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RFI in the know, episode 1 – SOFTPOS

Date: February 17, 2023
Region: AU/NZ
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SoftPOS

In the first episode of RFI – In the Know, Global Head of Business Payments, Mark Schultz discusses his latest In-Depth Insights article on the state of SoftPOS in Australia.

Key points:

  • The main barrier that had previously prevented these businesses from accepting cards still remained: Cost
  • Factors that have delayed the arrival of SoftPOS:
  • The Pandemic
  • The time it has taken to develop the required technology
  • 2 in 5 Australians are comfortable paying by SoftPOS, including the majority of Millennials

2023 will be the year of SoftPOS.  

Read the full article on SoftPOS in Australia here.

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