A recent survey of U.S. retailer merchants has some warning signs for those in the acquiring community. There is growing interest in smart POS solutions that do more than just accept payment, but very few merchants rely on acquirers for information about these next-generation solutions.
The survey conducted by PYMNTS, in collaboration with AEVI, reveals that more than half of those with annual revenue up to $500,000 say they have heard of smart POS systems from other business owners. The percentage who get their information from acquirers is in the single digits.
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