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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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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 billion, were made in shops, restaurants and other retail outlets in 2024,” the organisation says.

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HyperPay Launches Tap on Phone Solution to Enable UAE Businesses to Use Smartphones as POS Terminals

The Fintech Times

Digital payment solutions provider HyperPay has launched its new Tap on Phone payment solution, HyperTap, to enable UAE businesses to receive payments by using smartphones as contactless point-of-sale (POS) terminals.

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Is Vietnam Undergoing a Cashless Revolution?

Fintech News

It’s followed by point-of-sale (POS) terminals with 24 companies and a share of 11%; cryptocurrency and blockchain with 22 companies and a share of 10%; and peer-to-peer (P2P) lending with 21 companies and a share of 9.5%. 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 technology enables merchants to accept payments via smartphones, eliminating the need for traditional point-of-sale (POS) devices. Since its launch in Saudi Arabia, Geidea has revolutionized the payment landscape by becoming the first company in the Middle East and North Africa (MENA) region to introduce SoftPos solutions.

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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.

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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.