4 ms·
Uhh, not so sure about “only a few big POS providers”. I mean there are a few bigger ones but the long tail is looong (go search for “best pos” or similar and s
by joshstrange 2y ago
Uhh, not so sure about “only a few big POS providers”. I mean there are a few bigger ones but the long tail is looong (go search for “best pos” or similar and see the list of names). Not to mention every larger company is using something in-house or white labeled from a company you’ve probably not heard of.
So sure, there are a few bigger providers but a lot of POS systems (not all) are in it for the CC fees (they want a cut) which means they work closely with MC/Visa/etc, how do you think the existing CC companies will respond to a POS working to help dethrone them? And what’s in it for the POS company?