POS SOLUTIONS

Mercaux Announces Release of Next Generation POS that Decomposes Experience, Basket, and Checkout Layers

Mercaux | March 17, 2022

Mercaux, The Next Generation In-Store Experience Platform, today announces an extension of its in-store suite to include Next Generation POS. The arrival introduces decomposed basket and checkout layers, resulting in a fluid, flexible and fast checkout process, irrespective of where the omnichannel journey started or finished, or method of payment the customer wishes to use. Where legacy monolithic POS has remained stagnant for many years, delivering little in the way of value to retailers, Mercaux's fully composable, cloud-based and API-first solution derives true business value, and provides a frictionless authentication, cross-channel basket transfer and checkout experience for customers.

Next Generation POS from Mercaux consists of a decomposed basket and checkout layer, meaning that a customer can start a journey in one channel (in-store, online or remotely), pick it up in another, and complete the checkout wherever, and however they want. This is enabled via Mercaux's "Universal Basket" that follows the customer wherever they go and supports the rise in popularity of customers who ROPO, or those who would like to use modern payment methods including BNPL, anywhere. Furthermore, by deploying a composable vs monolithic platform, retailers now have the freedom to control how they transform their business, the flexibility to work with other Next Generation solutions of their choice, and the agility to deploy and add new functionality quickly.

"Retail is behind other industries, such as banking or e-commerce, when it comes to composability. By extending our in-store experience platform though to basket and checkout, we are helping retail to take advantage of the agility and speed in which the industry can evolve to meet the heightened demands of the customer."

Mercaux co-founder and ceo, Olga Kotsur

Kotsur concluded, "This is an incredibly exciting development, finally allowing retailers to offer an entirely frictionless cross-channel experience and checkout process for their customers. With the pain of legacy removed, retailers can facilitate new omnichannel service models, understand true customer journeys and leverage online and payment innovations in-store - all leading to tangible top-line benefits."

About Mercaux
Mercaux's Composable Platform future-proofs stores. The 3-layers comprise of In-Store Experience, Universal Basket and Next Generation Checkout. The Experience layer redefines how customers interact with the physical store, through assisted selling and self-service solutions. Universal Baskets are created from these solutions that follow the customer wherever they continue their omnichannel experience. Next-Gen Checkout allows customers to complete the transaction anywhere, using any payment.

Spotlight

In Europe, retailers' IT departments control the largest part of IT spending, but LOBs exercise significant control and influence Customer experience drives expansion, innovation and marketing strategies for European Retailers In Europe, the top solution investments will span from ecommerce to machine learning/artificial intelligence (ML/AI) to the store.


Other News
POS RETAIL

Diebold Nixdorf Helps Retailers and Their Customers Reduce Printed Receipts

Diebold Nixdorf | May 25, 2022

Diebold Nixdorf (NYSE: DBD), a world leader in driving connected commerce for the retail and financial industries, announced the launch of Vynamic® Digital Receipt, a sustainable solution to reduce the amount of thermal paper receipts. Consumers can receive digital receipts via QR code at the point of sale (POS) without the need to register or via their retailer's app, so they have it available whenever necessary. Retailers can easily add accessible promotions and offers to strengthen customer loyalty, while significantly saving costs and reducing their environmental impact. Every retail transaction requires a receipt: Retailers must issue them to be legally compliant, and customers must present them to return an item or make a warranty claim. Based on this traditional approach of using thermal paper, millions of printed receipts are produced, resulting in retailer's incurring unnecessary expenses as well as adversely impacting the retailer's sustainable footprint. Further, customers often struggle with storing them as thermal paper receipts gradually fade as they are susceptible to heat and UV light. Now, Diebold Nixdorf supports retailers and customers to digitize this process with Vynamic Digital Receipt, a new solution based on technology from anybill. Diebold Nixdorf has integrated Vynamic Digital Receipt into its POS solution ecosystem of the cloud-native Vynamic® Retail Platform, performing as a sustainable interface to the customer. Thus, customers are not constrained to only printed receipts, retailers have the ability to present a QR code on a customer-facing screen* at the point of sale. Customers can subsequently scan this code without the need to be registered. The digital receipt can then be stored on the customer mobile device without worrying about storing or fading of physical receipts anymore. Additionally, there are numerous environmental benefits such as: a typical supermarket can reduce 1 ton of waste, 50,000 liters of water, 10,000 kWh energy and 1 ton of carbon dioxide per year when all receipts are created digitally**. The retailers themselves benefit from significant savings achievable with digital receipts compared to thermal paper costs, an improved footprint and this offers retailers the ability to add additional content to digital receipts to advertise promotions and recommendations based on the customer's purchase. Alternatively, digital receipts can be integrated into existing retailer apps and customers can be invited to join a loyalty program. Each time the customer makes a purchase, they scan the customer card that is displayed via consumer app or their digital wallet and benefit from loyalty rewards when linked to their loyalty card. "Digitizing receipts creates a triple-win situation for retailers, customers and the environment. We always look for ways to simplify retail processes and make them more efficient and sustainable. Supporting our retail customers with a solution for digital receipts that is easy to integrate into their POS system creates strong benefits and offers different ways to engage with shoppers according to their shopping habits." -Ilhami Cantadurucu, vice president Retail Global Accounts, at Diebold Nixdorf Diebold Nixdorf will showcase Vynamic Digital Receipt at this year's EuroCIS, taking place May 31 – June 2 in Düsseldorf. Please register here to schedule a demo at Diebold Nixdorf's booth #D25, located in hall 9. About Diebold Nixdorf Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce. They automate, digitize and transform the way people bank and shop. As a partner to the majority of the world's top 100 financial institutions and top 25 global retailers, their integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 22,000 employees worldwide.

