Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

GoDaddy and Gojek look to provide omnichannel point-of-sale support for small businesses

Published by Business Insider on Thu, 17 Dec 2020


<bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>Both GoDaddy and Gojek have expanded their offerings to include physical point-of-sale (POS) technology to help small businesses adapt to the evolving commerce landscape.</p><p><img style="float:right;" src="https://static3.businessinsider.com/image/5fdb57a1c910a400192e8034-2395/cash acceptance among businesses during the pandemic.png" border="0" alt="The coronavirus pandemic has accelerated the need for integrated online and offline POS offerings" data-mce-source="Insider Intelligence"></p><ul><li>GoDaddy agreed to&nbsp;<a href="https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly9hYm91dHVzLmdvZGFkZHkubmV0L25ld3Nyb29tL25ld3MtcmVsZWFzZXMvcHJlc3MtcmVsZWFzZS1kZXRhaWxzLzIwMjAvR29EYWRkeS1BY3F1aXJlcy1Qb3ludC1FeHBhbmRzLUNvbW1lcmNlLVNlcnZpY2VzLXdpdGgtT2ZmbGluZS1TYWxlcy1hbmQtSW50ZWdyYXRlZC1QYXltZW50cy9kZWZhdWx0LmFzcHg/5d233c18f730436f2414784fBf3416cab" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly9hYm91dHVzLmdvZGFkZHkubmV0L25ld3Nyb29tL25ld3MtcmVsZWFzZXMvcHJlc3MtcmVsZWFzZS1kZXRhaWxzLzIwMjAvR29EYWRkeS1BY3F1aXJlcy1Qb3ludC1FeHBhbmRzLUNvbW1lcmNlLVNlcnZpY2VzLXdpdGgtT2ZmbGluZS1TYWxlcy1hbmQtSW50ZWdyYXRlZC1QYXltZW50cy9kZWZhdWx0LmFzcHg/5d233c18f730436f2414784fBf3416cab&amp;source=gmail&amp;ust=1608294417434000&amp;usg=AFQjCNFNDxD-zwx6uwTrOkLhVq86UOAVGA"><u>acquire</u></a> POS technology firm Poynt for $365 million. The ecommerce service provider plans to bundle its own website services with Poynt's POS offerings to help small businesses accept payments online and offline and build a connected commerce experience for their customers. Poynt's POS device, <a href="https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cucG95bnQuY29tL2ZhcQ/5d233c18f730436f2414784fBacf15447" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cucG95bnQuY29tL2ZhcQ/5d233c18f730436f2414784fBacf15447&amp;source=gmail&amp;ust=1608294417434000&amp;usg=AFQjCNHJwdMG9i6alScoW_aYDdaxlgI8-w"><u>Smart Terminal</u></a>, allows merchants to accept chip, magnetic stripe, or contactless credit and debit card purchases as well as QR code or NFC-powered mobile payments, helping GoDaddy move toward offline business. The cash and deferred payment deal is expected to close in early 2021.</li><li>Gojek&nbsp;<a href="https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cudGVjaGluYXNpYS5jb20vZ29qZWstbGF1bmNoZXMtcG9pbnQtc2FsZS1kZXZpY2UtZ29iaXotcGx1cy1tc21lcy1pbmRvbmVzaWE/5d233c18f730436f2414784fB16e49402" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cudGVjaGluYXNpYS5jb20vZ29qZWstbGF1bmNoZXMtcG9pbnQtc2FsZS1kZXZpY2UtZ29iaXotcGx1cy1tc21lcy1pbmRvbmVzaWE/5d233c18f730436f2414784fB16e49402&amp;source=gmail&amp;ust=1608294417434000&amp;usg=AFQjCNEHTV05740zv7FtpOEfi_WTAGL1Sg"><u>introduced</u></a>&nbsp;a mobile POS (mPOS) device for micro- and small- to medium-sized enterprises (MSMEs) in Indonesia.