PayPoint has pledged to help independent retailers “think digitally first”, unveiling new technology designed to “future-proof” stores.
Launching the new platform PayPoint One last week, the product’s pioneers said it would help retailers adapt to changing trends while offering a streamlined EPoS system.
Existing PayPoint customers can upgrade for £15 per week, while new customers will be charged £20 a week. There is no upfront cost for the hardware, but contracts run for a minimum of two years.
“Moving from a terminal to a platform will give us huge flexibility to evolve down the line,” said Lewis Alcraft, commercial director at PayPoint.
“Using the cloud technology, they can scan items on their phones at the cash & carry and have them integrated into their till system by the time they get home.”
“The Android based platform means that PayPoint One is future-proofed,” said PayPoint’s Georgina Martin.
“Early adopters of the new system also love that PayPoint services can be accessed in the same transaction as purchases.”
Tim Watkin-Rees, PayPoint’s founder and business development director, added: “A number of successful entrepreneurs in the convenience sector run several stores. PayPoint One will allow them to keep track of their business and stay involved from any location.”
He noted that compatibility with new technologies, such as Apple and Android Pay, was expected by consumers and big business.
“Why shouldn’t that be the same for small retailers?” he said.