What is SoftPOS?

SoftPOS, or Software Point of Sale, allows businesses to accept contactless payments using only a smartphone. This game-changing solution replaces costly terminals with a mobile-friendly approach, giving merchants the freedom to serve customers anytime, anywhere. 

The number of merchants using SoftPOS is expected to skyrocket from six million in 2022 to 34.5 million by 2027—a 475% increase. This growth aligns with the overall rise in contactless payments, which are projected to more than double in the same time period.

Leading the charge is DCGlass—our all-new SoftPOS offering that is designed to make accepting payments simple, fast, and cost-effective. Let’s dive into why SoftPOS technology is reshaping the market and how DCGlass is bringing a new era of flexibility, affordability, and powerful data insights to businesses like yours.

Challenges with Traditional POS Systems

For years, traditional POS systems were the standard for accepting payments, but they come with a set of challenges that are increasingly difficult for modern businesses to justify:

• High costs: Setting up a traditional POS system requires a significant investment, with setup costs ranging from $3,000 to over $10,000 annually, plus additional maintenance expenses. These costs can be cumbersome, especially for small and mid-sized businesses that are already running on lean margins.
• Limited flexibility: Traditional POS systems rely on bulky terminals and hardware, making them difficult to transport or adapt to new settings. This lack of flexibility is a drawback for merchants who need mobility and convenience.
• Lack of real-time data: Traditional POS systems often lack comprehensive analytics, limiting your ability to track sales trends and make data-driven decisions. As your business grows, having real-time insights can help optimize operations and improve customer engagement.

These pain points make it clear that traditional POS systems are not the only way forward. Businesses today need agile and affordable solutions that can scale with them.

The Future of Merchant Payments: SoftPOS

SoftPOS technology is transforming the payments space by eliminating the need for costly POS hardware. With SoftPOS, all merchants need is a smartphone to accept payments, allowing them to sidestep the high costs and limitations of traditional systems. As more consumers prefer contactless options, SoftPOS is positioned to experience significant growth, with 71% of merchants believing it will replace traditional terminals in the near future.

This technology offers several advantages for merchants looking to modernize their payment processes:

• Minimal upfront investment: Unlike traditional POS systems, SoftPOS requires little to no upfront hardware costs, making it accessible for businesses of all sizes. With only a smartphone or tablet, you can start accepting payments immediately using devices you already own—simply by downloading an app.  
• Flexible payment options: SoftPOS solutions allow your business to accept contactless payments, including debit, credit, and prepaid cards, and provide the flexibility that today’s consumers expect.
• Enhanced data and analytics: A unified platform for real-time analytics allows merchants to track sales, understand customer preferences, and make data-driven decisions. 

Digital Commerce Payments recognized these benefits and developed DCGlass to provide merchants with an affordable, effective way to accept contactless payments.

Introducing DCGlass: The Ultimate SoftPOS Solution

DCGlass is our latest innovation, designed to help merchants like you accept payments with ease and flexibility. Using DCGlass, you can transform your smartphone or tablet into a fully functional payment processor, removing the need for traditional POS hardware. 

Here’s how simple it is to use DCGlass:

1. Download and setup

Simply download the DCGlass app from the Android app store and log in to your account.

2. Enter payment amount

When it’s time to pay, you’ll enter the dollar amount for the transaction directly into the app.

3. Customer tap

Customers can tap their physical or virtual card (Visa, Mastercard, debit, credit, or prepaid) on your smartphone or tablet to initiate the payment.

4. Instant processing

The transaction processes instantly, providing a seamless experience for both the merchant and customer.

5. Flexible receipt options

Customers can choose to receive their receipt via SMS, email, or a QR code, enhancing the contactless experience.

Benefits of DCGlass for Businesses

1. DCGlass Saves You Money with Lower Transaction Fees

DCGlass not only simplifies payment processing, but also offers cost advantages that benefit merchants of all sizes. While many payment processors charge the industry-standard rate of 2.9% + $0.30 per transaction, DCGlass offers a competitive fee of 2.75% + $0.25 per transaction. Plus, with daily and weekly settlement options, DCGlass allows you to access your funds on a schedule that suits your cash flow needs.

2. DCGlass Enhances Your Employee and Customer Experience

DCGlass is designed with flexibility in mind, making it perfect for dynamic environments like retail stores, restaurants, and service-based businesses. No longer confined to a single counter or cash register, your team can accept payments at any point in the store—whether you’re assisting customers directly on the sales floor or offering tableside payment options in a cafe. This mobility creates a smoother, more personal experience for customers and allows staff to stay engaged and attentive without being tethered to a single station.

Embrace the Future with DCGlass

The payment landscape is evolving, and with it, the tools that help businesses thrive. DCGlass offers a cost-effective and flexible solution for merchants ready to move beyond traditional POS systems. Ready to make the shift? Discover how DCGlass can simplify your payment processes, reduce your costs, and open up new opportunities for growth in a competitive market by booking your demo today.