{"id":4591,"date":"2020-02-18T09:00:00","date_gmt":"2020-02-18T09:00:00","guid":{"rendered":"https:\/\/evoipos.com\/?p=4591"},"modified":"2021-12-10T11:58:31","modified_gmt":"2021-12-10T16:58:31","slug":"smart-payment-terminals-a-smart-choice-for-future-processing-needs-2","status":"publish","type":"post","link":"https:\/\/www.evopayments.us\/staging\/smart-payment-terminals-a-smart-choice-for-future-processing-needs-2\/","title":{"rendered":"Smart Payment Terminals: A Smart Choice for Future Processing Needs"},"content":{"rendered":"\n<p>Remember the Motorola RAZR and the Blackberry  Pearl? These phones dominated sales in the U.S. in 2006. Back then, many  of us would have said their cell phone is primarily a utilitarian  device used for phone calls, text messages, and even an occasional  email. Then in 2007, Apple released the iPhone to the world and began a  rapid shift in what we all as consumers expect from technology.<br><br>The iPhone offered something consumers wanted, they just didn\u2019t know it  at the time. Consumers wanted a device that focused on the user  interface with a limitless supply of customizations and applications for  doing more with a single device. At $500, the iPhone was a luxury, but  the price did not affect the sales growth the iPhone would see and  continues to see today. The point of sale and payments industry is going  through a similar shift when it comes to smart terminals.<\/p>\n\n\n\n<h3 id=\"smartening-up\">Smartening Up<\/h3>\n\n\n\n<p>As consumer tastes and expectations evolve, the expectations of  merchants and business owners are often close to follow. The devices  that once had the specific task of processing payments and printing a  receipt are no longer going to meet the demands of the market. It would  be a difficult to find a traditional credit card terminal that was even  capable of performing basic calculator functions. The manufacturers of  traditional credit card terminals have taken notice of the shift, and  all the usual suppliers as well as some new start-ups are in the process  of launching lines of smart payment terminals.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"606\" src=\"https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2020\/03\/DSC_0848-EDIT-scaled-e1592512970109-1024x606.jpg\" alt=\"\" class=\"wp-image-16912\" srcset=\"https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2020\/03\/DSC_0848-EDIT-scaled-e1592512970109-1024x606.jpg 1024w, https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2020\/03\/DSC_0848-EDIT-scaled-e1592512970109-300x178.jpg 300w, https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2020\/03\/DSC_0848-EDIT-scaled-e1592512970109-768x455.jpg 768w, https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2020\/03\/DSC_0848-EDIT-scaled-e1592512970109-1536x910.jpg 1536w, https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2020\/03\/DSC_0848-EDIT-scaled-e1592512970109-2048x1213.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption> <\/figcaption><\/figure>\n\n\n\n<h3 id=\"what-is-a-smart-payment-terminal\">What is a Smart Payment Terminal? <\/h3>\n\n\n\n<p>The smart payment terminals that will enter the market in 2020 will  combine a 5- to 6-inch tablet screen, a built-in receipt printer, and a  credit card chip and mag-stripe reader. The smart payment terminal often  includes a battery for portable use, Wi-Fi and\/or 4G LTE communication  options, along with an integrated camera. This combination of hardware  is generally always running an Android operating system. Because these  devices are processing card data, PIN entry, and other payment data, the  Android operating systems have to be restricted \u2013 no going out to the  Play Store or the WWW and downloading anonymous software.<\/p>\n\n\n\n<h3 id=\"going-well-beyond-card-payments\">Going Well Beyond Card Payments<\/h3>\n\n\n\n<p>Even though the operating systems are restricted, the Android tablet  format and iOS is familiar to a variety of software developers, they can  often easily repackage applications for use on a smart payment  terminal. Typically, a software developer only needs to have the payment  processor or manufacturer certify and sign their applications so they  can run on the smart payment terminal.<br><br>This brings capabilities to a smart payment terminal to perform tasks  far beyond what a traditional credit card terminal can do. Software  developers can integrate to existing POS systems and offer a more  customer focused payment experience, like a restaurant performing  payment at the table, and other management software for functions like  customer appointment calendars, time clock and staff scheduling, online  orders and delivery, inventory tracking, customer satisfaction surveys,  and applications to offer extended service contracts or warranties.<\/p>\n\n\n\n<div style=\"height:28px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator is-style-wide\"\/>\n\n\n\n<div style=\"height:17px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n    <div class=\"cta cta-full\">\n        <img src=\"https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/11\/cta_full-width_3.jpg\" alt=\"\" \/>\n        <div class=\"content-holder\"> <!--this extra div is needed to make line behind content and above image-->\n          <div class=\"content\">\n            <h3>Connect with Us<\/h3>\n            <p>With business activities in 50 markets and 150+ currencies around the world, EVO is among the largest fully integrated merchant acquirers and payment processors in the world.<\/p>\n            <div class=\"button-container\"><a href=\"\/about\/contact-us\/\" class=\"btn border\">Contact Us<\/a><\/div>\n          <\/div> <!-- \/.content -->\n        <\/div> <!-- \/.content-holder -->\n    <\/div><!-- \/.cta -->\n\n        ","protected":false},"excerpt":{"rendered":"<p>The point of sale and payments industry is going  through a shift when it comes to smart terminals.<\/p>\n","protected":false},"author":2,"featured_media":17607,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":2,"_editorskit_typography_data":[],"_editorskit_blocks_typography":"","_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","_mi_skip_tracking":false},"categories":[49,460,15],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.9 - 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