Future Group to launch new PoS system with payment tech firm LivQuik

Future Group, on of the country's largest retailers, is to launch a new point-of-sale (PoS) system, with payments technology company LivQuik. The latter, in turn, has partnered with US-based Poynt, an open commerce platform. 

The platform, based on Poynt’s 'Smart Terminals', would be an Android-based operating system and have cloud-enabled management tools. “It provides an application eco-system that empowers merchants to grow their businesses with better inventory management, supply chain integration, and loyalty programmes. For consumers, it will provide a fast and secure checkout process, using their payment method of choice,” the company said.

According to sources, Future is trying