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

COVID-19 Could Push Merchant Surcharging To The Mainstream
COVID-19 Could Push Merchant Surcharging To The Mainstream
November 11, 2020  |  POS Innovation

A settlement some 10 years ago between card networks and merchants over swipe fees technically granted merchants the right to surcharge consumers who pay with...

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Square Earnings: Online Transactions, Square Card Spend See Gains
Square Earnings: Online Transactions, Square Card Spend See Gains
November 05, 2020  |  Earnings

Square posted third-quarter results Thursday (Nov. 5) that showed continued tailwinds in card not present transactions, a continued shift to larger seller contributions to gross payment...

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How BNPL Became This Holiday Season’s Hottest Payments Trend
How BNPL Became This Holiday Season’s Hottest Payments Trend
October 22, 2020  |  Buy Now Pay Later

At this point, half-a-year in and with no clearly defined end in sight just yet, the fact that we’re living in a changed world is...

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Why JPMorgan Wants A Piece Of The SMB POS Market
Why JPMorgan Wants A Piece Of The SMB POS Market
October 21, 2020  |  POS Innovation

For SMBs, what’s in the cards … are more card readers. To that end, the banking giant J.P. Morgan is focused on enabling payments for...

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Online Ordering, Contactless Delivery Drive Paytronix/Oracle Integration
Online Ordering, Contactless Delivery Drive Paytronix/Oracle Integration
October 06, 2020  |  Digital Payments

Paytronix Systems and Oracle are rolling out a new initiative that will enable restaurants and retailers that use Oracle’s cloud-based point of sales system to...

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Visa: SoftPOS Helps Merchants ‘Reimagine’ Commerce Flows In A Physical World
Visa: SoftPOS Helps Merchants ‘Reimagine’ Commerce Flows In A Physical World
September 04, 2020  |  Payments Innovation

Bit by bit, economies are reopening. But business as usual will be anything but traditional – even with face-to-face commerce – due to the great...

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PayPal Launches iZettle Food & Drink In The UK
PayPal Launches iZettle Food & Drink In The UK
September 03, 2020  |  POS Innovation

PayPal has launched its iZettle Food & Drink app, the point of sale (POS) platform for iOS to support food and drinks service in the...

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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger
Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger
July 14, 2020  |  Buy Now Pay Later

Installment credit at the digital point of sale has been gathering steam among investors, consumers and providers for the last few years, long before pandemic...

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Visa Launches Visa Installments Pilots in the US
Visa Launches Visa Installments Pilots in the US
July 14, 2020  |  Digital Payments

Point-of-sale (POS) installment plans have captured the attention of consumers and merchants, alike, as each explores new credit options to manage spend and boost sales,...

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