Understanding the flexibility of SmartPOS

SmartPOS devices have been around for a while, but what they can do has changed considerably. They're now a viable option for larger retail environments, offering businesses more flexibility in how they use their payment devices.

Fill out the short form and download our guide to learn what a smart device can do, and the new flexibility it offers.

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What is SmartPOS?

SmartPOS is a smart point-of-sale device that runs on an open operating system, such as Android, rather than closed payment firmware. As well as accepting payments, it can run apps for services such as loyalty programs and connect over the internet to business systems like inventory management and reporting tools.

Unlike SoftPOS, where software alone turns a standard smartphone or tablet into a payment terminal, SmartPOS is built on dedicated payment hardware.

SmartPOS vs traditional payment terminals

There has been a democratisation of development in the SmartPOS world. The smart payment terminal is no longer something that’s locked down to the hardware provider. Merchants can now install their own apps on their devices.

The biggest difference between traditional and smart terminals is that the system is now unlocked. There is much more flexibility, whereas the traditional payment terminal remains a locked garden.

SmartPOS has a place at the small-business checkout, but it can handle larger payment estates too. It’s now a viable alternative to traditional payment devices across retail, and fuel and mobility.

And there’s more to it than taking payments. With SmartPOS, the payment device can become a useful part of a merchant’s wider offering, running apps and supporting services that add value to the customer experience.

For in-person payments, this means terminals can run a merchant’s own apps and connect to the business systems they already use, making payments part of their wider setup.