NCR Silver Offers POS Gift Cards - Analyst Blog
21 Marzo 2013 - 5:47PM
Zacks
Apart from withdrawing money and
performing other banking transactions, NCR
Corporation’s (NCR), NCR Silver mobile point-of-sale (POS)
will now make it possible to load, manage and withdraw gift cards
from the Point-Of-Sale (POS) devices.
This is another innovative offering
from NCR as the company is coming up with new and innovative
products to attract customers.
The company has understood the
potential of gift cards and is all set to tap this market. A recent
study shows that approximately 61.0% of gift card recipients spent
an average amount of $29 more than the card value. This means
additional business for shop owners.
NCR’s strategy is evident from
the innovative products it has introduced in recent times.
NCR is targeting retail customers to boost its business volumes,
since big ticket corporate deals are a little difficult to win in
the current economic environment.
Some of the recent rollouts include
the StopLift Checkout Vision System (for making its self-checkout
POS more reliable and secure) and the Netkey Endless Aisle kiosk
application (to inform customers about product details and their
availability within the store).
Prior to that NCR introduced its
advanced store POS software, which provides the customer with
multiple and flexible buying and returning options and Pulse (a
mobile application for storeowners or managers to know the
inventory status).
This apart, NCR agreed to provide
its Mobile Shopper solution to a Wis.-based grocery chain, Woodman.
This mobile solution has particularly benefited retail customers by
saving time, which is generally wasted standing in line.
Although competitive forces from
companies like Diebold Inc. (DBD) have kept NCR
under pressure, winning new retail customers through innovative
product introductions is helping it to move ahead. This is helping
the company improve its business volume, which has been affected by
the recession in Europe and the U.S.
Currently, NCR Corp. has a Zacks
Rank #2 (Buy). Investors can also consider other technology stocks
such as Symantec Corp. (SYMC) , which carries a
Zacks Rank #1 (Strong Buy), and CA Inc. (CA) ,
which has a Zacks Rank #2 (Buy).
CA INC (CA): Free Stock Analysis Report
DIEBOLD INC (DBD): Free Stock Analysis Report
NCR CORP-NEW (NCR): Free Stock Analysis Report
SYMANTEC CORP (SYMC): Free Stock Analysis Report
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