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The Rise Of SoftPOS: What Businesses Need To Know
The payments landscape has undergone significant transformations in recent years, with the rise of digital wallets expected to surpass the popularity of cash by 2026. In this rapidly evolving environment, it is essential for businesses to stay ahead of the curve and adapt to these shifts. One innovative solution gaining traction is Software Point-of-Sale (SoftPOS), a technology that turns any near-field communication-enabled device into a secure payment terminal.
By leveraging AI algorithms, SoftPOS systems are capable of enhanced fraud detection and real-time analytics, allowing merchants to better understand their customers’ preferences and purchasing habits. The potential benefits for businesses are immense, particularly in terms of cost savings and the ability to provide an enhanced customer experience.
Source: https://www.forbes.com/councils/forbestechcouncil/2025/03/25/the-rise-of-softpos-what-businesses-need-to-know/
