-about-working-for-fintech/
Millennium Soft Tech Launches All-in-one Android POS For Retailers.jusTransact
Millennium Soft-Tech India, a pioneer in delivering innovative Point of Sale (POS) technology products and solutions to the fast-growing retail Industry in India, today launched an array of powerful Android billing solutions under MAGICBOX brand series for retail establishments who can now experience ease of doing business while achieving supreme customer engagement.
Similar to mPOS - Disruption or "Only" Evolution (20)
Millennium Soft Tech Launches All-in-one Android POS For Retailers.
mPOS - Disruption or "Only" Evolution
1. 1
Karl Illing, Product Management, ConCardis
Berlin, 04.11.2015
Conference³
WiWo
mPOS
Disruption or
„Only“ Evolution?
2. 2
About ConCardis
German payment provider for cashles s payments
with international reach
Principal Member of MasterCard and Visa
Acquirer for Diners, JCB, UP, Amex
Payment Institute as per
Zahlungsdiensteaufsichtsgesetz (ZAG)
Headquartered in Eschborn near Frankfurt am Main
400.000
Points of acceptance
331 million
transactions
€ 35 billion
transaction volume
€ 450 million
revenue
2
39 %
Private Banken
39 %
Sparkassen
Finanzgruppe
20 %
Genossenschaftliche
Finanzgruppe
2 %
Öffentliche
Banken
A shared enterprise of the German
banks
Stand 31.12.2014
3. 3
From Acquirer to Payment Service Provider –
30 years of experience
PSP
Service
1982
1997
2003
2004
2009 2012
2013
2014
ConCardis
OptiPay
2015
Commercial
Network
Operator
Acquiring
Acquiring
E-Commerce
POS-Terminals
mPOS
4. 4
What is „mPOS“?
Basic definition of mPOS (mobile Point of Sale)
Merchant-side payment device connected to a smartphone or
tablet
Can vary in
Form factor (Dongle, Bluetooth reader, 2-in-1 device, …)
Platform (iOS, Android, ...)
Software Applications (Payment App only, cash register, …)
Not to be confused with
Mobile Payment in the narrow sense (involving buyer-side
mobile device)
Unterschiedliche mPOS-Formfaktoren
5. 5
10 Mio. $
series B
67 Mio. $
series D
150 Mio. $
series E
The market dynamics are impressive...
Millions are invested in mPOS „start-
ups“…
60 Mio. $
series D
Selected rounds of financing in the last 12 months
… and new players enter the market every
month
Source: PYMNTS.com
6. 6
…European market penetration lags behind
expectations
“46% of overall POS in 2019”
(ABI Research, May 2014)
“mPOS (mobile point of sale) usage by
small businesses (SMEs) in Europe will
take off dramatically in 2014.”
(VISA, May 2014)
High expectations… …and sober reality
Source: First Annapolis
7. 7
Still: mPOS is a global phenomenon
First truly global payment innovation
mPOS players are active throughout the
world
The largest volume can be found outside of
Europe
Registrations in the Mastercard mPOS Program
Top 5 mPOS countries by volume
Source: Mastercard
8. 8
Three target segments for mPOS with very
different characteristics and use cases
Micromerchants SME Enterprise
Revenuepermerchant
Number of merchants (cumulative)
11. 11
ConCardis OptiPay emphasizes maximum
simplicity and transparency
Transparent pricing model
Simple transaction fee
No running costs
No fixed contract duration
Payment app for iOS and Android
Mastercard, VISA, Maestro, VPay and Amex
Contactless payments (including Apple Pay and
Android Pay)
Radically simplifying the proposition „card acceptance“
12. 12
The mPOS „package“ (device and pricing)
as long-tail solution vs traditional terminals
Light and mobile
Not as rigid
Low purchase price
No fixed contract period
Potentially higher transaction
feds
More than one device
(Smartphone/Tablet, Card
Reader, Drucker)
Robust, for heavy use
Limited mobility
High purchase price or rent
Multi-year contract period
Potentially lower transactions
fees
All-in-one
mPOS-TerminalTraditionalTerminal
13. 13
Small businesses in Germany are more
skeptical than elsewhere
