Events & Resources

Learning Center
Read through guides, explore resource hubs, and sample our coverage.
Learn More
Events
Register for an upcoming webinar and track which industry events our analysts attend.
Learn More
Podcasts
Listen to our podcast, Behind the Numbers for the latest news and insights.
Learn More

About

Our Story
Learn more about our mission and how EMARKETER came to be.
Learn More
Our Clients
Key decision-makers share why they find EMARKETER so critical.
Learn More
Our People
Take a look into our corporate culture and view our open roles.
Join the Team
Our Methodology
Rigorous proprietary data vetting strips biases and produces superior insights.
Learn More
Newsroom
See our latest press releases, news articles or download our press kit.
Learn More
Contact Us
Speak to a member of our team to learn more about EMARKETER.
Contact Us

Global Payments turns to modular POS to rev hardware sales

The news: Global Payments released a modular, countertop point-of-sale (POS) platform for Genius to serve merchants of all sizes, per a press release.

The platform can run as a countertop device, customer-facing display or kiosk, or a wall mount.

This launch follows Global Payments’ June rollout of Genius retail POS solution.

Zooming out: Payment providers have felt pain as consumers react to looming economic uncertainty, driving down sales across all products.

Competition within the industry has been fierce, as each player has been looking to lead on POS software to get ahead. Ongoing industry consolidations will likely continue, as companies look to get an edge on scale and integrated offerings. 

Our take: Launching flexible devices could help lure back merchants looking for value, especially SMBs hoping to slowly build out their POS base platform as they grow. 

However, economic uncertainty is tamping down consumer spending—and hitting hardest the small- and medium-sized businesses that are most likely to seek out modular solutions. Pairing AI software solutions with customizable POS platforms could help entice merchants that want to automate the busywork from their businesses and reclaim time for critical tasks.

You've read 0 of 2 free articles this month.

Get more articles - create your free account today!