News
First Data, Microsoft, HP offer automated POS solution
January 15, 2007
DENVER - First Data Corp., Microsoft Corp. and Hewlett-Packard have come together to create a point-of-sale solution for smaler retailers.
According to a news release, the First Data POS Value Exchange replaces a cash register and traditional POS terminal with a computer-based system that delivers a complete store-management solution with greater information security, speed of transactions and more flexible payment options for customers.
POS Value Exchange leverages First Data's payment processing power, Microsoft's Microsoft Dynamics - Point of Sale 2.0 software to manage inventory, track sales and improve customer management, and HP's retail-specific POS hardware.
The system includes a touchscreen display and the ability to accept virtually all forms of payment. It also allows retailers to track purchase behaviors and identify buying trends to improve inventory management and save valuable time.
The solution will be offered by First Data and First Data's participating alliance partners and independent sales organizations. Purchase and lease options will be available, with pricing set by the individual sales channels.
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