Article at a Glance
Toss Place, challenging the offline 슬롯사이트 market by entering the 슬롯사이트 terminal market, has garnered attention within a year of launching its product due to the following reasons:
1. It focused on the usability of 슬롯사이트 terminals, which are essential for transactions and a critical touchpoint between stores and customers, but had not seen much innovation for a long time.
2. By identifying the limitations of a supplier-centric terminal market, it expanded the role of 슬롯사이트 terminals into a service platform that includes facial recognition 슬롯사이트s, focusing on solving problems for small business owners and self-employed individuals.
3. It understood the ecosystem of the terminal distribution 슬롯사이트 centered around VAN and VAN agency, and built a partnership of trust by sharing a vision of co-prosperity with VAN agency.
4. The hardware and software teams collaborated to design terminals with a neutral design that is aesthetically pleasing while ultimately highlighting the various services embedded in the device.
5. By analyzing customer feedback and conducting field tests, it quickly updated terminal features such as kiosk mode and point accumulation services, thereby increasing shopkeeper’s satisfaction.
슬롯사이트 terminals are the heart of offline 슬롯사이트s. Hundreds to thousands of credit card 슬롯사이트s are made in stores every day, and the livelihoods of small business owners depend on them. But in the 40 years since 슬롯사이트 terminals were first introduced in the 1980s, there hasn't been much user-facing innovation in this market. While the number of 슬롯사이트 methods has grown from credit cards to various online 슬롯사이트s, the design and usability of the terminals at the heart of 슬롯사이트s hasn't changed much. The ugly machines, which take up space on the tiny checkout lanes, were an integral part of the store, but one that retailers wanted to ‘hide’ as much as possible.
However, Toss Place, a subsidiary of big tech company Viva Republica (hereinafter referred to as Toss), has introduced Toss Front, a minimalist and sleek 슬롯사이트 terminal that can be proudly displayed at the front of the checkout counter. Unlike previous devices that can only make 슬롯사이트s, Toss Front is a new concept that can be updated with various service functions other than 슬롯사이트s by installing an app. For example, it displays 슬롯사이트 history when making 슬롯사이트s, images of new menus or events when paying, and kiosk mode when staff are busy, allowing them to customize customer service according to the situation.
Toss Front is spreading rapidly by word-of-mouth among young entrepreneurs who are running solo or small businesses in industries like cafes and bakeries. According to Toss Place, since its launch in March 2023, the cumulative number of Toss terminals, including Toss Front and Toss Terminal, a 슬롯사이트 terminal that also prints receipts, has exceeded 30,000 merchants in less than a year. The average monthly growth rate of new merchants was 43% in the year since launch. As of May 2024, the cumulative number of merchants is 40,000, and in May alone, the number of new merchants was 5,260, which is about 15% of the estimated 36,000 new merchant market per month. While Toss Place terminals still account for a small percentage of the total market, the rapid growth is considered unusual for this market.
