January 2018 POS Industry News

January 2018 – POS Industry News

Quite a bit of POS industry news coming out of January 2018.  Hope you had a great start to the new year. Enjoy the read!

POS Industry News, Part 1

Forever 21 Says PoS Systems Exposed Customer Data for 8 Months


Fashion retailer Forever 21 confirmed a breach made public in November resulted in the theft of credit card data belonging to an undisclosed number of customers. The company had stated that a lack of encryption used on some of its point-of-sales payment terminals could of resulted in unauthorized …

Forever 21’s POS system was breached for months, exposing customer credit card details – TechSpot

Forever 21 Suffered 7-Month POS Malware Attack – BankInfoSecurity.com

If you recently shopped at Forever 21, your credit card may have been stolen – TechRepublic

Full Coverage

Delhi Food Minister finds deficiencies in FPS e-POS systems at Burari

United News of India

New Delhi, Jan 3 (UNI) Delhi Food and Civil Supplies Minister Imran Hussain on Wednesday found deficiencies in Fair Price Shops e-POS systems at … duty after deficiencies were noticed during surprise inspections by him to check the efficacy of functioning of e Point of Sale (e PoS) devices installed …

Prepare Your Business For Family Day – Update Your POS System

Sustainable Business Forum

Around this time of year, large groups of people meet to reunite with family members over a nice meal or a day of shopping, coming together on a day specifically set aside to demonstrate a profound appreciation for family values. With this in mind, business owners and restauranteurs across the nation …

Point-of-sale (PoS) Systems Market increasing demand with Leading key players | Sharp, Toshiba …

Newsient (blog)

HTF MI comprehensive and detailed 112-page research study on Global Point-of-sale (PoS) Systems provides a significantly expanded scope with deeply analyzed conclusions and content that includes an industry relevant database of major existing Point-of-sale (PoS) Systems manufacturers/players …

Global Point-of-sale (PoS) Systems Market 2021 Vendors, Drivers, Challenges and Opportunities … – satPRnews (press release)

Global Retail Point-of-Sale Terminals Market 2017 – Cisco Systems, Hewlett-Packard, NCR … – Yоur Nіskаyunа

Full Coverage

Clerk’s office unfazed by glitch in system

News- Graphic

“We had made the executive decision years ago to use a third party vendor to provide our Point of Sale (POS) system. When the new system launched and did not work like it was supposed to on Tuesday morning, we were still able to use our old system to make transactions.” Johnson explained.

4 Ways “Free” Point of Sale is Not Free

Business 2 Community

If you are looking into upgrading your point of sale system, you have probably come across multiple offers, especially over the internet, for “free” POS systems. Before you sign the contract, take some time to fully understand what associated costs come with that “free” POS and understand your …

How to Choose the Right Point of Sale System For Your Full-Service Restaurant

Modern Restaurant Management

Your restaurant’s Point of Sale (POS) system is the backbone of your business. This technology records every sale, controlling your revenue and saving the data you need to calculate return on investment (ROI). It saves all the important data associated with these transactions, such as highlighting your …

POS Systems in the UK


Business activity in the United Kingdom enjoys a significant boost in Q4 of every year. Holiday shopping features prominently on the list of to-do items, and this is good news for UK small and medium enterprises. The increasing adoption of technology to manage financial transactions is evident in the …

The Future of Payments: Which Game Changing Technologies Will Affect the Retail Industry


Well before current advancements in electronics, mobile technology and the internet, point of sale systems have existed in some form. The early days of cash boxes and microprocessor-controlled cash registers evolved to barcodes,mobile payments, and cloud-based POS technology. The evolution of …

POS Industry News, Part 2

12 Reasons every retail business should use an ePOS

Business MattersBusiness Matters

Brick and mortar shops have traditionally used conventional POS systems to facilitate the checkout process, collect payment from the customer, and log/print relevant receipt data. However, a recent wave of electronic Point-of-Sale (ePOS) systems has set a new standard for sales process management, …

