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

Mobile Wallets Offer Egypt Digital Transformation and Use Case Expansion
Mobile Wallets Offer Egypt Digital Transformation and Use Case Expansion
August 18, 2022  |  Payments Innovation

According to World Bank data, in 2021 just 22% of the Egyptian population over the age of 15 owned a debit or credit card, and...

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Payments Solutions Firm Cardknox Integrates With Verifone Terminals
Payments Solutions Firm Cardknox Integrates With Verifone Terminals
August 16, 2022  |  Point of Sale

Payment solutions provider for developers Cardknox is integrating with end-to-end payment solution firm Verifone to enable merchants to keep up with the latest consumer payment...

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UAE Startup Dukkantek Raises $10M to Grow Retail POS System
UAE Startup Dukkantek Raises $10M to Grow Retail POS System
August 15, 2022  |  Investments

Dukkantek, a provider of store management platforms based in the United Arab Emirates, announced it has raised $10 million in pre-Series A funding. The company,...

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RT² Closes Acquisition Deal for IAS to Expand to Canada, Puerto Rico
RT² Closes Acquisition Deal for IAS to Expand to Canada, Puerto Rico
August 03, 2022  |  Acquisitions

Enterprise software platform Real Time Technologies (RT²) closed an acquisition deal for payment processing services provider InComm Agent Solutions (IAS), a subsidiary of InComm Payments,...

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Are People Paying with Crypto Really Trying to ‘Stick It to the Man’?
Are People Paying with Crypto Really Trying to ‘Stick It to the Man’?
August 02, 2022  |  Cryptocurrency

Paying in crypto is supposed to lower the fees people pay when they purchase things by cutting out the middlemen like banks, credit card firms...

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PeP Acquires Polish Mobile POS App Simapka
PeP Acquires Polish Mobile POS App Simapka
July 28, 2022  |  POS Innovation

Polskie ePłatności (PeP) has acquired a majority stake in Team4U, the owner of Simapka, a mobile app for owners of shops and service points of...

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Sionic, MX Partner Team on Consumer Bank Payments
Sionic, MX Partner Team on Consumer Bank Payments
July 27, 2022  |  Payment Methods

Consumer-to-business (C2B) payments firm Sionic on Wednesday (July 27) announced a partnership with open finance platform MX that will help to link consumer bank accounts...

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BHG Financial’s New POS Financing Solution NaluPay Gains Traction With Merchants
BHG Financial’s New POS Financing Solution NaluPay Gains Traction With Merchants
July 14, 2022  |  Point of Sale

Working capital and unsecured consumer loan company BHG Financial has launched the point-of-sale (POS) financing solution NaluPay to provide merchants with the ability to offer...

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Lightspeed Streamlines Payments Processing for Golf Industry
Lightspeed Streamlines Payments Processing for Golf Industry
July 13, 2022  |  eCommerce

Point-of-sale (POS) and eCommerce software provider Lightspeed Commerce is launching an expanded version of its payments processing solution to meet the needs of the golf...

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