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

SpotOn Launches Omnichannel Retail Platform

SpotOn Launches Omnichannel Retail Platform
SpotOn Launches Omnichannel Retail Platform
November 30, 2021  |  Omnicommerce

Software and payments provider SpotOn on Tuesday (Nov. 30) debuted an omnichannel solution for retailers and service providers dubbed SpotOn Retail, which allows independent retailers...

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Unionpay International Teams up With Payment Services Provider Nets
Unionpay International Teams up With Payment Services Provider Nets
November 23, 2021  |  Payment Methods

Global payment company UnionPay has reached an agreement with European payment services provider Nets that will allow UnionPay to expand its contactless acceptance throughout the...

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Stripe Offers Its Terminal to UK, EU Businesses
Stripe Offers Its Terminal to UK, EU Businesses
November 23, 2021  |  Payment Methods

The payments infrastructure FinTech Stripe has made its Terminals available in five European countries, offering customers a physical version of its digital service. Get the...

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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  |  BNPL

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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