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Analysed: The future of point of sales (POS) systems

The Payments Association

Analysed: The future of point of sales (POS) systems 10 July 2025 by Payments Intelligence What is this article about? How modern point-of-sale (POS) systems are evolving into cloud-native, AI-driven platforms central to retail operations. Why is it important?

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Nexi Group Enables Swiss Merchants to Accept Consumer Payments via WeChat Pay

Fintech Finance

Nexi Group , the European PayTech, has collaborated with WeChat Pay to enable Swiss merchants to accept payments at the point of sale (POS) via the WeChat Pay app. At the same time, the WeChat app connects over a billion users, who can share their positive shopping experiences online, inspiring other Chinese consumers to visit.

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Half of all contactless payments in Ireland are now made via NFC

NFCW

. “Over 1.5bn contactless point of sale (POS) payments, valued at 26.7 “Smartphones and watches have emerged as the preferred payment device over physical cards for many consumers “Out of 296 contactless payments made per person in Ireland on Irish cards in 2024, 159 of these were mobile wallet payments.

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Is Vietnam Undergoing a Cashless Revolution?

Fintech News

The Vietnam Consumer Trends 2024 report, released in October, explores key drivers set to fuel Vietnam’s growth and opportunities, highlighting that digital payment methods are gaining dominance, and helping improve financial inclusion and accessibility. The payment vertical continues to dominate, with 48 companies and a share of 21.8%.

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Geidea Leads the FinTech Revolution in the Region, Starting With a Network of Thousands of Merchants and Preparing for the SoftPos Launch in Egypt

Fintech Finance

This expansion marks a significant milestone in Geidea’s strategy to drive digital transformation in the region, offering merchants and consumers an advanced, secure, and seamless payment experience. This technology enables merchants to accept payments via smartphones, eliminating the need for traditional point-of-sale (POS) devices.

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Digital Wallets Overtake Credit Cards as Top E-Commerce Payment Method in Singapore

Fintech News

According to Worldpay’s Global Payments Report 2025, digital wallets now lead e-commerce transactions and are the second most-used payment method for point-of-sale (POS) transactions, accounting for 39% of e-commerce transactions, and 29% of transaction value in 2024. 25%), Apple Pay (22%), GrabPay (12%) and Google Pay (12%).

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Visa Tap to Phone Adoption Grows 320% in the UK

Fintech Finance

Today, Visa announced that Tap to Phone a technology that turns a smartphone into a point-of-sale (POS) device – has experienced a 200% increase globally over the past year, supporting millions of sellers of all sizes worldwide. In the UK, Tap to Phone adoption is even higher, at a growth rate of 320% [1]. With over 18.3