&nbsp;The Indonesia-based multiservice firm expanded its merchant super app GoBiz to include GoBiz Plus, a mPOS device that lets businesses accept cashless payments via debit and credit cards, the standard Indonesian QR code system, and mobile wallets like&nbsp;<a href="https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cuZW1hcmtldGVyLmNvbS9jb250ZW50L2ZsaXBrYXJ0LXMtcGhvbmVwZS03MDAtbWlsbGlvbi1jYXNoLWluamVjdGlvbi10aGFua3MtcGFydGlhbC1zcGlub2Zm/5d233c18f730436f2414784fBec6fac6a" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cuZW1hcmtldGVyLmNvbS9jb250ZW50L2ZsaXBrYXJ0LXMtcGhvbmVwZS03MDAtbWlsbGlvbi1jYXNoLWluamVjdGlvbi10aGFua3MtcGFydGlhbC1zcGlub2Zm/5d233c18f730436f2414784fBec6fac6a&amp;source=gmail&amp;ust=1608294417434000&amp;usg=AFQjCNGaM0AbELzDmZws7bKqkPYoLq2nJA"><u>GoPay</u></a>&nbsp;and LinkAja. Merchants will also be able to use the device to record orders, update menus and pricing, and print receipts, positioning Gojek to use GoBiz Plus to grow its merchant partner base.</li></ul><p>The coronavirus pandemic has accelerated the need for integrated online and offline POS offerings.&nbsp;Faced with pandemic-driven temporary store closures, many small- and medium-sized businesses (SMBs) were&nbsp;<a href="https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cuYnVzaW5lc3N3aXJlLmNvbS9uZXdzL2hvbWUvMjAyMDEwMDgwMDUyMzIvZW4vU21hbGwtQnVzaW5lc3Nlcy1GZWVsLUJpZ2dlc3QtSW1wYWN0LW9mLUNvcm9uYXZpcnVzLVBhbmRlbWlj/5d233c18f730436f2414784fBe65dbd16" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cuYnVzaW5lc3N3aXJlLmNvbS9uZXdzL2hvbWUvMjAyMDEwMDgwMDUyMzIvZW4vU21hbGwtQnVzaW5lc3Nlcy1GZWVsLUJpZ2dlc3QtSW1wYWN0LW9mLUNvcm9uYXZpcnVzLVBhbmRlbWlj/5d233c18f730436f2414784fBe65dbd16&amp;source=gmail&amp;ust=1608294417434000&amp;usg=AFQjCNGubiW6UlOciAgJB8XEFd7OtcuI-Q"><u>forced</u></a>&nbsp;to bring operations online to maintain customer relationships.</p><p>This transition brought the challenge of integrating payment and order management processes into online systems. In response, companies like ecommerce platform provider Shopify and restaurant software solutions firm Toast have <a href="https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cuZW1hcmtldGVyLmNvbS9jb250ZW50L3NtYWxsLWJ1c2luZXNzLXBvaW50LW9mLXNhbGUtYmF0dGxlLWhlcmVzLWhvdy1wb2ludC1vZi1zYWxlLXByb3ZpZGVycy1jYW4tYWRhcHQtdGhlaXItb2ZmZXJpbmdzLWZvci10aGUtY29yb25hdmlydXMtcGFuZGVtaWMtdG8td2luLW92ZXItc21hbGwtYnVzaW5lc3Nlcy0yMDIwLTEw/5d233c18f730436f2414784fBa6268511" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cuZW1hcmtldGVyLmNvbS9jb250ZW50L3NtYWxsLWJ1c2luZXNzLXBvaW50LW9mLXNhbGUtYmF0dGxlLWhlcmVzLWhvdy1wb2ludC1vZi1zYWxlLXByb3ZpZGVycy1jYW4tYWRhcHQtdGhlaXItb2ZmZXJpbmdzLWZvci10aGUtY29yb25hdmlydXMtcGFuZGVtaWMtdG8td2luLW92ZXItc21hbGwtYnVzaW5lc3Nlcy0yMDIwLTEw/5d233c18f730436f2414784fBa6268511&amp;source=gmail&amp;ust=1608294417435000&amp;usg=AFQjCNHi2Ezkb_iZyhFKvCbPFB6Z40QSqA"><u>introduced</u></a>&nbsp;offerings to help businesses manage the transition.