COVID’S EFFECT ON TERMINAL PROCUREMENT 

Due to the effects of COVID-19, the shipments for the PAX S300 and several Dejavoo devices appear to be on hold until May 1st, if not later. In this blog, we shed some light on the situation at hand, and share insight on terminals that could effectively be alternative options.

THE 2020 STRUGGLE WAS NO TOILET PAPER… NOW IT’S TERMINALS?

Remember that one time stores couldn’t seem to keep toilet paper on the shelves? Oddly enough, terminals seem to be the next hot topic for unnecessary deficiencies… Or at least for the merchant processing industry.

Are You Struggling with Receiving Shipments from Manufacturing Companies?

Perhaps some of you are aware of the growing battle between high demand and low supply in terms of POS terminals. PAX devices, along with Dejavoo pieces, have been largely impacted by the disconnect of shipments making it from Point A to Point B. We are here to give you the 411 on how this situation may impact your business as well as share possible solutions.

PAX Terminals

In this tug of war for terminals, the PAX S300 has taken the biggest hit. It currently holds the number one spot for POS and EMV semi-integrated solutions. After connecting with several of our vendors, it appears that every ounce of their stock is now depleted. It’s possible the inventory won’t be available until May 1st, if not later. So what’s the next step?

Below are some alternatives that are currently high in stock:

• PAX SP30

This device is the closest you will come to a S300. Their functions almost mirror each other completely, and come with the exact same cords. The benefits for choosing to use the SP30 is its lower price and its potential to be a permanent alternative for the S300.

• PAX A80

Dejavoo Terminals

This week, Dejavoo released an announcement that there will be an increase in their prices as a result of the device shortage. This inflation is set to initiate on May 1st, however Dejavoo is offering a discount for those who are able to use a device without a dial up connection.

On top of that, they announced that the cheaper Z8 model is out of stock and are unsure when the next shipment will arrive in the US. The Z11 is an available option, although recent issues with software have caused the company to send out additional replacement. That said, the stock numbers for that device may decrease quickly.

Why Cash Discounting is Important

This shortage issue has the potential to negatively impact businesses in multiple ways. However, Cash Discounting presents an important opportunity for these cases. There is an expected influx toward third party applications for cash discount opportunities. If and when this arises, it is vital that your relationship managers are willing and able to provide a cash discount option for various devices.

Click here to learn more.