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

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...

READ MORE >
Order-To-Eat Works Smart, Keeps It Tasty
Order-To-Eat Works Smart, Keeps It Tasty
March 25, 2020  |  ResTech

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...

READ MORE >
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  |  ResTech

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Fiserv Acquires Bypass Mobile
Fiserv Acquires Bypass Mobile
March 18, 2020  |  Partnerships

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

READ MORE >
Nets Expands Poland Presence With PeP Acquisition
Nets Expands Poland Presence With PeP Acquisition
March 12, 2020  |  Partnerships

Denmark payments startup Nets said on Thursday (March 12) that it has acquired Polish merchant acquirer Polskie ePłatności (PeP). Get the Full Story Complete the...

READ MORE >
Taking Real-Time Payment Rails To The Tipping Point
Taking Real-Time Payment Rails To The Tipping Point
March 06, 2020  |  Real-Time 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,...

READ MORE >
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...

READ MORE >
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...

READ MORE >