In the dynamic world of modern commerce, payment solutions have undergone significant transformations. Traditional point-of-sale systems have evolved into more sophisticated options, including SmartPOS and SoftPOS solutions. For merchants seeking to upgrade their payment infrastructure, understanding the differences between these two options is crucial.
A recent article by TECS – a Bluefin company – breaks down the key differences between SmartPOS and SoftPOS Solutions, featuring important factors such as hardware requirements, deployment, flexibility, payment acceptance methods, integrations, security, cost, and scalability.
SmartPOS and SoftPOS solutions have their own distinct advantages, TECS states. SmartPOS offers robust hardware, seamless integration, and advanced features at a higher one-time investment. This pays off in shorter implementation times, higher standardization, and easier monitoring, while SoftPOS offers flexibility and lower initial investment.
Before determining the best solutions, retailers need to carefully consider their specific requirements, unique needs, budget, and long-term business goals.
“Whether it’s the reliability and tamper-resistance of dedicated hardware or the convenience of purely software-based solutions, adopting advanced payment technologies is a critical step to staying ahead in today’s competitive marketplace.”
Bluefin recently announced the availability of PCI validated P2PE SmartPOS payment devices for global customers on Bluefin’s TECS payment platform, and initially includes SmartPOS Android devices manufactured by Newland and Sunmi.
Read TECS full blog here.