Point of sale devices are the bread and butter of commerce these days, yet new solutions have to be found to make these terminals more accessible. Rather than dealing with an intricate cashier and computer system, German startup Orderbird offers a point of sale device for iPad users. Moreover, they secured 20 million EUR in funding.
Point of Sale for iPad Users In A Business Setting
The way consumers and businesses think about payments is changing, and convenience is becoming the norm for all parties involved. As a merchant, accepting card payments is a costly business, as they need to rent or buy a payment terminal. Additionally, there are transaction fees, monthly charges, and chargeback concerns to take into account.
Orderbird will not solve all of these problems at once, but they are introducing an attractive alternative. By putting together a point of sale payment solution which can be used by any iPad user in the world, running one’s own business and accepting payments become a lot more attractive.
Some of the selling points for Orderbird are its wireless ordering, integrated card payments, discounts, splitting bills, and multiple payment options. Cutting down the time between a waiter taking the order and getting it passed along to the rest of the staff, makes the day-to-day operation more smooth. Additionally, this will help increase sales, as customers can be served faster.
Orderbird users can accept EMV and CHIP card payments, without paying a signup or monthly fee, and there is no contract commitment either. Additionally, mobile payments are possible as well, and Apple Pay and other NFC-compatible payments are accepted. Depending on which type of features the customer is looking for, licensing fees may apply.
What is even more appealing is how the company delivers an entire startup kit for US$699. This included a free card reader, a preconfigured receipt and docket printer, and individual training. Software and service can be purchased separately, which can be custom-tailored to suit every individual’s needs.
Now that Orderbird raised 20 million EUR in funding, the company plans to further develop their product and expand to additional countries in Europe. Among the investors were Digital+ Partners, Metro Group, and Coincardis. Cash registers are transforming, and portability is becoming the new norm by the look of things.
Source: TechCrunch
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