Alternet Systems, Inc. (ALYI) Targeting Modernization of Legacy Point of Sale Infrastructure through MUXI Partnership
The global point of sale software industry climbed to $3.2 billion in 2014, according to TechNavio, and additional growth is expected in the years to come. While the market has traditionally been led by major players such as Verifone (NYSE: PAY), First Data (NYSE: FDC) and Oracle (NYSE: ORCL), evolving consumer preference and the emergence of new payment technologies – including self-checkout and wireless point of sale terminals – has created inviting conditions for companies with innovative products that address unmet demands. Just last week, mobile payments firm Square (NYSE: SQ) reaffirmed these conditions when it commenced trading on the…