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Whether businesses are on the road or staff are simply moving about in-store, mobile point of sale systems (mPOS systems) are becoming an increasingly popular POS option for small businesses. In fact, mPOS systems are gradually gaining market share from the fixed cash-register-style POS market.
There are a wide variety of digital payment types, such as mobile POS systems, contactless payments, and digital wallets. A consumer may use their physical credit card, for example, but if the point of sale system is digital — such as a mobile device instead of an analog cash register — this would be considered a digital payment.
Benefits of using a payment gateway include a simplified purchasing experience for customers, increased operationalefficiency, and PCI compliance. These may include credit cards, debit cards, eChecks, and digital wallets (like Google Pay, Apple Pay, Amazon Pay, PayPal, Venmo, etc.).
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