Why ‘have a safe trip’ has an even greater meaning in the digital age

CIT Magazine

Over the past year, compromises of payment card data from point-of-sale (POS) systems, network intrusions against third-party suppliers, and cyber espionage campaigns against visitors using hotel Wi-Fi networks have plagued the travel and hospitality industries. In the spirit of ‘forewarned is forearmed …

Toshiba Tec Showcases Digital Signage Solutions at NRF 2018 Retail’s Big Show

Business Wire (press release)

As the global market share leader in point-of-sale (POS) systems, Toshiba Tec is well-positioned to deliver state-of-the-art digital signage solutions to worldwide customers via its group company, Toshiba Global Commerce Solutions. Toshiba’s digital signage is currently in use within diverse retail …

Epson Introduces OmniLink Multifunction POS Printer and Engages Visitors with In-Store Experience

PR Newswire (press release)

Using their mobile devices or traditional POS, they can scan and check out their items and print receipts in real time with Epson’s new hybrid multifunction receipt printer. Diebold Nixdorf — a kiosk, POS Systems and ATM provider, will be showing how it leverages Epson’s TM-L90 Plus-i LFC KDS …

Epson Introduces OmniLink Multifunction POS Printer and Engages Visitors with In-Store Experience – The Daily Telescope

Full Coverage

How are mobile POS systems boosting sales in retail stores?

Flux Magazine (press release)

Mobile POS systems are delivering a positive return for retailers – especially during busy periods. They ensure people can quickly and easily pay for their goods when footfall is high. It reduces the likelihood of customers becoming disgruntled and leaving the store without buying anything, improving the …

7 Retail POS Software Features to Streamline Your Small Business in 2018

Business 2 Community

Point of Sale systems has been a staple of businesses for a number of years allowing cashiers to zip customers through the checkout line with speed and accuracy. They also serve up benefits to the businesses themselves since employers and managers are able to better keep track of inventory while …

POS Industry News, Part 3

Wireless POS Terminal Market Worth 13.00 Billion USD by 2023

PR Newswire (press release)

Wireless POS terminals are largely used in the sports and entertainment industry. In this sector, wireless POS systems are deployed in casinos, movie theatres, theme parks, museums, and sports arenas. The deployment of these solutions assures flexibility and transparency in the entertainment …

Global Grocery POS Systems Market 2017 Top Players: COMCASH, pcAmerica, Retail …

Silver Pinyon Journal

MarketNReports from its Database gives research study on “Grocery POS Systems market” reports. It offers the comparative assesment of Grocery POS Systems market and consist of Historcal data, Significance, statistical data, size & share, Market Price & Demand, Bussiness overview, Market Analysis …

Technological innovations in Point-Of-Sale systems

Business MattersBusiness Matters

For the restaurant industry, point-of-sale systems are particularly useful. Given that there are high levels of debit card, credit card and cash charges flowing through the system at any given time, it’s important to have a highly effective system managing this activity. Every single penny that passes through a …

Tech Tools for Remote Restaurant Management

Marlin Finance Media Room

Restaurant operators on the go are turning to smartphone and tablet apps, cloud-based software and other convenient technology tools to improve operating performance and make their lives easier. New point-of-sale (POS) systems improve the dining experience for consumers and help restaurant …

Tablet Pos Systems 2018 Global Market Key Players – PayPal, IZettle, VeriFone Inc, Adyen …

Industry Today (press release)

Based on the Tablet Pos Systems industrial chain, this report mainly elaborate the definition, types, applications and major players of Tablet Pos Systems market in details. Deep analysis about market status (2012-2017), enterprise competition pattern, advantages and disadvantages of enterprise …

Global Point-of-sale (PoS) Systems Market 2017 – VeriFone Systems, Ingenico Group, Epson, Casio

Game 360 (blog)

The report highlights a clear idea for the readers about entire market scenario to decide on this project further in the market. The global Point-of-sale (PoS) Systems market has been accountedon the basis of types for the shares of the largest market in previous years, which are supposed to continue …

Does the ‘cloud’ have a tipping point for QSR operators?

