SumUp has unveiled a new suite of POS solutions – with the launch of POS Lite. The new solution is now available to retailers in the UK, Ireland, France, Italy, Germany and Spain. The company has also announced its new and improved Point of Sale system, POS Pro. With POS Lite the company is creating an entry-level Point of Sale product that will serve the smallest businesses. SumUp is expanding the product suite for businesses of all sizes, building on the success of the POS solution.
According to SumUp co-founder Marc-Alexander Christ, “SumUp has consistently delivered cutting edge technology. Tools which supports and serves the global small and nano business community. By expanding our POS solutions, SumUp continues to provide merchants with tools needed to make a success of their business. Innovation is at our core, and SumUp is very proud to support over 4 million merchants around the world.”
POS Lite’s new features
POS Lite is an out-of-the-box Point of Sale solution that supports small merchants to perform smooth over-the-counter sales with a key set of features. Registering card and cash payments, to organising the merchant’s item catalogue, tracking earnings, and much more. It is ready for immediate use, comes with free pre-installed SumUp Point of Sale software, and no subscription charges. It is built entirely in-house by SumUp, based on merchant feedback.
The latest offering combines proprietary hardware (a 13” splashproof touchscreen, die-cast aluminium stand, and card reader). In addition to SumUp’s user-friendly software, accessible and easy-to-use interface and compatibility with multiple printers and cash-drawers.
The dedicated POS Lite hardware is built to keep up with everything that is happening on the counter of a small business. It offers merchants access to the entire SumUp ecosystem with products from invoicing to the online store and business account.
Processing multiple orders concurrently
SumUp POS Pro enables merchants to process multiple orders concurrently. Merchants from a range of sectors are capitalising on POS Pro’s capacity to efficiently handle several transactions at once. An example is a restaurant’s ability to route different orders – sending multiple table order tickets to the kitchen or bar all at once.
The technology can be used by merchants of any size, from small segments to large restaurants, coffee shops and stadiums. With SumUp POS Pro, merchants can access meaningful analytics, stock management, and reporting capabilities. This allows businesses to make smarter business decisions and boost their growth. Solutions can be adapted to a merchants’ needs as a company grows and evolves. SumUp says any company can seamlessly update the available technology and integrate it into a businesses’ workflow. POS products can be integrated with third-party software extensions such as delivery systems, click-and-collect, reservations and loyalty programmes.
Enterprise Times: What this means for business.
By merchant count, SumUp is set to become one of the leading POS solutions in Europe by the end of the year. This is not too surprising. The company has excelled in providing ambitious merchants and retailers with easy tools to run their business. Particularly for small businesses who don’t need a fully-fledged point of sale solution just yet. These new product announcements will accelerate that pace. With POS Lite, and the new and improved POS Pro, SumUp is in pole position.
However, the marketplace is full with similar offerings. SumUp’s competitors and similar companies include Nexi, Block, Arroweye Solutions and iZettle (owned by Paypal). So either SumUp will have to continue to dig deep into its innovative product roadmap. Or go large, and establish its presence with new POS solutions in the mid-enterprise market level. It will be interesting to see which direction the company will take in the next 18 months.
