# Mobile Payment Systems Innisfree Has Introduced POSPi's Mobile POS Solution By Joey Haar | Published 2017-01-20 | Business Source: Trend Hunter, https://www.trendhunter.com/trends/mobile-pos-solution References: [businesswire](http://www.businesswire.com/news/home/20170112005349/en/) & [innisfree.cn](http://www.innisfree.cn/) [Innisfree](https://www.trendhunter.com/trends/innisfree-store) has recently introduced POSPi's mobile POS solution at its [Grand Hyatt Shanghai](https://www.trendhunter.com/trends/grand-depths-exhibit) location. The system promises to make payments quicker, simpler, and more secure than in the traditional retail environment. The new mobile POS solution at Innisfree is the product of the collaboration between the cosmetics retailer, POSPi, and the [Bank of China](https://www.trendhunter.com/trends/mobile-banking-apps). Including the financial institution in the collaboration allows consumers to make purchases on their smartphones from directly within the aisles, removing the need to wait in line at checkout. With the new system, Innisfree staff are each equipped with a connected scanning tool. When a consumer shopping in the store decides to purchase an item, they can contact any staff member and have them scan that product. Then, staff use the mobile POS device to scan consumers' phones and complete the sale. ## Trend Insights (Trend Hunter) - Score: 2.5/10 - Popularity: 25% | Activity: 42% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: Asia ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [Retail](https://www.trendhunter.com/retail) ## Key Themes ### Why This Trend Is Growing - **Mobile Payment Systems:** the collaboration between Innisfree, POSPi, and the Bank of China showcases the potential for mobile POS solutions to revolutionize the retail industry. - **Digital Transactions:** the implementation of mobile POS devices at Innisfree highlights the increasing reliance on digital transactions in the retail sector. - **Seamless Checkout Experience:** the new mobile POS solution at Innisfree demonstrates the demand for a seamless checkout experience that eliminates traditional waiting in lines. ### Industries Being Reshaped - **Cosmetics Retail:** the integration of mobile POS technology in Innisfree's stores presents disruptive innovation opportunities for the cosmetics retail industry. - **Financial Technology:** the collaboration between Innisfree, POSPi, and the Bank of China indicates the potential for disruptive innovation in the financial technology sector. - **Retail Technology:** the implementation of POSPi's mobile POS solution at Innisfree showcases the disruptive innovation potential in the retail technology industry. ## Related on Trend Hunter - [Cost-Effective POS Systems](https://www.trendhunter.com/trends/sound-pos.md) - [Anti-Overspending POS Systems](https://www.trendhunter.com/trends/wealth-management-pos-concept.md) - [Convenient Portable POS Devices](https://www.trendhunter.com/trends/square-handheld.md) - [Australian Mobile Payment Platforms](https://www.trendhunter.com/trends/eftpos-eqr-payments.md) - [Accessibility-Focused POS Systems](https://www.trendhunter.com/trends/payment-terminal-solutions.md) - [Tablet-Based POS Units](https://www.trendhunter.com/trends/petrosoft-smartpos-tablet-edition.md) - [Cloud-Based PoS Tools](https://www.trendhunter.com/trends/oroton.md) - [Hybrid Self-Checkout Systems](https://www.trendhunter.com/trends/mini-bora-bora-pos-system.md) - [AI-Powered Payment Systems](https://www.trendhunter.com/trends/mashgin-1.md)