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The Evolution Of The Consumer Checkout Experience [Infographic]

 

The retail payment scenario is changing rapidly. With the advancement of mobile POS, every employee is now a potential cashier. First, credit cards replaced a substantial percentage of cash transactions; and now, smartphone-enabled digital wallets have the potential to phase out credit cards for in-store purchases.

This infographic, courtesy of Merchant Warehouse, covers the evolution of the customer checkout experience, from the pre-electronic era to the advent of NFC and EMV.

[click to expand]

EvolutionOfCheckout600

Source: Merchant Warehouse

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