Many older brick and mortar chains are still using POS systems that are outdated and costly as compared to newer, state-of-the-art POS technology, according to VentureBeat. Because of this, payments startup Zing released a new POS platform “presented as a way to ditch clunk, old desktop computers in favor of tablets.”
Using Zing’s monthly service, businesses can customize their POS interface look, take advantage of automatic updates and bug fixes, and integrate the POS to a company’s website to facilitate online ordering, according to the article.
“We see a lot of customers running old POS systems that cost $10,000 or more to install, and [these] can’t do much more than run payments from a single machine,” Zing CEO and cofounder Nate Stewart told VentureBeat. “Of course, those retail chains can still do things like online ordering or setting up a mobile POS, but they have to pay more to plug it into an additive [third-party] service. Zing wants to do everything via built-in integrations.”
He added that many businesses tend to see changing POS systems as difficult and costly. In addition, some newer businesses that have gone with Square’s solution “now find it impossible to scale” as the company continues to expand, he said.
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