Pos technology has influenced the retail industry wide since its debut at the age of 70. Before modern mail, transactions were manual, cash and tangible. With the advent of technology, however, Pos changed the way of doing business retailers and how consumers buy.
Although the first POS was aimed at processing cash payments in a clean and traceable way, it quickly evolved to facilitate credit and debit card transactions. And now? Possems can do much more than just processing payment. They turned into mini command centers for business management!
So what are the latest trends in position systems? Below I analyze the post of retail trends of 2024, which affect the industry now and the future.
Cloud
Business switched to most cloud solutions-and it included POS. The cloud is becoming more and more becoming the standard and replacing the traditional terminal at the point of sale in the old Sukool, which makes it difficult to access and manage data.
According to Straits Research, the global cloud Pos market size was $ 3.987 million in 2022, and by 2031 it is assumed that by 2031 more than 30.205 million – the composed annual growth rate (Cagr) of 24.7% .
Cloud POS is an important point of dirty innovations because it has made data, dexterity and mobile phone available for business. Especially in a world where retail is not a single channel channel, POS technology cloud allows businesses to synchronize data and run the operation of their business size or rental.
The retailer with 100 physical rentals, its own website and the prosperous presence of Amazon can benefit from the cloud strength as a small shop with mothers and pop, which manages a single retail rental plus online channels.
You are no longer attached to a specific location or hardwire connection with Cloud POS technology. You can access your business technology from anywhere, anytime.
AI and automation
AI and automation also change virtually every aspect of the business landscape. I bet there are ways of using these technologies that you don’t realize!
The trend also has an impact on Pos – and in a good way. 100% of retail retail owners of Square Future of Retail Report claim that automation has somehow improved its business.
This survivor has found that monitoring is the highest area of automation for 43% of businesses and the biggest advantage is improved customer experience for 47% of businesses. Another 45% have improved and profitability thanks to automation.
What role does AI play in modern possession systems?
In terms of POS technology, AI and automation in the tone of potential use:
- Automated re -evaluation for inventory
- Detection and prevention of fraud
- Ai-Powed Price Adjustment
- Loyalty and rewards of programs
- E -mail marketing
Square reports say they would support the automation of the retailers:
- Cash register: 31%
- Finding products: 22%
- Product descriptions generated by AI: 22%
- Dynamic prices: 21%
- Product Recommendation: 18%
- Product Review: 15%
The possibilities seem to be really endless. I am excited to see this trend play and develop with an innovative sales system every year.
Payment options
Today’s consumers like comfort and possibilities. And this applies to payments made at the POS terminal. I remember when it was just a world of cash or loan – now customers can decide to pay for their purchases at Mary Ways.
According to Square, there is how it decomposes in terms of payment methods that retailers accept:
- Cash: 58%
- Mobile Wallets Application like Apple Pay or Google Pay: 57%
- Code Payments QR: 52%
- Card Traditional Payments: 47%
- Payments without touch card: 44%
- Buy-NOW, Pay-Luer (BNPL) as Clearpay options: 43%
Technology of reinforcement is in a way that seeks these constantly changing payment preferences. Modern POS trends in fact show that platforms included new features and features for processing various payment methods and offers such as subscriptions, cryptocurrencies, saved payments, account distribution and gift cards.
Mobile Pos
Mobile POS, Gold MPos, is another hot trend. According to the statist, it is estimated that the global MPOS market is worth approximately $ 3.78 trillion. More than 2 billion MPO users are expected by 2028. Almost a quarter of shoppers want to use mobile cash register options.
Why is this trendy? Like consumers, they are more mobile, as well as collaborators. Now they can meet colleagues with shoppers where they are on the sales floor and process the transaction on the spot. Customers do not have to wait in the queue for the post of terminal – they can look at anywhere.
However, this also expands past transactions. They facilitate retail workers to perform various tasks such as barcode scanning, number of inventories, etc.
Self -service customers
Self-Checkout is another trend in retail, and although it originally produced its brand in grocery stores, this trend is exploring other verticals. This is mainly the consumer future of retail retail with the square that two -thirds of shoppers prefer tasks independently, such as logging out or finding out whether the product is in stock.
Consumers are increasingly feeling emphasized to do things separately, which affected the future of POS.
When asked what tasks they would like to play with the help of technology, unlike a live employee, respondents said:
- Checking the product inventory: 29%
- Ordering products outside warehouses: 26%
- Collection of Product Information: 26%
- Picking up the item ordered online: 24%
- Mobile Mobile Cashier or at the Store: 24%
- Home delivery arrangement: 23%
Why? They love efficiency and comfort that they are able to do things themselves. “Customers are looking for speed,” writes Bob Phibbs, a retail doctor. Self-Checkout can provide this efficiency.
These consumer preferences continue to affect market trends in the sale of points.
Biometric safety
Security should be the highest candidate for companies – to protect themselves and their customers. Power technology often comes with security to ensure all parts of ILD. Compliance with PCI, data encryption and two -factor verification are just a few examples.
However, one of the safety trends that will affect POS technology in 2025 and beyond is biometric safety features. This included things such as identifying fingerprints and facial recognition.
Biometric payments are experiencing an increase in growth, while juniper research predicts Cagr 113.6% from 2024 to 2028. Some even expect to become norm in the next decade.
Businesses are increasingly implementing these safety measures on their Posters. This can be for employed or administrators who register for clutter and verification for customer payments.
And not only biometric authentication helps to increase security, but also increases more efficient login and connection. And remember, shoppers love efficiency and comfort.
7 best attempts to try in 2025
These are our tips for the best not provided for small businesses that want to use trends in the thesis:
- The best overall sales system of small enterprises: Square
- Best POS for retail and electronic trade: Shopify
- Best Restaurant POS: Toast
- Best for desktop compatibility: Retail
- Best iPad Restaurant POS: Touchbistro
- Best for compatibility of the universal processor processor: Clover
- Best for high -risk businesses: Corona