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POS SOLUTIONS

Sionic Launching Free CODE Pay Mobile App for Local Merchants

Sionic | July 13, 2022

Sionic , a leading provider of omni-commerce, consumer-to-business payments solutions, today announced it is launching a free mobile app for local merchants to accept real-time, bank-to-bank, lower-cost cash deposits from customers at the point of sale. “We are excited to give local merchants a fast and easy way to accept real-time payments from customers, The app works with any point of sale and also gives merchants a simple way for customers to order and pay ahead for either in-store or takeout consumption.” -Erica Burris, VP Strategy and Product for Sionic. CODE Pay uses Sionic’s new Pay-by-Bank solution enabling real-time cash deposits for merchants at checkout while bypassing expensive card swipe fees. The mobile app and service helps local merchants combat inflation by offsetting rising labor and food or merchandise costs. Sionic is also offering local merchants a bundled service for convenient processing of both bank and card payments with consolidated, instant reporting and analytics all from their mobile device using CODE Pay. About Sionic- Atlanta-based Sionic is leading The Great Reallocation in digital payments by delivering instant bank-to-bank transfers from consumers to merchants. A Google Cloud service, Sionic's market-first ULink™ is bringing real-time direct deposits to the point of sale via mobile, online, in store or in vehicle experiences. The company has partnered with top financial institution owners of The RTP Network for bank payments and CyberSource, a Visa solution, for secure card payment processing. Merchants accepting real-time payments bypass expensive card swipe fees and receive POS cash deposits immediately. Consumers may receive perks for paying with their bank accounts.

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POS HARDWARE

Clip.mx continues to Lead the Digital Transformation of Mexico's Commerce with New Suite of Products.

Clip.mx | May 30, 2022

Clip, Mexico's leading digital payments and commerce platform, announced several new innovations to their products which grant merchants in Mexico better access to digital payments and financial services. Over 75% of Clip merchants transacted with cash only before joining Clip. Today, two out of three merchants that join Mexico's digital payments system use Clip's products. "Our experience and strong relationship with customers inspired us to develop the most comprehensive digital payment system in the industry, one that meets the needs of all merchants and encourages their growth. Clip is for everyone and today we have products for any business, regardless of size, industry or location," - Adolfo Babatz, founder and CEO of Clip Mexico. In their recent launch event, 'reCONNECT,' Clip highlighted its evolution to becoming the number one payments platform in Mexico and showcased the company's latest innovations. Among the products and solutions that Clip launched, there were three point-of-sale terminals - Clip Mini, Clip Pro 2 and Clip Stand -, three Remote Payments software features - QR Code, Payment Link, URL Link -, and two hardware accessories - Clip Cashbox and Clip Printer. Key highlights include: Clip Stand – the main featured product of the event, the most complete point of sale terminal with a 16-inch HD portable touch screen, a camera with a reader to photograph products and scan both barcodes and QR codes, a free digital catalog to manage inventory and sales, and unlimited free internet on all transactions. Remote Payments 2.0 – allows merchants to generate QR codes for contactless payments, custom links for card-not-present sales, and trade links to centralize payments from a permanent link. Clip Cashbox and Printer – the Cashbox allows merchants to manage both cash and credit securely in one place, while the Printer generates printed orders, receipts, and daily sales summaries without the need for a link. This diverse set of hardware and software provides merchants with the ability to process payments - including national and international credit, debit, voucher cards and contactless payments - with more than 19 banks and partners. Merchants can process payments with or without a cell phone, tablet or internet access. Clip products also give merchants access to key functions at no additional cost, such as inventory management and selling cell phone airtime top-ups. With these innovations, Clip reinforces its commitment to driving financial inclusion in Mexico by broadening access to digital payment solutions for Mexico's thousands of small and medium-sized businesses. About Clip Clip is the leading commerce and digital payment platform that is empowering businesses in Mexico to interact and transact with its consumers more effectively through innovative technologies, best-in-class customer service, and the ability to accept all payment methods digitally. The company has more than 1,000 employees with offices in Mexico City, Guadalajara, Salt Lake City, and Buenos Aires.

