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

Deep Dive: Why Contactless Card-Not-Present Transactions Are Gaining New Momentum
Deep Dive: Why Contactless Card-Not-Present Transactions Are Gaining New Momentum
July 06, 2020  |  Next-Gen Debit

The COVID-19 pandemic has changed how consumers buy goods, and some of these new payment behaviors could continue well after the crisis ends. Consumers’ concerns...

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Cennox Rolls Out UVC Keypad Cleaner For Safe Shopping
Cennox Rolls Out UVC Keypad Cleaner For Safe Shopping
June 23, 2020  |  Retail

To help retailers safely reopen and safeguard customers as lockdown measures are relaxed, Cennox has rolled out a device to neutralize the coronavirus at payment...

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MoneyLion: Navigating Customers’ New Financial Realities
MoneyLion: Navigating Customers’ New Financial Realities
June 01, 2020  |  Next-Gen Debit

The COVID-19 pandemic has prompted consumers and merchants to reconsider the mechanism that they use for handling in-person transactions, with many concerned that the virus...

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Preparing Merchants For The Coming Mobile Wallet Boost
Preparing Merchants For The Coming Mobile Wallet Boost
May 27, 2020  |  Digital Payments

Call it the great shift. We’re still navigating the pandemic — which means doing what we used to do offline, increasingly, through digital means. As...

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New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce
New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce
May 06, 2020  |  Retail

As the coronavirus pandemic speeds up consumers’ transitions to online shopping, Shopify reported that new stores created on the platform jumped 62 percent from March...

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New Shopify POS Merges In-Store And Online Sales
New Shopify POS Merges In-Store And Online Sales
May 04, 2020  |  eCommerce

Shopify is launching a “rebuilt and reimagined” omnichannel point-of-sale setup pitched to the COVID-19 era, calling it a POS that brings “in-person and online sales...

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Indonesia’s Gojek Closes $130M Deal For POS Startup Moka
Indonesia’s Gojek Closes $130M Deal For POS Startup Moka
April 23, 2020  |  Partnerships / Acquisitions

On-demand ride-hailing startup Gojek – Indonesia’s most successful unicorn – has purchased the point-of-sale (POS) and payments aggregator Moka for about $130 million. The acquisition...

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Deluxe, Fiserv Team On SMB Merchant Solutions
Deluxe, Fiserv Team On SMB Merchant Solutions
April 20, 2020  |  Partnerships / Acquisitions

Deluxe has a new agreement with Fiserv to provide an updated payment platform, which will allow customers to use the Clover point-of-sale (POS) platform, new...

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