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.
- 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.