Thursday, September 10, 2015

Handheld POS devices set to revolutionize retail sector

With Indian retail sector setting its mark at Rs one trillion and above by 2020 making it the fastest growing developing market across the globe, one of the factors which contributes for its significant growth is undoubtedly the technological advancement in Point of Sale and its applications for various retail processes.

Shopping experience has undergone a sea change for good across the cities and towns in India as high-style stories, super and hyper markets and swanky departmental stories have improvised customer handling processes with the help of the latest POS technology. Today, the customers can be reached anywhere and anytime, thanks to a flurry of several branded mobile (hand held) POS devices.

According to a survey, the global handheld POS market is expected to witness a significant growth due to increased mobility and user experience. Flexible payment procedures and need for modernization in restaurants, healthcare, retail sectors and supply chain segments will further fuel the growth of handheld POS market, a market research report by Grand View Research, said.

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