mPOS is supposed to improve customer engagement and increase labor productivity. But the top challenges merchants face with mPOS are the need for an effective training program and a delayed return of investment. The mPOS Tracker for September voices merchants’ concerns, highlights their challenges and features provider solutions.
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The mPOS Tracker™ is an organizing framework for evaluating players in the mobile point of sale (mPOS) sector. The monthly mPOS Tracker™ is the best attempt to give the payments space a “playbook” on the mPOS ecosystem and how it is evolving.
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- We added 5 new players to the mPOS Tracker family: Barclaycard, ePaisa, iKhokha, SmartPesa, and SoftPay Mobile International.
- We updated 10 existing players: Apriva, Ezetap, Mahindra Comviva, Monet, PayPal, Revel Systems, Spire Payments, Square, Swish Payments, and TouchBistro
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This month we profile iZettle, the Swedish startup that’s compared to Square, which announced its first big step past payments processing with the launch of iZettle Advance. Its new lending platform helps micro merchants/SMBs who use iZettle to access capital as an advance on future card sales to boost their growth.
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