PayPal Holdings, Inc.has launched the Zettle Terminal in the UK, an all-in-one point of sale (POS) solution that offers increased mobility in-store for small businesses. The Zettle Terminal does not require a second device to be paired with and is designed to be easy to setup and use.
The release is well-timed with consumers making greater use of contactless cards and digital wallets, and contactless payments set to make up almost half (47 per cent) of all UK payments by the end of 2022. As small business owners work tirelessly to grow their businesses after the setback of the pandemic, the Zettle Terminal aims to support their recovery, providing a touchless POS solution to help them grow their business and better serve their customers.
“Small businesses, particularly in-person small businesses, have been disproportionately impacted by the pandemic. As consumer behaviour continues to move toward digital channels, small businesses need to digitise. With Zettle Terminal, we’re helping small businesses in the UK digitise to meet the needs of consumers who want a seamless commerce experience across all channels – in-store, online and on mobile,” shared Jim Magats, PayPal’s SVP payments and small business solutions. “The Zettle Terminal is a complete, mobile in-store and omnichannel solution that offers a range of flexible payment options and interoperability across eCommerce, accounting and banking partners to help businesses run seamlessly and efficiently.”
The Zettle Terminal comes with a pre-loaded SIM card; its combined WiFi and cellular connectivity means that small businesses are no longer dependent on fixed check-out points. It makes the checkout completely mobile; the seller is free to complete the entire checkout process, from start to finish, where the customer is. It can also be paired with a dock that has a built-in printer for on-the-spot receipt printing.
Following the HM Treasury’s decision to raise the contactless limit per transaction to £100, the Zettle Terminal helps to provide a secure tool for small business owners to efficiently process payments and frees up valuable time for customer service, engagement and interaction. It is available in the UK and will continue to roll-out across additional markets in Europe in 2021 and into 2022, and in the U.S. next year. In 2022, the Zettle Terminal will also feature an integrated barcode scanner which would provide a seamless checkout for customers on the go.
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