PayPal Poked at Goldman Sachs

by Karen Webster

The Goldman Sachs technology conference last week in San Fran sure did stir the pot around PayPal and its Point of Sale ambitions. The centerpiece of this criticism is PayPal’s earlier in the year public announcement of its physical point of sale trials with Home Depot, the specifics of which questioned its inability to scale, business model, and security risk.

Seems like a sure sign to me that PayPal is making the traditional players a little nervous.



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Source:  Pymnts.com

Retailers turn to large-format print and QR codes to replace in-store shopping

Printed shop windows have replaced the in-store experience via a clever combination of inkjet decals and QR codes at national chain Sportsgirl.

Point-of-sale supplier Active Display Group has praised its "trailblazing" client for the clever use of QR codes in inkjet printed decals to create Australia's first "window shop".


The retailer enlisted Active Display Group to print and install the decals, which feature images of its clothing products, each with a unique QR code so passing shoppers can scan the code with their smartphones and order clothes online.

According to Sportsgirl: "This brand-new concept will take the form of a shoppable window version of the Sportsgirl website, using their now established QR code system to shop from your mobile or iPad, providing a 24-hour interactive shopping experience from windows that will be updated weekly."

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Source:  ProPrint

Miku Restaurant Gets a Point of Sale Makeover with Squirrel Professional Software ... Mobile Point of Sale for Restaurants, on iPodTouch and iPhone devices.

As we’ve already seen, Point of Sale for the restaurant industry is ready for a makeover, and applications for mobile devices, including Apple’s iPad, iPhone, and iPod touch, are the hottest trend.

Just recently, Miku Restaurant, an establishment well known in Vancouver, Canada for its fine Japanese dining, implemented Squirrel Systems for the Apple iPad as their new point of sale.

Seigo Nakamura, owner and executive chef of the 60 year old family restaurant business, decided to venture out of Japan and open an international branch in Vancouver in 2008.  The restaurant was a great fit for the health-conscious, multicultural city, and is famous for its authentic Japanese cooking and its beautiful design.  Seigo obviously cares about providing a beautiful and pleasurable dining experience, saying, “I don’t just want a business, but want to create a culture and a community.”  It makes sense that he would be eager to implement a sleek new point of sale to further improve that experience.

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Source: Point of Sale News

2012: The Era of Mobility for POS Systems

While standard point-of-sale (POS) systems, add-ons and upgrades are still available, the main focus on new technology for restaurants and retailers in 2012 is all about going mobile. Before this, businesses in the hospitality industry had to depend on purchasing or leasing expensive terminals for processing credit and debit cards from merchant services providers . Not only do these businesses have to pay for the equipment, but they are also responsible for paying a fee each time a card is processed. However, technology is beginning to catch up to the demands and needs of this industry with new offerings that are poised to make traditional POS systems and the way credit cards are processed obsolete.

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Source: Self-Employed Cafe