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

Square Warns Glitch May Prevent Transfers To Biz Bank Accounts
Square Warns Glitch May Prevent Transfers To Biz Bank Accounts
October 01, 2019  |  B2B Payments

Payments technology company Square has acknowledged a technical glitch that prevented one small business in Toronto, Canada, from receiving funds in its bank account —...

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Fibank, Mastercard Team For Garmin Pay Transactions In Bulgaria
Fibank, Mastercard Team For Garmin Pay Transactions In Bulgaria
September 30, 2019  |  Wearables

First Investment Bank (Fibank), Mastercard and Garmin have partnered for the Garmin Pay watch in Bulgaria, Fibank announced in a press release on Monday (Sept....

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Deep Dive: Using AI To Solve The $4.2T Fraud Problem
Deep Dive: Using AI To Solve The $4.2T Fraud Problem
September 19, 2019  |  B2B Payments

Global fraud’s price tag reached $4.2 trillion last year. The Securing B2B Payments Report includes a Deep Dive outlining how learning technologies like AI are...

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TouchBistro Lands $119M To Expand Restaurant POS Tech
TouchBistro Lands $119M To Expand Restaurant POS Tech
September 18, 2019  |  Restaurant innovation

Restaurant POS and payments firm TouchBistro has raised CDN $158 million (U.S. $119.24 million) in a Series E funding round led by OMERS Growth Equity,...

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US Bank Buys Talech To Boost Digital Expertise
US Bank Buys Talech To Boost Digital Expertise
September 09, 2019  |  Partnerships / Acquisitions

U.S. Bank announced that it has acquired talech, a software company that offers an integrated point-of-sale (POS) system for small and medium-sized businesses (SMBs). Financial...

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Square, TSB Bank Team Up For Suite Of SMB Services
Square, TSB Bank Team Up For Suite Of SMB Services
September 03, 2019  |  B2B Payments

Point-of-sale technology firm Square is teaming up with U.K. bank TSB Bank to offer a suite of financial services to joint small business customers. A...

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Square’s Loss Of Key Customer Concerns Wall Street
Square’s Loss Of Key Customer Concerns Wall Street
August 29, 2019  |  Digital Payments

Silicon Valley’s mobile payments company Square Inc. is causing ripples of concern on Wall Street as the competition closes in and one of its customer...

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Barclaycard And TouchBistro Partner For POS Payments
Barclaycard And TouchBistro Partner For POS Payments
August 29, 2019  |  Point of Sale

Barclaycard and TouchBistro have teamed up for point-of-sale (POS) solutions meant to improve customers’ experience in U.K. restaurants, according to a release. TouchBistro makes iPad-based...

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Using Data To Increase Checkout Conversions — In-Store
Using Data To Increase Checkout Conversions — In-Store
August 27, 2019  |  Retail

Retailers and grocers want to streamline the in-store checkout experience and increase conversions. Diebold Nixdorf's Carl von Sydow tells Karen Webster transactional data can help firms...

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