Results of an mPOS poll by VISA Europe in 2014
Source: VISA Europe
Likelihood of using
an mPOS solution
Definitely
Probably
Not sure
Probably not
Definitely not
Changing preconceptions (before and
after presenting the solution)
14. 14
Example of a photographer
Photographer
Often on the road
Few, high-value
transactions
15. 15
Example of a market seller
Market seller
Sales in a mobile setting
Only used on certain
days
16. 16
Conclusion – mPOS for micromerchants
mPOS simplifies card acceptance regarding
hardware and pricing
There are clear pros and cons compared to
traditional terminals
Even though German micromerchants are
still relatively sceptical…
…mPOS for the first time renders card
acceptance economically viable for them
Disruptive potential
For merchants: medium
For providers: high
17. 17
To be relevant for larger customers, mPOS
needs to go beyond pure payment
Micromerchants SME Enterprise
UmsatzproHändler
Anzahl Händler
Card
acceptance as
a differentiator
Nice to
have
Should
have
Must
have
19. 19
Orderbird Payment by ConCardis: seamless
card acceptance with the orderbird POS
Card reader connected via BT /
Wifi to iPad / iPod
Fully integrated in the POS
(payment, refunds, invoice)
Integrated payment leads to a
much higher share of orderbird
merchants accepting cards
We showed the first Apple Pay
transaction in Germany using an
integrated payment system
20. 20
mPOS APIs allow seamless integration of
mPOS payment in any application
ConCardis OptiPay SDK
Easy integration in any app
Multi-platform: iOS, Android,
Windows
Integriertes Merchant-Boarding als
Teil des Paketes
mPOS
API / SDK
Payment
Gateway
Your
APP
Integrationspartner
von ConCardis
21. 21
„mPOS“ as a scalable hub for POS services,
backend processes, and business intelligence
In Store
Cloud
APIs
Inventory management
E-Commerce
Loyalty
…
Payment
Mobile POS Devices
SaaS-Server
Additional services
WWW
Shopper-WiFi
22. 22
Conclusion – mPOS for SME
mPOS as stand-alone payment lacks
relevance for SMEs
True value comes from integrated
payment as part of mobile POS systems
Mobile/tablet POS systems such as
orderbird give SMEs access to „big retail“
functionalities, greatly improving
processes and giving a new level of
control over their business
Disruptive potential
High for both merchants and
providers
24. 24
Value added of mPOS terminal stem from
various „small“ use cases
Use cases of mPOS terminals in „Big Retail“:
However, the complete use case (not only the payment part) needs to be
considered
Queue Busting Pop-up Stores
Replacement
Terminal
Assisted
Shopping
Street Sale
25. 25
mPOS as omnichannel enabler – example
of a sports retailer in Denmark
Implementation of the Wallmob
iPad POS
Omnichannel
Seamless integration of POS
and e-commerce
In-store payment – even for
online deliveries
Mobile card acceptance
Queue busting
Street sale
Pop-up shop
Improved shopping experience
Assisted shopping
Quelle: Wallmob
26. 26
Conclusion – mPOS for enterprise
mPOS terminals can add value for large
retailers through various use cases
When implementing mPOS, the end-to-end
customer experience needs to be considered
Holistic implementations can change the way
of doing business, e.g. through omnichannel
commerce
Disruptive potential
Low for stand-alone payment
High for holistic solutions
27. 27
Summary
mPOS market dynamics are high, the volume seems to be lagging
Micromerchants: mPOS makes card acceptance possible for
everyone
Small and medium businesses: It‘s about more than payment –
scalable platforms and „big retail“ functionality
Enterprise: Depeding on the implementation mPOS can add value
on a small level or change the entire business
“There will always be a need for traditional POS solutions
driven by large fixed lane checkout applications, but equally
there will be merchants looking at simpler cost-effective
solutions with added value services.”
(ABI Research, 2014)