As some of you may have already read in our first blog post of the three part series, we recently had the opportunity to interview our partners and Ingenico experts regarding their payment predictions for 2016. We covered many topics ranging from EMV, NFC, payment security, Omni-channel, unattended solutions and more. This is the second of a three-part video blog series. You can read the first blog post here.

This video features Rob Cameron, Chief Product Officer of Moneris Solutions and Jeremy Gumbley, Chief Technology Officer of CREDITCALL talking about how mPOS solutions will become more common in 2016. It also features Chris Kronenthal, Chief Technology Officer of FreedomPay and Richard Giannini, Senior Vice President, Product Development of Ingenico Canada as they speak about how 2016 will see greater alignment with today’s payment standards.

Prediction 3: Mobile Point of Sale Will Become More Pervasive

Rob Cameron, Chief Product Officer, Moneris solutions

“We anticipate that by 2019, around half of our customers are going to be using mPOS as part of the ecosystem. In the small-medium businesses space, it’s going to be an iPad at the front of the store to run their store that they can pick up and move with the customer when required. For the big merchants, it’s going to take longer so we’ll see them extending their point of sale out and doing things like being able to have a wired physical point of sale but then also be able to service the customers where they are with an mPOS-enabled terminal and device, but ultimately I think we will move towards this experience where there is no cash register in a lot more retailers over the next number of years. What we see quantitatively from the numbers is new customers into our business - is trending as high as 40% - are requesting a solution connected to an iPad or a smartphone. So the momentum suggests that we will achieve that 50% by 2019.”