</p><p>When the pandemic fades and stores regain some popularity, SMBs that brought their business online during the pandemic might need a management and POS solution to efficiently integrate their online and offline processes and adapt to&nbsp;<a href="https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cyLmRlbG9pdHRlLmNvbS91cy9lbi9pbnNpZ2h0cy9lY29ub215L2NvdmlkLTE5L3VzLWNvbnN1bWVyLXBheW1lbnRzLXBvc3QtY292aWQuaHRtbA/5d233c18f730436f2414784fB339dcf5b" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cyLmRlbG9pdHRlLmNvbS91cy9lbi9pbnNpZ2h0cy9lY29ub215L2NvdmlkLTE5L3VzLWNvbnN1bWVyLXBheW1lbnRzLXBvc3QtY292aWQuaHRtbA/5d233c18f730436f2414784fB339dcf5b&amp;source=gmail&amp;ust=1608294417435000&amp;usg=AFQjCNFtBG60xhqrgswkvhqL79JP1KRewQ"><u>evolving</u></a>&nbsp;in-person consumer payment habits, especially amid the substantial rise of digital payments, like&nbsp;<a href="https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cuZW1hcmtldGVyLmNvbS9jb250ZW50L3VzLW1vYmlsZS13YWxsZXRzLWluLTIwMjAtYW5kLWJleW9uZC1wcm92aWRlcnMtYXJlLWJ1aWxkaW5nLWluY3JlYXNpbmdseS1mdWxsLXN1aXRlLW1vYmlsZS1wYXltZW50LXByb2R1Y3RzLXRvLWNhcHR1cmUtYS1zaGFyZS1vZi10aGUtcHJvamVjdGVkLXRyaWxsaW9uLWRvbGxhci1tYXJrZXQtaGVyZXMtd2hhdC1pbmN1bWJlbnRzLW5lZWQtdG8ta25vdy10by1hY2NvbW1vZGF0ZS10aGUtc2hpZnQtMjAyMC0y/5d233c18f730436f2414784fBfd20a1fa" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cuZW1hcmtldGVyLmNvbS9jb250ZW50L3VzLW1vYmlsZS13YWxsZXRzLWluLTIwMjAtYW5kLWJleW9uZC1wcm92aWRlcnMtYXJlLWJ1aWxkaW5nLWluY3JlYXNpbmdseS1mdWxsLXN1aXRlLW1vYmlsZS1wYXltZW50LXByb2R1Y3RzLXRvLWNhcHR1cmUtYS1zaGFyZS1vZi10aGUtcHJvamVjdGVkLXRyaWxsaW9uLWRvbGxhci1tYXJrZXQtaGVyZXMtd2hhdC1pbmN1bWJlbnRzLW5lZWQtdG8ta25vdy10by1hY2NvbW1vZGF0ZS10aGUtc2hpZnQtMjAyMC0y/5d233c18f730436f2414784fBfd20a1fa&amp;source=gmail&amp;ust=1608294417435000&amp;usg=AFQjCNEe-9o0ipYR8LTV7kyUf1KeSsGiMg"><u>mobile wallets</u></a>.</p><p>In the aftermath of the crisis, firms like GoDaddy and Gojek can build omnichannel POS offerings to appeal to SMBs. GoDaddy, which operates mainly online, has an opportunity to capture brick-and-mortar SMB interest with Poynt's POS technologyespecially since most SMBs mainly <a href="https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cyLmRlbG9pdHRlLmNvbS91cy9lbi9wYWdlcy90ZWNobm9sb2d5LW1lZGlhLWFuZC10ZWxlY29tbXVuaWNhdGlvbnMvYXJ0aWNsZXMvY29ubmVjdGVkLXNtYWxsLWJ1c2luZXNzZXMuaHRtbA/5d233c18f730436f2414784fBbaba575a" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cyLmRlbG9pdHRlLmNvbS91cy9lbi9wYWdlcy90ZWNobm9sb2d5LW1lZGlhLWFuZC10ZWxlY29tbXVuaWNhdGlvbnMvYXJ0aWNsZXMvY29ubmVjdGVkLXNtYWxsLWJ1c2luZXNzZXMuaHRtbA/5d233c18f730436f2414784fBbaba575a&amp;source=gmail&amp;ust=1608294417435000&amp;usg=AFQjCNHG3n1DOQyvh3-Obx3nfTk5qhdMRA"><u>operate</u></a>&nbsp;offline.