PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

TSYS Boosts POS Options For Small-Medium Merchants

By Raymond Pucci
January 11, 2019
in Analysts Coverage, Merchant, Point-of-sale
0
3
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
POS Finance

POS Finance

Main Street merchants have different needs than big retail chains especially when it comes to POS payment systems. As the following Business Wire item reports, merchant acquirer TSYS has launched a new set of POS solutions targeted to small and medium businesses.

TSYS today announced the launch of Vital®, a new brand of payment products designed to help small and medium-sized businesses run more easily and efficiently. Vital is also available to be white-labeled by TSYS partners.

The Vital brand’s initial offering includes Vital POS, a full-featured, cloud-based point-of-sale solution. Vital POS is made up of three products designed with various functions for businesses of different sizes – all built on the same back office software, enabling a single access point across all products.

  • Vital Mobileis for mobile merchants seeking a fast, affordable and easy-to-set-up payment acceptance platform.
  • Vital Plusoffers an ideal replacement for countertop payment terminals and electronic cash registers.
  • Vital Selectprovides business owners who have one or more brick-and-mortar locations with a powerful, full-featured POS system, as well as peripherals to address additional business needs.

All three products feature tools that free up business owners to spend less time on administration and focus more on what they love about their business. These back-office features include: robust analytics and reporting, inventory management, taxes, time-clock and employee management, discounts and pricing functionality and more.

Philip McHugh, senior executive vice president and president, Merchant Solutions, TSYS, said Vital POS goes above and beyond point-of-sale efficiency.

Smaller merchants have gravitated to easy-to-use, integrated POS systems with mobile capabilities, ever since Square came on the payments scene. First Data then followed with the Clover device portfolio that recently sold its one millionth device. Now TSYS, which already has a large SMB merchant client base, is providing another option. The key to mobile and flexible POS solutions is that they have to be about more than just the payment transaction. Legacy merchant acquirers are finding that providing management and operational tools along with payment transactions will create more long-term client relationships, necessary in an industry faced with the challenges of merchant account churn.

Overview by Raymond Pucci, Director, Merchant Services at Mercator Advisory Group

3
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Tags: MerchantPoint of SaleTSYS

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    embedded lending

    Embedded Lending as a Growth Strategy for ISVs—How to Maximize Revenue Potential

    June 18, 2025
    merchant ai

    Merchants Find More Use Cases for AI Amid Risks

    June 17, 2025
    prepaid payroll

    Taking the Check Out of Paycheck: The Role of Prepaid in Payroll

    June 16, 2025
    Banking-as-a-service BaaS

    Remodeling Main Street: How Community Banks Can Leverage the Banking-as-a-Service Paradigm

    June 12, 2025
    How Employee Performance Enhances the Customer Experience

    Three Strategies to Maximize Loyalty in the AI-Driven World 

    June 11, 2025
    PFM tools

    How FIs Are Cutting Through Subscription Clutter with PFM Tools

    June 10, 2025
    child identity theft

    Stranger Danger: Protecting Your Children from Identity Theft

    June 9, 2025
    agentic commerce

    The Agentic Advent: How the Next Iteration of AI is Shaping Commerce

    June 6, 2025

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result