The traditional payment terminal's future took another hit this week with ShopKeep POS announcing plans to integrate Dwolla and LevelUp mobile payments into its iPad-based checkout system.
Dwolla and LevelUp users soon will be able to pay with their mobile phones at more than 3,000 ShopKeep POS merchants, ShopKeep announced Sept. 12.
"We are consistently looking to align ourselves with agile companies in the mobile-payments space to make the process of doing business more efficient for store operators," Jason Richelson, ShopKeep POS CEO and founder, said in the release.
ShopKeep POS used the technology to authenticate customers recently at a film festival in conjunction with PayPal. When Starbucks announced its $25 million investment in Square Inc., which uses a similar technology to PayPal's to identify customers in stores and support point-of-sale payments, investors began selling off VeriFone Systems Inc. stock on the belief the days traditional payment terminals soon might be over.
VeriFone CEO Doug Bergeron reacted by calling such views misguided, telling analysts last week that most retailers "don't want multiple terminals on their counter."
ShopKeep contends its integration with Dwolla and LevelUp will help merchants clear up their countertop clutter.
Similar to the PayPal experience, ShopKeep POS will integrate Dwolla and LevelUp right into the iPad-based register as an alternate way for customers to complete their payment, ShopKeep says.
"Dwolla is saving owners tens of thousands of dollars every day in traditional card fees, so integrations like these demonstrate the dedication ShopKeep has to bringing meaningful solutions to small-business owners," Ben Milne, Dwolla's CEO and founder, said in the release. "Dwolla was designed to play nicely with cloud-based solutions, but what ShopKeep has done at the checkout goes beyond the plug-and-play solutions we provide. They've created a downright simple, valuable and compelling experience for the end user."
For $49 per month, ShopKeep POS rings sales, processes credit cards and mobile payments, prints receipts and prints orders remotely. Merchants also can manage sales in real time on their smartphone, track inventory and customers, and view ClearInsight reports.