2014 was the year that Mobile Point of Sale applications (mPOS) took
off like a rocket. Deployments of mPOS were being launched around every corner
and existing mobile point of sale players began to tweak and expand their
products and integrate additional functionality into their existing POS
platforms. Industry experts in unison ended the year convinced that 2014 was
the year that truly proved that mPOS was well on its way to changing the retail
payment landscape for evermore.
Net Element Inc. subsidiary Aptito LLC recently rolled out version 2.3
of its cloud-based mobile point-of-sale platform. Aptito’s all-in-one
restaurant and bar POS and business management software gives restaurants the
tools to reduce payroll costs, improve efficiency, and increase customer
satisfaction. The new mPOS version 2.3 is optimized for iOS 8.1.2 and is
compatible with any iPhone 4 through 6, as well as the iPod Touch.
Mr. Oleg Firer, Net Element’s CEO noted, “We are continuously advancing
our technology to enhance product functionality for the benefit of our
customers, and today we’re pleased to introduce to the marketplace our latest
innovation, Aptito mPOS version 2.3. One of the primary features of the new
mPOS platform is its extended compatibility and significant overall redesign.
Together, these updates and improvements result in numerous innovative
advantages.”
mPOS version 2.3 includes numerous innovations such as:
• Apple iOS 8.1.2,
iPhone 6 & 6 Plus optimization
• Pay at the table
functionality using secure, card reader technology
• Cardholder signature
screen on checkout with signature capture and storage
• User interface
redesign for greater simplicity in operation
• Local server
integration supporting internet downtime and offline mode
Average monthly rate of software licensing revenue for the platform
increased 8.2% when NETE rolled out Aptito 2.0 in Q4 last year. The Company
anticipates continued momentum from the release of mPOS version 2.3.
Net Element, a technology company, specializes in mobile commerce and
payment processing for electronic commerce in the United States, Russia, and
the Commonwealth of Independent States. It operates in one segment,
Transactional Processing and Mobile Payment Solutions. The company provides
technology and services that businesses require to accept cashless transactions
for the SME business under the Unified Payments brand. The company is based in
North Miami Beach, Florida.
For more information on the company, visit www.netelement.com
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