Vital by TSYS
Outstanding Performance > Best New Product
In January 2019, TSYS launched Vital Point of Sale (POS), a full-featured, cloud-based POS system designed to help small and medium-sized businesses run more easily and efficiently. Vital POS is a single place where business owners can access, in a simple and affordable way, elegant tools to manage their business. Vital consists of three products: Vital Mobile, Vital Plus and Vital Select.
Vital is disruptive because it represents a direct challenge to established systems such as Square and Clover. What sets it apart is its extraordinary back-office and business management capabilities that even smaller merchants can afford. Robust analytics and reporting are available across the entire product line. For example, merchants can evaluate which employees are performing best, which days are the busiest, which items in inventory are selling – and more.
Another important benefit is that Vital is based on a unified platform. Its product suite is built on the same back office software, enabling a single access point, which provides business owners with a seamless and integrated experience.
In addition to these industry-leading features, Vital’s unique distribution model enables TSYS’ partners to configure products to meet the needs of the small and medium-sized businesses they serve. This includes white-labeling Vital products or offering them at various price points.
Vital Mobile, Plus and Select were designed for the specific needs of different business environments and sizes – from low-volume mobile merchants using phones and tablets to accept payments to larger merchants with one or more brick-and-mortar locations.
TSYS (NYSE: TSS) is a leading global payments provider, offering seamless, secure and innovative solutions across the payments spectrum — for issuers, merchants and consumers. The company, which has approximately 13,000 team members and offices in 13 countries, generated revenue of $4.0 billion in 2018 while processing more than 32.3 billion transactions.