Next Generation Point-Of-Sale (POS) Solutions Fueling
Strategic Partnerships and Growing Revenue
Opportunities
Palm Beach, FL -- August 29, 2017 -- InvestorsHub NewsWire
-- The merchant processing space is seeing innovative tech
advancements in the efficiency of POS operating systems as most
consumers expect their card-based transactions to occur in a matter
of seconds. The latest innovations and improved technology is
creating strategic growth and new partnership opportunities for
bolstering revenue streams while news business developments are on
the increase. Tech companies in the industry with
advancements of note and market performance this week include:
HD View 360 Inc. (OTC:
HDVW), Square Inc. (NYSE:
SQ), VeriFone Systems Inc. (NYSE:
PAY), Vantiv Inc. (NYSE:
VNTV) and NCR Corporation (NYSE:
NCR)
HD View 360 Inc. (OTCQB:
HDVW), announced today that its wholly-owned subsidiary, HD
View Technologies, signed its first Letter of Intent (LOI) with
Pizzafire to supply its Point of Sale (POS) technology to all
locations nationwide. Read this and more news for HD
View 360 Inc at: http://www.marketnewsupdates.com/news/hdvw.html
The next generation POS will allow the growing restaurant chain
to more efficiently staff, save time on menu updates, and keep
closer tabs on new locations. With 19 Pizzafires open, 15 more
planned by end of year, and multiple POS systems per location, HD
View 360 anticipates this contract to be a substantial revenue
generator in the months ahead. Pizzafire is exactly the type of
company we love partnering with, said HD View 360 CEO Dennis
Mancino. Theyre smart, theyre forward-thinking, and theyre experts
in their industry. As more and more franchisees join their team,
our cloud-based POS is going to slash infrastructure costs and
improve operational productivity.
Pizzafire, a build-your-own pie brand, is quickly climbing the
ranks of fast-casual dining options. The brand has 10+ locations
open in Ohio with more planned for Los Angeles, Houston, Atlanta,
Tampa, Miami, and Nashville in the next 12 months. Led by
world-famous pizza chef Sean Brauser, the burgeoning franchisor was
impressed by how the softwares ease of use and intuitive interface
will help the company stay aligned with its expanding network of
national stores. In a franchise operation, you really want to
have uniformity, said Brauser, Pizzafire Founder and CEO. The
operations you build have to be so perfect and simple to use that
new owners can jump right in and run your system. HD View
Technologys POS provides just that.
In other industry news and developments:
Square Inc. (NYSE:
SQ) - According to RetailDive.com, Point-of-sale company Square
has opened its first physical store, a weekend-only space in New
York Citys SoHo neighborhood. By virtue of its credit card readers
and other business platforms and services, Square is already a
major enabler of brick-and-mortar retail, allowing smaller
businesses, including micro-businesses like flea-market vendors, to
take advantage of mobile commerce. Square credits retail stores for
some 20% of its transaction volume last year. Now the company
itself is turning to a physical space to further sales of its
hardware and software business solutions. "As weve grown from our
original reader and POS software to an ecosystem of tools that help
you run your business, we felt it was important to offer you the
opportunity to experience these products firsthand before deciding
which tools will work best for your business," the company said in
a blog post. Read more at http://www.retaildive.com/news/square-debuts-nyc-showroom-to-offer-demos-customer-support/503675/
VeriFone Systems Inc. (NYSE:
PAY) recently announced it has been selected by Shufersal for a
full-scale payment as-a-service (PaaS) relationship. Shufersal will
be the first merchant in the country to implement Verifones suite
of commerce-enabled payment solutions that include a complete
upgrade to local EMV requirements, access to third-party apps in
the Merchant Marketplace, and state-of-the-art gateway
services for an omni-channel view of consumer
transactions both online and instore.
According to PYMNTS.com, Vantiv Integrated Payments a Vantiv
Inc. (NYSE:
VNTV) company and provider of payments technology and
processing services for small and medium-sized businesses (SMBs)
announced news on August 7) that triPOS Cloud, a cloud-based API
for easier and faster real-time payment processing, is now live.
The company said the API is available for all independent software
vendors (ISVs) and merchants to process point-of-sale (POS)
transactions. Vantiv is poised to be a leader in innovation in
payments due to our open architecture model that focuses on
investment in new technology, such as cloud platforms, said Matt
Downs, head of channel and business development at Vantiv
Integrated Payments, in the news release. triPOS Cloud is just
another example of our strong commitment to the ISV market, thereby
creating some of the most powerful integrated solutions in the
market. Read the full article at http://www.pymnts.com/news/payment-methods/2017/vantiv-cloud-payment-api-tripos-cloud/
NCR Corporation (NYSE:
NCR) closed Monday up slightly at $35.84 on over 800,000 shares
traded by the market close. The company recently announced it has
entered into a strategic referral relationship with Performance
Food Group Company (NYSE: PFGC) to bring NCR SilverTM, the
cloud-based point-of-sale (POS) solution, to more restaurants
throughout the United States. PFG will introduce NCR Silver to its
36 Performance Foodservice distribution centers nationwide, which
deliver food and food-related products to regional and national
restaurant operators. Restaurateurs will be able to purchase NCR
Silver software and hardware under a subscription service model.
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