QSRweb.com (blog)

This is the tipping point today when it is economically advantageous for POS providers to create cloud POS systems that now not only offer price-points comparable to, or below those for client-server solutions. We all win now because now we can offer a cloud product at a significant cost reduction …

The current and future landscape of smart dining


When POS systems first hit the restaurant scene, they were massive (often running on a giant desktop computer) and prohibitively expensive, but they changed everything. Now, mPOS systems, or mobile point-of-sale systems, are starting to make their mark in chain restaurants and major cities.

POS industry news for January 2018 brought to you by QUORiON Data Systems, a POS system manufacturer. Content is collected from various sources around the Web.

Free Point of Sale

4 Ways Free Point of Sale is Not Free

Everyone enjoys a good bargain, but business owners know there is usually a catch involved. If you are looking into upgrading your point of sale system, you have probably come across multiple offers, especially over the internet, for “free” POS systems. Before you sign the contract, take some time to fully understand what associated costs come with that free point of sale and understand your obligations with the agreement.

Business owners are constantly juggling tasks, leaving little time, energy, or money for much else. Getting roped into an agreement for a free point of sale that comes with fees and charges could hurt a business financially. It is crucial for an owner to read the fine print and get acquainted with what costs are put forth by the payment processing agreement.

Here are four costs to look out for with free point of sale agreements:

1. System Components that Are Not Free:

Make sure you look at what exactly you are getting for free. You could be asked to buy hardware and then get the cloud-based app software for free. Of you could be asked to sign an agreement where you pay for the software, payment processing, support, and service but you get the POS hardware for free. Look at what it includes and make sure you are getting everything you need for your budget. If you are not careful, you may have to purchase additional software with the functionality that your business requires after the fact. Educating yourself on the whole costs that are associated with the various offers will help you in the end to have a clear picture of what your contract will include.

2. Cancellation Fees:

Cancellation fees are another cost that is absolutely necessary to look into when you’re researching a free point of sale option. Say for instance your business needs to grow, you want to add a new location, or your business is closing and the free point of sale does not meet your needs any longer, you may have to cancel it. It is important to know whether there are penalties associated with canceling.

3. Processing Limits and Account Holds:

A good thing to look for in a company that is offering a “free” POS is if they verify credit histories prior to the account approval. If they do not, find out how they handle fraud. A company may have processing limits, put holds on funds after certain amounts for a period of time, or deny a transaction once you have reached your processing limit.

4. Service and System Downtime:

Good technical repair and service is hard to find, especially at any given moment when anything can go wrong. If a POS system needs servicing or goes down, know what service is included and if it will cost extra. When purchasing hardware and dealing with a company that provides an app through the internet, support and service could be two totally different things than what perhaps a local POS reseller may provide. Since service and support are so important, especially to a busy business owner, it is important to know exactly how much of that is included and what else will go out of pocket. If the support and service is limited, it is worth calculating what any period of downtime would cost and how long your business could go with all systems down.

Never let price dictate the POS system that you choose for your business. Don’t let claims of “free” POS lure you into costing your business more time, money, and energy than spending a little more upfront for an overall better deal. Although creating efficiency and processing payments are the big takeaways with POS systems, having the right support and service can ultimately save you money and headache. Finding a system that provides inventory control, scheduling, and loss prevention may be worth the extra bucks than limiting yourself to a “free” POS just to save money.

Also, it doesn’t hurt to look into working with an experienced POS reseller to find the best system for your individual business needs and within your budget. Affordable options are out there, especially ones that deliver on functionality to effectively manage your business. The real bargain is getting everything you need for your price range.

Originally published by Nicole Bryan, January 12th, 2018.

Read more at https://www.business2community.com/small-business/4-ways-free-point-sale-not-free-01985043

Merry Christmas from QUORiON

Merry Christmas and a Happy New Year

Dear Partners,

Christmas is coming and an eventful year is drawing to a close.

Meeting is a start. Unity is progress. Cooperation is success.

With this in mind, we would like to thank you for the trustworthy and pleasant cooperation in the preceding year.
We wish you, your employees and families a peaceful Christmas and for the new year
health, happiness and success.


Your QUORiON team