EMV/POS Benchmark Assessment Service
Solution can optimize retailers' transaction processing.
Expanding its existing point-of-sale (POS) assessment methodologies, Boston Retail Partners’ EMV/POS Benchmark Assessment Service compares retailers' EMV processing time to leverage the best practices and help optimize POS and EMV transaction flow. The solution includes a thorough review of a retailer’s current POS and payment terminal environment including technology, customers and processes, as well as a time study analysis to benchmark the retailer’s environment to industry and retail segment averages. Then, the solution provides retailers with:
- A general review of the entire checkout process and ergonomics;
- Actionable steps to improve the speed of POS and EMV transaction processing;
- A review and recommendation on if, when and how to implement emerging technology enhancements;
- Analysis of mobile payments and mobile POS, and if retailers’ mobile solution is aligned with EMV strategy; and
- Insights into what’s coming next for EMV and other payment options so retailers can plan accordingly.