
Douglas Stewart is President and Co-founder of Quetzal. He has been in the POS business for over fifteen years having successfully overseen a number of retail solution initiatives in the market. His latest POS product aims to answer a number of needs and problems that previous retail systems have not done.
Stewart has written a piece outlining the development of the payment industry’s adoption of POS as an integral solution. He cites the early days as a time of little infrastructure to guide merchants in the payment acceptance process all the way through to the future of payment processors and systems. A look to current and future solutions which include a range of features catering to various aspects across the transaction process gives insight into the direction the sector looks to be heading in.
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more