Google Wallet to push retailers to EPOS.

With Internet giant, Google, now moving forward into the mobile

payment system, retailers look likely to be pushed further into updating their own electronic point of sale systems.

Google Wallet is the new technology, which will allow customers to buy goods in store via smartphones by simply tapping their handset on a reader, speeding up the payment process, and will be available at the end of this month.

Scott Storey, Managing Director of technology solutions firm CTS Retail, argues, ‘“The introduction of Google Wallet will mean that many retailers will have to seriously look at their provision.

“It is an inevitable part of retail evolution. In the same way that we have moved from the audio cassette to CDs, to Digital download with music, I can see the migration of payment methods from cash to cheque, to debit /credit cards and now the latest technology - mobile phones with applications such as Google Wallet.”

“The modern consumer wants a complete, simple, stress free shopping experience regardless of channel, so I believe that we will see a slow adoption of this technology driven by consumer demand,” Storey added.