As Prices Fall, iPad Cash Registers Become More Common
Omar Yusuf — September 11, 2011 — Business
The growing prevalence, falling price and overall customizability of Apple products has led to the inevitable invention of the iPad cash register. Surprised? You shouldn't be. Smartphone attachments like Square make swiping cards, managing debit transactions and receiving cash payments incredibly easy.
The attached map shows the distribution of Square, the smart device add-on that makes processing credit cards a cinch. Not only has the attachment cultivated a business following in New York, Austin and Portland, but across the continental United States and Canada. In a sentence, that means that traditional tills are quickly being replaced by multipurpose iPad cash registers that allow employees to not only process transactions, but surf the Web, submit orders and conduct customer surveys.
The ultimate irony is that the combination of Square and the iPad is cheaper than modern cash boxes, whose maintenance costs and learning curve are a tad unreasonable.
The attached map shows the distribution of Square, the smart device add-on that makes processing credit cards a cinch. Not only has the attachment cultivated a business following in New York, Austin and Portland, but across the continental United States and Canada. In a sentence, that means that traditional tills are quickly being replaced by multipurpose iPad cash registers that allow employees to not only process transactions, but surf the Web, submit orders and conduct customer surveys.
The ultimate irony is that the combination of Square and the iPad is cheaper than modern cash boxes, whose maintenance costs and learning curve are a tad unreasonable.
Trend Themes
1. Ipad Cash Registers - The use of multipurpose iPad cash registers to supplement traditional tills presents an opportunity for businesses to streamline their operations and cut down on costs.
2. Smart Device Payment Processing - As Square continues to gain popularity, there is a growing trend towards using smart device attachments for processing credit card payments, presenting an opportunity for technology companies to develop new payment solutions.
3. Customizable Retail Technology - The customizability of Apple products and their growing prevalence in the retail space present an opportunity for companies to develop innovative technologies tailored to specific business needs.
Industry Implications
1. Retail - Retailers are leading the way in the adoption of iPad cash registers and smart device payment processing, presenting an opportunity for technology companies to develop solutions specifically for this industry.
2. Hospitality - The use of multipurpose iPad cash registers presents an opportunity for hospitality businesses to improve their customer experience by streamlining payment processing and allowing employees to engage with customers in new ways.
3. Technology - The trend towards customizable retail technology and the adoption of smart device payment processing present a significant opportunity for technology companies to develop innovative solutions that can be applied to a range of industries.
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