Point of Sale (POS) is a backbone of modern payment systems. Every day, around the world, billions of transactions run through POS as consumers pay for goods and services. However, millions of micro, small and medium-sized businesses globally cannot accept electronic payments. SoftPOS is opening doors for these businesses to receive payments, promoting payment processing democratisation.
Over the years, POS has grown into a sophisticated system which oils the wheels of commerce by ensuring that consumers can pay merchants seamlessly and integrate with other business systems such as customer relationship management (CRM), employee scheduling, order processing, accounting, or inventory software.
Kwami Ahiabenu, II (Ph.D.) is a Tech Innovations Consultant
Soft POS versus Traditional POS
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