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

PYMNTS Summer Series: The ‘Great Blending’ Sees Payments Migrate From Utility to Strategic Advantage
PYMNTS Summer Series: The ‘Great Blending’ Sees Payments Migrate From Utility to Strategic Advantage
July 07, 2022  |  Digital Payments

Merchants have traditionally viewed payments as a utility. As Dustin Young, senior vice president of acquirer solutions at Cybersource, told PYMNTS CEO Karen Webster, that...

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Revolut Takes on Square, PayPal in UK With POS Reader
Revolut Takes on Square, PayPal in UK With POS Reader
July 05, 2022  |  POS Innovation

Revolut announced Tuesday (July 5) the launch of Revolut Reader, a pocket-sized card reader designed to let merchants accept payments in person and on the...

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SoftPOS Drives EU Merchants’ Adoption of Contactless Payments
SoftPOS Drives EU Merchants’ Adoption of Contactless Payments
June 20, 2022  |  POS Innovation

Merchants who want to accept contactless payments, either by card or mobile wallet, have traditionally needed card readers to do so, but a new technology,...

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Hello Pay Debuts Business Solution Package for EMEA SMBs
Hello Pay Debuts Business Solution Package for EMEA SMBs
June 09, 2022  |  emea

Hello Pay has created a new turnkey suite of business solutions for small- to medium-sized businesses (SMBs) and entrepreneurs that will enable growth, cut costs...

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New Stripe Tool Aims to Improve EU Payment Authentications
New Stripe Tool Aims to Improve EU Payment Authentications
June 06, 2022  |  POS Innovation

Financial infrastructure platform Stripe has unveiled a delegated authentication feature that the company said is designed to improve payment conversion rates in Europe. As the...

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Lightspeed Commerce Launches B2B Platform
Lightspeed Commerce Launches B2B Platform
June 02, 2022  |  B2B Payments

Commerce platform Lightspeed has launched a B2B platform for North American fashion, outdoor, and sports retailers, the Montreal-based company announced Thursday (June 2). According to...

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Nexi to Buy BPER Banca Payment Unit for $412M
Nexi to Buy BPER Banca Payment Unit for $412M
June 02, 2022  |  Acquisitions

After months of negotiations, Italian payments group Nexi has agreed to pay as much as $412 million to buy the payments business of BPER Banca...

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Stripe Brings Its Terminal to Singapore
Stripe Brings Its Terminal to Singapore
June 02, 2022  |  Point of Sale

Financial infrastructure platform Stripe announced Thursday (June 2) that its Stripe Terminal is now available for businesses in Singapore. “While selling online has become easier,...

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Stayntouch Property Management Integrates With Tabit Point-of-Sale Systems for Mobile In-Stay Dining
Stayntouch Property Management Integrates With Tabit Point-of-Sale Systems for Mobile In-Stay Dining
May 17, 2022  |  Partnerships

Cloud-based hotel property management and contactless tech platform Stayntouch on Tuesday (May 17) integrated with mobile-first hospitality platform Tabit, which specializes in hotel restaurants, according...

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