The mobile POS terminals market size was valued at USD 36.07 billion in 2022. It is estimated to expand at a compound annual growth rate CAGR of 11.1% over the forecast period 2023 to 2030.
U.S. Mobile POS Market
For catering merchants, they increasingly want to obtain software, hardware and payment services from the same supplier. The market share of leading POS brands is increasing, which makes the survival space of small and medium-sized ISOs/MSPs more and more squeezed.
Top 5 POS Systems in 2024
Top 5 POS Systems in 2024
Fortunately, the Android hardware device market is very open and the prices are very competitive, and the competition among payment processors is becoming increasingly fierce. Therefore, for small and medium-sized ISOs/MSPs, as long as they find a reliable ISV to provide a competitive POS software and adapt integrate payment gateways and adapt hardware devices, ISOs/MSPs can easily face these changes and provide merchants with end-to-end solutions for software, hardware and payment, firmly locking in merchants or acquire merchants from other POS.
Many ISOs have achieved success with this solution. We have done a case study to analyze how an ISO in Florida helps restaurant merchants switch POS(from other big brand POS). The content of this case study report includes the following:
1. Introduction to the TCO(Total Cost of Ownership) analysis methodology: hardware fee, software fee, services, and payment processing fees.
2. How does this ISO use a free hardware proposal to convince merchants to switch POS?
3. How to reduce the overall cost of SAAS for merchants by 3000USD per month?
4. How does this ISO recover the cost in 3 months?
5….
If you are interested in the detailed information in this case study report, please contact me to get the report for no cost.