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

NCR Acquires Restaurant POS Firm
NCR Acquires Restaurant POS Firm
May 06, 2019  |  Partnerships / Acquisitions

NCR, an Atlanta-based payments technology company, has acquired Texas P.O.S., a Houston-based provider of point-of-sale (POS) solutions for restaurants and merchants, according to a press release....

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Deep Dive: The Risk-Reducing Case For Push Payments
Deep Dive: The Risk-Reducing Case For Push Payments
May 06, 2019  |  Smarter Payments

The following Deep Dive explores what’s driving interest in push payments, and where the technology may smooth out and secure consumer payments, B2B supplier transactions...

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Pundi X White Labels Digital Token Tech For Corporates
Pundi X White Labels Digital Token Tech For Corporates
May 03, 2019  |  B2B Payments

Blockchain payments company Pundi X has announced plans to launch Open Platform, a tool to enable developers and businesses to create blockchain solutions. In a...

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Shopify Launches New Retail Hardware Collection
Shopify Launches New Retail Hardware Collection
April 25, 2019  |  POS Innovation

Shopify announced it has launched a new retail hardware collection to improve in-person shopping for some of the world’s fastest-growing brands and their customers. “We’ve...

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First Abu Dhabi Bank Debuts UAE Payroll Card
First Abu Dhabi Bank Debuts UAE Payroll Card
April 23, 2019  |  B2B Payments

United Arab Emirates (UAE)-based First Abu Dhabi Bank is rolling out a payroll card solution for the market via its Mercury payment operator unit, reports...

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Deep Dive: Competition Brings Innovation Into Focus
Deep Dive: Competition Brings Innovation Into Focus
April 02, 2019  |  Innovation

Merchants in both the food and accommodation space are interested in investing innovation to stay competitive. However, these merchants offer relatively few in-store features. The...

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Square Teams With Washington Nationals On In-Seat Concessions
Square Teams With Washington Nationals On In-Seat Concessions
March 29, 2019  |  Digital Payments

Payments company Square has partnered with the Washington Nationals and Levy Restaurants to let fans order concession menu items right from their seats, according to...

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Why Hotels And Restaurants Struggle With POS Innovation
Why Hotels And Restaurants Struggle With POS Innovation
March 26, 2019  |  Innovation

When it comes to implementing innovation, trying and succeeding are two different things. This is a fact that hotels and restaurants know all too well....

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Mastercard’s Kirkpatrick: Transit Is The Ticket To Everyday Spend
Mastercard’s Kirkpatrick: Transit Is The Ticket To Everyday Spend
March 25, 2019  |  Mastercard

The current best-in-class method of payment for a ride on a subway in any American city works just fine – until it doesn’t. Loading funds...

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