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Point of sale system at top venues

Payment start-up among Fringe performers

EPOSA young Scottish start-up which has developed a pioneering payments system is operating at various Fringe venues.

The firm expects its electronic point of sale app (EPOS) to handle more than £4 million involving 750,000 transactions.

Intelligent Point of Sale, based in Edinburgh, said the cloud-based system is being used on more than 80 terminals by pop-up bar and event operators during the festival, including The Stand and The Corn Exchange.

The company is increasing subscriptions to its service at twice the rate of sign-ups six months ago and posted a turnover in excess of £1m in 2015, only its second year of trading.

The company targets SMEs in the hospitality sector and sales to festival operators is particularly strong. New client, Wonder Bars, operated 15 iPad terminals with the intelligentpos software across its six bars at Glastonbury 2016.

Robin Knox, co-founder and chief executive, said: “Within the festival environment, the most important benefits that an EPOS system can deliver are speeding-up service to cut queues at the bar, integrating chip and pin with contactless payments and cash, and providing reliable stock control.

“Our software does all of this and a great deal more from an iPad and we’re delighted that Intelligent Point of Sale will be at this year’s Edinburgh Fringe in even greater numbers.”

Photo: Co-founders Robin Knox and Paul Walton (contributed)

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