Disruptions are a norm with all things rooted in technology. Some of these disruptions get reduced to mere vogues, while others get established as trends. Point of sales is no different – technology is in its DNA.

And when technology evolves, Point of Sale trends emerge, retransforming the POS landscape and shaking up hospitality and retail spaces at unprecedented levels.

“What’s the latest to shake things up,” ask the interested—the retailers, the restaurateurs and the POS technology enthusiasts.

We answer the call, we cover it all – here are the 4 trends to watch out for in the POS landscape:

Industry Consolidation is the New Norm

It all started in 2014. Midwest Hospitality Solution acquired a well-established in-the-cloud POS solution. First Data then acquired Gyft. Oracle followed up with the acquisition of MICROS, and since then mergers and acquisitions in the POS space have gradually increased. As the POS market reaches maturity, industry consolidation can be expected to become even more mainstream.

POS Systems Being Redesigned to Include Features that Allow Personalized Marketing Campaigns

Customer management tools are increasingly being integrated with newly designed POS solutions. This is allowing retailers and those operating in hospitality sector to gain insight into what their respective customers like, what are their preferences and what payment methods they use to make purchases. The acquired data can then be leveraged to create personalized marketing campaigns for individual customers.

POS Systems are Adopting Cloud Based Models

Cloud-based POS systems have started replacing the traditional server based POS systems. Although, still seen as a burgeoning development, the benefits that come with cloud-based POS systems are sure to propel their deployment in the retailing and hospitality sector.

Mobile POS Systems Are Set to Replace Countertop POS Solutions

Only partially as of now, but in the near future, mobile POS systems are expected to replace countertop POS solutions at large. Customers visiting a restaurant already prefer paying from the comfort of their seats, but even the customers visiting a retail space don’t want to line up in queues anymore—they believe tablet checkouts offers the ultimate convenience.

The POS Landscape and the payment industry in general, is experiencing some exciting times and being introduced to welcome changes. Businesses operating in the retail sector and hospitality industry are ensuing adaptation to stay in the loop and most importantly stay relevant.

What’s your stance?

Bridge POS Helping Businesses Remain Abreast

Looking for POS solutions that can help you keep abreast of all the technological advancements? Bridge POS can help. We provide technology abreast POS systems for small businesses, exclusively designed to cater individual needs of retailing and hospitality sector. Our range of products include but not limited to: point of sale system for restaurants, grocery store POS system, POS system for nursery and garden, pharmacy POS and fuel retail POS solutions. Contact us for a quote.