Sprint and Vantiv announced on Tuesday the launch of Vantiv Mobile Checkout—powered by NCR Silver—a tablet-based, cloud-connected point-of-sale system that allows business owners to track sales, analyze consumer trends, manage inventory, process sales and market to customers.
The complete solution includes the tablet, wireless connectivity, tablet stand, encrypted card reader, cash drawer and countertop receipt printer, with the option to add scanners, Bluetooth printers and other accessories.
“Our retail customers have been asking for a secure, integrated tablet-based point-of-sale system,” Ben Vos, the vice president of emerging solutions at Sprint, said. “Together with Vantiv, we are delivering a robust mobile tablet-based POS solution that’s very affordable and rich with capabilities. Our goal is to seamlessly integrate the latest in storefront technology to help retailers provide their customers with a unique experience while also receiving valuable data key to critical decision making.”
The checkout solution will allow businesses to process and accept transactions anywhere. Research from McKinsey and Co. showed that up to 50 percent of all small- to medium-sized businesses are considering switching to a tablet POS or mobile POS system.
“We are excited to be able to bring leading, integrated and innovative payment solutions to small businesses with Sprint,” Elizabeth Rector, the senior vice president and general manager of mobile and e-commerce at Vantiv, said. “Sprint’s business distribution network is a perfect way to reach more small businesses and we look forward to helping them be even more effective with Vantiv Mobile Checkout.”
Vantiv is the country’s No. 1 PIN debit processor and the third largest acquirer by number of transactions.