Datacap Systems Inc. is entering the softPOS arena with its new SureTap point-of-sale application, with which merchants can use their own devices. Any new transactions made with the application will contribute to the other bit of Monday’s POS news. The total value of global POS transactions are forecasted to reach $41.1 trillion in five years, says Juniper Research.

Chalfont, Pa.-based Datacap says SureTap enables merchants to use their own compatible devices, such as smart phones, as the hardware component in a transaction without having to buy or lease a dedicated POS terminal. Datacap says SureTap supports contactless transactions on NFC-enabled Android devices and relies on its payment gateway for connectivity to multiple processors.

Datacap says SureTap distinguishes itself in that the transaction data is not isolated just to the app. The data connects to Datacap’s platform to give merchants a unified view of the transaction regardless of which payment method was used.

SureTap uses the same API code used for traditional card-present terminals to ease the integration into the merchant’s POS system, Datacap says. Other features include consolidated reporting with other payment methods. Also, independent software vendors marketing SureTap control the pricing and retain customer ownership, Datacap says.

“By connecting softPOS support with credit, debit, ACH, eCommerce, and gift transactions via a unified commerce platform, SureTap helps our partners enable the full range of use-cases for their merchants; from in-store and mobile checkout to online and recurring payments, all via a single, seamless payments engine,” Justin Zeigler, Datacap vice president of product, says in a statement.

In related news, the value of global POS transactions are forecasted by Juniper Research to reach $41.1 trillion in 2031, a potential 37% increase from $30.1 trillion in 2026.