As the POS industry finds itself at the doorstep of another transformation (it’s not the payments transformation you might be thinking of), we thought it would serve readers well to have a visual for the evolution of the POS business model. While we had shown some visuals to this general opportunity last year, we spent more time ruminating about the revenue potential per merchant. Thusly we’re using an example $1M/year merchant to calculate the annual costs in the graphics below.
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