Hospitality Point-of-Sale Shipments Continue Growth with Restaurants Leaping 16 Percent in 2003

Wednesday 2 June 2004 07:38 CET | News

Point-of-sale installations at restaurants in the United States and Canada leaped by 16 percent in 2003, with equally strong growth expected for 2004, according to a new market technology study by IHL Consulting Group.

Five different segments within hospitality, from quick-service dining to casinos and cruise ship, are analyzed in the study. Unlike other retail outlets, which have largely embraced POS technology, restaurants and bars still use electronic cash registers at nearly two-thirds of check-out points. Additional details in IHLs 2004 North American Hospitality Point-of-Sale Terminals Market Study include the overall market value for hardware, software, peripherals and maintenance; installed base of technologies and operating systems, POS shipments, biometric technologies, handheld wireless terminals and more.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce