POS

The point of sale or point of purchase is the time and place where a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer, and indicates the options for the customer to make payment.

Source: en.wikipedia.org

Shift4 Acquires Majority Stake in Vectron, Completes Purchase of Revel
Shift4 Acquires Majority Stake in Vectron, Completes Purchase of Revel
June 14, 2024  |  Acquisitions

Shift4 has acquired a majority stake in Vectron Systems, a supplier of point-of-sale (POS) systems to the restaurant and hospitality verticals in Europe. This acquisition...

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Pipe Aims $100 Million at Embedding Working Capital Solutions Into Business Software
Pipe Aims $100 Million at Embedding Working Capital Solutions Into Business Software
June 11, 2024  |  SMBs

The most valuable solution is the one that is there when you need it. And for America’s millions of small and medium-sized businesses (SMBs), they...

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Merchants in Italy Can Now Process Payments Using iPhones
Merchants in Italy Can Now Process Payments Using iPhones
May 29, 2024  |  Point of Sale

Payment service providers Nexi, Adyen and Stripe are enabling merchants in Italy to process payments using their iPhones. Nexi already offered business owners this option...

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Lightspeed CEO Points to B2B Sales as Next Engine of Small Merchant Growth
Lightspeed CEO Points to B2B Sales as Next Engine of Small Merchant Growth
May 18, 2024  |  Point of Sale

Profit is the applause a business gets from its customers. So the saying, originally from business author Ken Blanchard, goes. Blanchard’s quip highlights the fact...

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Consumers’ Click-and-Mortar™ Expectations Shape Shopify’s Future
Consumers’ Click-and-Mortar™ Expectations Shape Shopify’s Future
May 08, 2024  |  Earnings

Digital may have changed the face of retail, but consumers continue to want to shop in stores, demanding that even the most eCommerce-centric companies such...

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Epos Now Considers Sale of Minority Stake
Epos Now Considers Sale of Minority Stake
May 01, 2024  |  Point of Sale

British payments group Epos Now is running a private placement process to sell a minority stake in the business and bring on a strategic partner...

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Toast Debuts Restaurant Marketing Tools as Diners Show Caution
Toast Debuts Restaurant Marketing Tools as Diners Show Caution
May 01, 2024  |  ResTech

Restaurant technology platform Toast has debuted digital storefront and marketing tools. Toast’s Digital Storefront Suite offers website and online ordering capabilities, while its Marketing Suite...

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GoDaddy Debuts Pocket-Sized POS for Small Businesses
GoDaddy Debuts Pocket-Sized POS for Small Businesses
April 25, 2024  |  POS Innovation

Web provider GoDaddy has introduced a smaller point-of-sale (POS) tool for small businesses. Smart Terminal Flex, announced Thursday (April 25) is designed to fit inside an apron...

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Adyen Reports Digital Transactions Rise 51% as Enterprises Increase Volume
Adyen Reports Digital Transactions Rise 51% as Enterprises Increase Volume
April 25, 2024  |  Earnings

Dutch payments firm Adyen saw its digital processed volume leap 51% year over year during the first three months of 2024. This happened during a...

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