MPOS partner Storehub

  1. 23,485 Posts.
    lightbulb Created with Sketch. 928
    DBS bank is a mastercard FRX client

    Heres an interview with storehub boss in DBS business class magazine

    HAVE A LOOK AT WHAT STOREHUB ARE DOING


    also worth looking into what Maxis do


    https://www.storehub.com/blog/storehub-pay-malaysia-first-chip-pin-mpos-terminal/





    https://www.vertexventures.sg/news/...-b-and-retail-platform-across-southeast-asia/



    https://www.dbs.com.sg/documents/27...4-b6a8-9817-0fdc-78744cd9a0fc?t=1568618534054


    page 37

    STOREHUB Interview with company founder Fong Wai Hong Technology company StoreHub offers retailers a cloud-based point-of-sales (POS) and inventory management system that allows them to keep track of their stock in real time on their mobile devices. How did the idea for using the technology come about and whom was it designed for? While travelling, I met a friend in Fuzhou who was running a chain of lingerie retail stores. He had just implemented a new POS system that was horrible. I agreed to speak to his developer but got incredibly frustrated with their lack of a drive to improve the system. This frustration led me to explore the idea of building a great POS system to solve this pain and eventually led to the birth of StoreHub. The technology is proprietary was built with retailers in mind from Day One.  What has been the response so far? We have over 460 stores using the system. We have retailers of all shapes and sizes ranging from boutiques to cafes as well as both independent stores and franchise outlets. Some of our bigger customers include Shell, Maxis, Flexiroam and Sangkaya. The retailers have embraced the technology and have found the convenience that comes from having everything in the cloud to be a great advantage for them. What kind of capabilities does your solution have? We have a beautiful POS system that runs on the iPad, as well as tools for inventory management, basic CRM and reporting.  What problems does this technology solve for retailers? Traditionally POS systems have been complicated, ugly and expensive. We bring an incredibly intuitive and affordable solution that SME retailers can enjoy without the typically costs associated with these solutions. Also, we have a fanatical focus on great design and the finer details because we believe technology can make retail systems easy to use by anyone and not just the technically savvy. Why have some retailers been resistant to using such this technology?  We find that retailers who do not look at store reports or the data very much will find it difficult to adopt the technology. Also, moving away from an existing system that is not ‘broken’ to a system that will drive value in other ways may prove difficult to some because of the high initial investment cost that was ploughed into the previous system before. Some retailers would find it a ‘waste’ to throw away their existing systems.
    Last edited by gizard: 17/02/21
 
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