SoftPOS versus traditional POS: performance, costs, limitations

Vadim Smatrayeu, VP of Fintech Services at IBA Group, contributed an expert article to The Green Sheet on how payments are evolving from traditional POS terminals to SoftPOS.

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He explains why turning a smartphone into a payment terminal is a logical next step in this evolution, lowering the cost of acceptance and making card payments viable for micro‑merchants, couriers and other mobile businesses. The article also looks at how SoftPOS can be embedded into everyday business workflows – from mobile insurance payouts to industry‑specific and delivery apps – and how it helps merchants gain better insight into their transactions and build effective loyalty programs.

Read the full article “SoftPOS versus traditional POS: performance, costs, limitations” on The Green Sheet.

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    Rabita Business

    Bank: Rabitəbank
    Country: Azerbaijan

    Mobil POS

    Bank: Bank Respublika
    Country: Azerbaijan