The rise of new Android-based payment terminals in the payment industry
Digital transformation is affecting all sectors, and the electronic payment terminal (EPT) market is no exception. Historically dominated by giants such as Ingenico and Verifone, this market is now seeing the emergence of new ranges of Android POS terminals, offering solutions tailored to the modern needs of merchants and banks alike.
The arrival of new players on the market
Emerging manufacturers such as PAX, Castle, and Newland have taken advantage of technological advances to offer payment terminals that meet today’s requirements. Although less well-known than their predecessors, these brands offer a number of advantages that make them particularly attractive to banks and professionals.
The benefits of Android payment terminals
- Competitive prices: one of the main advantages of the new ranges of Android POS terminals is their value for money. These devices are often more affordable than traditional models, yet offer advanced functionalities, making them accessible to a wider range of merchants.
- A more modern design: design is an essential element when choosing a payment terminal. The new Android POS terminals stand out for their modern aesthetics, which are often more attractive than traditional models. This can significantly enhance the customer experience by reinforcing trust and engagement through a well-designed terminal.
- Their touch interface: most Android POS terminals feature intuitive touch screens, making them easy to use for both staff and customers. This means faster transaction processing, and shorter checkout times – an essential element in enhancing the shopping experience.
- Business applications: another major advantage of Android POS terminals is their ability to integrate specific business applications. These applications can be adapted to a variety of needs, from stock management to customer loyalty and sales analysis. This flexibility is a considerable advantage for companies looking to optimize their operations.
How to choose the right terminal? Our keys to making the right investment
Choosing a payment terminal may seem trivial, but it has a direct long-term impact on your business. Between technological developments, regulatory standards and budgetary constraints, the wrong decision can quickly become a headache. Here are three practical tips to help you make the right choice.
- Think sustainability : An affordable and/or attractively designed payment terminal may seem attractive, but beware of hidden costs. Opting for lesser-known or newly introduced models can make maintenance (scarcity of spare parts) and availability complex, whether new (few suppliers) or reconditioned, all the more so if they are used in high-risk environments (restaurants, etc.). In contrast, traditional terminals, while initially more expensive are more widely distributed on the market and are more easily repaired and available in large quantities, whatever the desired condition (new or second-hand) – guaranteeing greater durability and lower costs over the long term.
- Get in touch with independent experts : A manufacturer-independent industry expert can provide you with transparent guidance on the options best suited to your industry and your needs. He or she will also help you navigate the ever-changing standards and integration constraints with your existing systems.
- Anticipating changes in the sector : The POS sector is evolving rapidly, with the arrival of new functionalities such as mobile payments and all-in-one solutions combining cash register and terminal. To avoid having to change equipment prematurely, choose a terminal that can be upgraded with software updates or new accessories. This will enable you to meet your customers’ expectations while keeping costs under control.
In short, the new ranges of Android POS terminals are revolutionizing the electronic payments sector. Thanks to their value for money, modern design, touchscreen interface and ability to integrate business applications, they are an attractive option for merchants and banks alike. However, electronic payment terminals from Ingenico and Verifone, with their reliability and technical support, remain solid choices for many professionals. The choice between these two types of terminal should be guided by the specific needs of each business, guaranteeing an optimal payment solution.
Codeo, a specialist in the reuse of professional IT equipment, has the expertise to assist you in transitioning to Android POS terminals or the deployment of classic POS terminals! Our teams are ready to listen to your needs, so don’t hesitate to contact us.