</p><p>In doing so, the company can push its web services to a larger crowd while also penetrating the physical retail space. Meanwhile, Gojek can use GoBiz Plus to bring digital payment solutions to MSMEs. The pandemic helped <a href="https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cyLmRlbG9pdHRlLmNvbS9jb250ZW50L2RhbS9EZWxvaXR0ZS9pZC9Eb2N1bWVudHMvdGVjaG5vbG9neS1tZWRpYS10ZWxlY29tbXVuaWNhdGlvbnMvaWQtdG10LWFjY2VsZXJhdGluZy1kaWdpdGFsLXBheW1lbnRzLWxhbmRzY2FwZS1pbi1pbmRvbmVzaWEucGRm/5d233c18f730436f2414784fBaeba58e2" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://e.insiderintelligence.com/click/22409399.4/aHR0cHM6Ly93d3cyLmRlbG9pdHRlLmNvbS9jb250ZW50L2RhbS9EZWxvaXR0ZS9pZC9Eb2N1bWVudHMvdGVjaG5vbG9neS1tZWRpYS10ZWxlY29tbXVuaWNhdGlvbnMvaWQtdG10LWFjY2VsZXJhdGluZy1kaWdpdGFsLXBheW1lbnRzLWxhbmRzY2FwZS1pbi1pbmRvbmVzaWEucGRm/5d233c18f730436f2414784fBaeba58e2&amp;source=gmail&amp;ust=1608294417435000&amp;usg=AFQjCNFKpRbBgW_MUxZeDnWNKTxAJg2PZQ"><u>accelerate </u></a>digital payments in Indonesia, so merchants might take an interest in the offering. Going forward, other firms that focus on either online or offline retail might also look to update their offerings to cater to both spaces and reach more customers than they would've otherwise.</p><p><strong><em>Want to read more stories like this one' Here's how you can gain access:</em></strong></p><ol><li>Join other Insider Intelligence clients who receive this Briefing, along with other Payments &amp; Commerce forecasts, briefings, charts, and research reports to their inboxes each day. <a href="https://www.insiderintelligence.com/become-a-client/'IR=T&amp;itm_source=businessinsider&amp;itm_medium=content_marketing&amp;itm_campaign=briefing_postr&amp;itm_content=bottom_bullets&amp;itm_term=enterprise_text_link-godaddy-gojek-eyeing-omnichannel-point-of-sale-support-fo-smbs-2020-12">&gt;&gt;&nbsp;<strong>Become a Client</strong></a></li><li>Explore related topics more in depth. <a href="https://store.businessinsider.com/collections/payments-commerce'IR=T&amp;itm_source=businessinsider&amp;itm_medium=content_marketing&amp;itm_campaign=briefing_post&amp;itm_content=bottom_bullets&amp;itm_term=store_text_link-godaddy-gojek-eyeing-omnichannel-point-of-sale-support-fo-smbs-2020-12">&gt;&gt;&nbsp;<strong>Browse Our Coverage</strong></a></li></ol><p><strong><em><a href="https://subscriptions.emarketer.com/">Current subscribers can access the entire Insider Intelligence content archive here.</a></em></strong></p><p><a href="https://www.businessinsider.com/godaddy-gojek-eyeing-omnichannel-point-of-sale-support-fo-smbs-2020-12#comments">Join the conversation about this story &#187;</a></p>
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Daily News 24  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Softfootball  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs