Microsoft Wants to Change the Payment Infrastructure

The SMB market will be able to drive innovation by bringing generational changes to the payment infrastructure with Microsoft Dynamics – Point of  Sale 2.0 and Microsoft Dynamics Retail  Management System (RMS) 2.0. The two Microsoft solutions have been announced at the National Retail Federation Annual Convention & Expo in New York, and are the […]

The SMB market will be able to drive innovation by bringing generational changes to the payment infrastructure with Microsoft Dynamics – Point of  Sale 2.0 and Microsoft Dynamics Retail  Management System (RMS) 2.0. The two Microsoft solutions have been announced at the National Retail Federation Annual Convention & Expo in New York, and are the result of a collaboration between the Redmond Company and First Data Corporation and HP.

According to Microsoft, the Dynamics – Point of Sale 2.0 and the Dynamics Retail Management System (RMS) 2.0 are designed as PC-based point-of-sale solutions in concert with high-speed Internet connections in order to replace payment terminals and dial-up connections.

“Our vision of offering small and midsize retailers powerful and affordable technology innovation that drives strategic value is a reality,” said Satya Nadella, corporate vice president of the Microsoft Business Solutions Group. “At Microsoft we are excited to offer small and midsize retailers complete business solutions, education and support to empower people with the right information to transform today’s retail challenges into long-term success.”

“Microsoft Dynamics – Point of Sale helped us get through this past holiday season with ease, making it possible for us to ring up more dollars per hour than we ever could on an electronic cash register,” said Sarah Furstenberg, owner of Clover, a high-end toy and children’s furnishing store in Seattle. “With Microsoft Dynamics – Point of Sale we have been able to dramatically reduce lines at the cash register. The system allows staff to quickly look up items that may have lost tags and enter new inventory whenever it’s convenient — all with one less employee than we needed with an electronic cash register.”

Microsoft Dynamics – Point of Sale 2.0 features a graphical user interface commonly used across Microsoft's products. Via Dynamics – Point of Sale 2.0 SMBs will also be able to extend the storefront to the Internet.

Softpedia

Microsoft, Microsoft Dynamics, Microsoft Business Solutions Group