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

POS Toast Cuts Staff In Half As More Restaurants Close
POS Toast Cuts Staff In Half As More Restaurants Close
April 08, 2020  |  Coronavirus

Restaurant point-of-sale (POS) software provider Toast said it would have to cut about half of its staff — about 1,300 people — as the coronavirus...

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Order-To-Eat Works Smart, Keeps It Tasty
Order-To-Eat Works Smart, Keeps It Tasty
March 25, 2020  |  Restaurant innovation

As the first earth-shaking pandemic of the 21st century puts all businesses on dangerous footing, the timing of major breakthroughs in scalability and digital POS...

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Deep Dive: Why Technology-Forward Restaurants Are Adopting Digital POS, Menu Management Software
Deep Dive: Why Technology-Forward Restaurants Are Adopting Digital POS, Menu Management Software
March 24, 2020  |  Restaurant innovation

The COVID-19 pandemic is disrupting dining trends, and restaurants need to prepare for restored and enhanced table service operations once COVID-19 containment and response efforts no longer compel...

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Fiserv Acquires Bypass Mobile
Fiserv Acquires Bypass Mobile
March 18, 2020  |  Partnerships / Acquisitions

Payments and FinTech leader Fiserv has announced the purchase of independent software vendor (ISV) Bypass Mobile, according to a press release. Bypass Mobile is an...

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Nets Expands Poland Presence With PeP Acquisition
Nets Expands Poland Presence With PeP Acquisition
March 12, 2020  |  Partnerships / Acquisitions

Denmark payments startup Nets said on Thursday (March 12) that it has acquired Polish merchant acquirer Polskie ePłatności (PeP). PeP, valued at €405 million, has...

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Taking Real-Time Payment Rails To The Tipping Point
Taking Real-Time Payment Rails To The Tipping Point
March 06, 2020  |  Faster Payments

Real-time payments are imperative for running successful operations in today’s global ecosystem. Digital payments sent internationally are expected to move past $1 trillion in 2025,...

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Skip And Paytronix Team Up On Mobile Checkout, Loyalty Incentives
Skip And Paytronix Team Up On Mobile Checkout, Loyalty Incentives
February 27, 2020  |  Point of Sale

Cloud point of sale and mobile checkout company Skip has teamed up with guest experience platform Paytronix Systems to beef up shopper engagement, push revenue...

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Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
February 19, 2020  |  News

In today’s top news, LendingClub buys Radius Bancorp in a “transformative” deal, Walmart reports disappointing quarterly earnings due to tepid holiday sales, and Macy’s is...

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POS Financing: There’s A Lending Marketplace For That
POS Financing: There’s A Lending Marketplace For That
February 19, 2020  |  Point of Sale

In the roughly six decades the card networks have been powering payments at the physical and digital points of sale, it’s hard to imagine that their ubiquity wasn’t...

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