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

Consumers Seek Contactless Technologies for Live Event Concessions
Consumers Seek Contactless Technologies for Live Event Concessions
November 08, 2021  |  Digital Payments

Over the past 20 months, consumers have increasingly come to expect on-demand gratification and digital convenience when ordering food at home, and these expectations are...

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60% of Online Consumers Bail at Checkout Over Lack of Key Features
60% of Online Consumers Bail at Checkout Over Lack of Key Features
October 19, 2021  |  Point of Sale

Motivated by a desire to control their shopping experience, consumers have significantly shifted their activities to the digital space. Every digital touchpoint represents an aspect...

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Today in Restaurant and Grocery Tech: Domino’s Leans on Next-Gen POS; eGrocery Expands Internationally
Today in Restaurant and Grocery Tech: Domino’s Leans on Next-Gen POS; eGrocery Expands Internationally
October 14, 2021  |  ResTech

Today in restaurant and grocery tech news: Point-of-sale (POS) technology barrels towards the digital future, while online grocers expand to new countries across Europe. Plus,...

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Impacts of Failed Payments Matter More Than Actual Hard Cost
Impacts of Failed Payments Matter More Than Actual Hard Cost
October 07, 2021  |  Point of Sale

The cost of failed payments continues to be a prevalent issue in the payments industry and the many businesses it supports, causing inefficiencies that not...

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Marqeta, Figure Team on BNPL POS Solution
Marqeta, Figure Team on BNPL POS Solution
September 21, 2021  |  Buy Now Pay Later

Card-issuing platform Marqeta is providing the FinTech Figure with technology that will let users of the Figure Pay product decide at cash registers whether to...

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POS ResTech Firm Toast Eyes IPO up to $717M
POS ResTech Firm Toast Eyes IPO up to $717M
September 13, 2021  |  IPO

Boston-based point-of-sale firm Toast Inc., which focuses on restaurant technology, is contemplating a U.S. initial public offering (IPO) of up to $717 million, driving its...

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SpotOn Acquires Enterprise POS Provider Appetize to Expand Ability to Scale 
SpotOn Acquires Enterprise POS Provider Appetize to Expand Ability to Scale 
September 13, 2021  |  Partnerships / Acquisitions

Retail and restaurant point-of-sale (POS) system provider SpotOn has raised $300 million in Series E funding, which will be used to acquire digital and mobile...

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Seven Years Later, Only 6% of People with iPhones in the US Use Apple Pay In-Store When They Can
Seven Years Later, Only 6% of People with iPhones in the US Use Apple Pay...
September 07, 2021  |  Apple Pay

Remember this? It was about seven years ago – Sept. 9, 2014 – when Tim Cook took the stage at Apple’s WWDC and introduced Apple...

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Bridging Bars And Alcoholic Beverage Suppliers Through Data
Bridging Bars And Alcoholic Beverage Suppliers Through Data
August 26, 2021  |  B2B Payments

A relationship between a restaurant or bar and its alcoholic beverages suppliers is valuable and strategic, albeit complex. Alcoholic beverages undoubtedly make up a vital...

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