The world of payment is in constant evolution, but we’re always a step ahead. Today we’re already working on solutions for the day after tomorrow. We’re happy to share the most interesting trends with you in our Payment Insights.
Simple and effective payment solutions for saving the revenue at the Point of Sale.
In the first episode of the Payment Insights podcast, Henning Brandt and POS expert Moritz Baer talk about a new generation of terminals at the point of sale.
The classic Point of Sale (POS) functions, according to an almost archaic principle, derived from a time when cash payers were practically the only payment persona and the shop had a virtually unchallenged existence as a ‘consumer temple’.
The reinterpretation of the Point of Sale transforms it from a pure goods transfer point to a showroom. The retailer puts the experience at the center of attention, today more than ever before.
22 vs. 11
faster. That is how quick customers pay with their mobile phone at the POS, compared to the traditional cash payment, if they use bimetrical authentication on their phones.
China is increasingly losing its reputation as a copycat stronghold. Information on all products is available on the mobile phone, everything can be ordered via app, payment is made via Alipay and a robot-waiter serves you.
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A real opportunity for large, small, stationary and digital shops.
And a very real challenge for the payment infrastructure.
anywhere, anytime, without having to reenter credit card details? The discerning instant shopper says: "I’m happy. Can't wait to do it again".
“Mobile first” doesn't apply to all payment methods – the proportion of smartphones in all methods is less than 10%.
is the average shopping cart value for smartphone purchases in the retail sector. Significantly lower than the shopping cart value on a desktop (€ 143.69) or tablet (€ 142.07).