The Evolution of Payments: How EPOS Systems Are Changing for Retailers

By:
Jonathan Cranford
October 24, 2024

The payment landscape is evolving at a rapid pace, and for medium-sized retailers, this means new opportunities to improve customer experience and streamline operations. One company leading the charge in this space is our payments provider Adyen, whose omni-channel strategy is transforming the way retailers handle payments. By integrating in-store, online, and mobile transactions, Adyen provides a seamless experience for customers while giving retailers better control over their sales channels. With almost 500,000 terminals in the field, Adyen’s unified commerce model allows merchants to process transactions across multiple platforms.

 

For retailers, this shift in payment technology brings substantial benefits. One of the most significant is reduced transaction times. With customers increasingly expecting fast and efficient service, having an integrated payment system like MYPOS Connect with Adyen for platforms ensures that payments are processed quickly, whether in-store or online. This not only improves customer satisfaction but also helps retailers reduce queues and process higher volumes of sales, which is crucial in competitive markets. Furthermore, this gives us the ability to unify transactions across different platforms and provide retailers with detailed insights into customer behaviour.

 

Another key advantage is the improved customer experience that comes with this new payment technology. Adyen’s omni-channel approach allows customers to shop in whichever way suits them best, with consistent payment methods whether they are shopping online, in-store, or via mobile. This level of convenience leads to higher customer retention and loyalty, as buyers enjoy a frictionless shopping experience across every touchpoint. By integrating PayPal’s Fastlane checkout, Adyen is further enhancing this convenience, offering faster, more secure payment options.

 

To fully leverage these advancements, retailers should consider using integrated solution MYPOS Connect. With its built-in integration capabilities, MYPOS Connect allows businesses to seamlessly connect their point-of-sale systems with payment processors, eliminating the

No items found.