Restaurant POS Solutions: An advancement in technology

Sept. 2, 2009 - PRLog -- Are credit cards going obsolete?

Introducing A New Payment Method That Could Make Credit Cards Obsolete

A leading provider of advanced, open-standard contactless chip technologies, Contactless and a global leader in electronic commerce and payment processing services, First Data, have announced that they made a three-year agreement into developing contactless payment stickers that will be marketed by First Data as GO-Tag products. On the agreement, INSIDE is the one to supply the MicroPass payment sticker prelams only to First Data-qualified card manufacturers for production.

This agreement can provide a strategic advantage to the core technology from INSIDE Contactless and First Data's issuing and transaction processing power. GO-Tag products will be marketed by First Data to major U.S. merchants, financial institutions, and other distribution channels in a variety of form factors.

First Data's GO-Tag Solution represents a very important step into the future plastic cards and fobs, and offers a bridge to the future of mobile payments according to Barry McCarthy, general manager of Mobile Commerce and Point of Sale Solutions for First Data. And that the partnership with INSIDE Contactless gives them the ability to offer consumers an opportunity to turn just about any personal item, from a mobile phone to an employee ID badge, into a payment device.

According to Charles Walton, executive vice president of payments for INSIDE Contactless, the agreement highlights the versatility of the MicroPass platform to support a variety of contactless payment applications and form factors, also stickers.

Since Contactless credit card technology becomes more common in the marketplace, it can be a good idea to update your restaurant POS system with them in the near future. And we all know that customer service is all about the speed and fast transaction to a restaurant point of sale terminal, the better the service is the better your customer experience will reflect on the value of your services.

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The author of this article is the VP of Customer Relations at POS-For-Restaurants.com with over 20 years experience helping restaurants nationwide increase their efficiency and bottom-line profits using restaurant POS systems.

You may visit http://www.pos-for-restaurants.com for more information on how our national network of restaurant point of sale experts can help your business achieve greater success in these difficult economic times.

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