[…] Associated to the above based on a current report revealed by PYMNTs, 71 p.c of retailers count on software-based options (SoftPOS) to exchange conventional point-of-sale (POS) terminals. SoftPOS permits retailers to simply accept funds utilizing smartphones or tablets, eliminating the necessity for costly {hardware}. This shift is pushed by the rise in contactless funds and the cost-effectiveness of SoftPOS in comparison with conventional techniques. By 2027, the variety of retailers utilizing SoftPOS is anticipated to extend by 475 p.c remodeling the retail panorama. (Supply: Pymnts) […]