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POS SOLUTIONS

Steven Bramson Named CEO of Innovative Ergonomic Solutions

Innovative Ergonomic Solutions | June 07, 2022

Innovative Ergonomic Solutions (IES), a private equity-backed platform with a collection of inventive brands focused on increasing productivity wherever work happens through better ergonomics, has named Steven Bramson CEO, effective today. Bramson has served as IES President since joining the organization in August 2021. In this elevated role, he will be responsible for setting the company's vision, the strategies to accelerate growth and profitability, and to drive overall success for the organization. Bramson will also oversee IES's diversified, global portfolio of brands. These include: HAT Collective, which serves the contract office market with intuitive, ergonomic products such as height-adjustable tables, monitor arms, seating, power and accessories; HAT Collective Healthcare, a division of HAT Collective, which provides point of care products like mobile carts and wall mounts; Innovative Design Works (IDW), which serves as an original equipment manufacturer (OEM) and designer of monitor arms, tablet mounts and point of sale systems for customers ranging from hospitality to retail; and several e-commerce brands. "Steven brings deep knowledge of the markets we serve and is well positioned to lead IES at this time in the company's lifecycle, He is a proven leader who can solve challenges, unite people and create new opportunities. He is a great fit to the lead the team and serve our customers." -IES Executive Chair and commercial furnishings industry veteran Kris Manos. Mark Woods, Non-Executive Chairman of IES, and Partner and Head of North American Private Equity at Cathay Capital, the controlling shareholder of IES, commented: "During his time at IES, Steven's vision, leadership skills and business acumen have been instrumental in strengthening the existing IES platform while identifying significant growth avenues. Steven is relentless in his pursuit of excellence, and we are confident he will create significant value for all stakeholders." Bramson brings more than 25 years of experience to the position. Prior to joining IES, he was the President of Humanscale North America, a leading manufacturer and global provider of ergonomic products and high performance seating. During his tenure there, he oversaw many of the company's largest divisions, implemented new organizational strategies and helped deliver significant revenue growth and increased market share. About Innovative Ergonomic Solutions Innovative Ergonomic Solutions is a private equity-backed platform with a collection of inventive brands focused on ergonomic workspace products and services that improve the health, wellness and productivity of users across a multitude of environments. IES serves a broad range of channels and markets including both corporate and home office, healthcare, hospitality, retail and point-of-sale. Its brands include HAT Collective, Innovative Design Works and others that serve the e-commerce market. IES is committed to product excellence and supporting the growth of ergonomics across North America, Europe, and Asia. About Cathay Capital Cathay Capital Group is a global investment firm supporting companies at all stages throughout North America, Asia, Europe and Africa. By helping navigate the opportunities of globalization and sustainable transformation, Cathay is the partner of choice for companies aspiring to lead markets and make a positive impact. Its global platform connects people – from investors and entrepreneurs to management teams and leading corporations – across continents to share knowledge, the tools to scale, and achieve the extraordinary. Founded in 2007 with a strong entrepreneurial heritage, Cathay Capital now manages over $4.5B in assets, has completed over 220 buyouts, growth and venture capital investments with the global reach and local expertise from offices in Paris, New York, Shanghai, Munich, San Francisco, Beijing, Singapore, Shenzhen and Tel Aviv.

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Spotlight

In Europe, retailers' IT departments control the largest part of IT spending, but LOBs exercise significant control and influence Customer experience drives expansion, innovation and marketing strategies for European Retailers In Europe, the top solution investments will span from ecommerce to machine learning/artificial intelligence (ML/AI) to the store.

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