Disrupting the traditional cash register

Disrupting the traditional cash register

Disrupting the traditional cash register

The point-of-sale industry is undergoing its next wave of transformation

Like the PC industry, the traditional bricks and mortar – POS sector – is about to see a major change in how businesses are interacting with technology.

The average point-of-sale (POS) system is expensive and costly to maintain, inconvenient to set up and manage, and not connected to the Internet.

Despite the fact that these types of transactions occur million of times every day, the last significant shift occurred in the 1950s when credit cards and terminals entered the scene.

Now, the point-of-sale industry is undergoing its next wave of transformation as higher rates of mobile penetration and the growth of e-commerce and digital payments set the scene for a mobile-centric, cloud-connected overhaul.

Disrupting the traditional cash register

Disrupting the traditional cash register - Ipad

The best part for the point-of-sale businesses: Tablets are a lot cheaper than traditional POS systems.

POS also like smartphones and tablets because they take up less floor space than registers and free up cashiers to help customers instead of being tethered to one spot.

Disrupting will continue

The disruption is not going to stop here – the speed of adoption of new technologies is increasing:  What is next? How to disrupt your industry? Top 5+ disruptive change questions.

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Disrupting the traditional cash register — http://www.torbenrick.eu/t/r/uki

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About The Author

Torben Rick

Experienced senior executive, both at a strategic and operational level, with strong track record in developing, driving and managing business improvement, development and change management. International experience from management positions in Denmark, Germany and Switzerland.

Blog Comments

Nice post & slide to see POS sector with a major change in how businesses are interacting with technology. I recently replaced my traditional cash register with the help of Discount Till Rolls Ltd. Hope this must meet my business with a golden age.

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