RFI – In the Know, Episode 1 – 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.

Get in touch for more insights. 

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