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

Flatpay Raises $48 Million to Expand POS, Payment Solutions Offering
Flatpay Raises $48 Million to Expand POS, Payment Solutions Offering
April 17, 2024  |  Investments

Flatpay has raised 45 million euros (about $48 million) in a Series B funding round to expand its offering of point-of-sale (POS) systems and payment...

READ MORE >
Stripe and Urban Outfitters Owner URBN Launch Payments Partnership
Stripe and Urban Outfitters Owner URBN Launch Payments Partnership
April 16, 2024  |  Retail

Financial infrastructure platform Stripe has launched a payments partnership with retail group URBN. The collaboration, announced Tuesday (April 16) will see is designed to offer a more consistent...

READ MORE >
Restaurant POS System Provider Lightspeed Considering Going Private
Restaurant POS System Provider Lightspeed Considering Going Private
March 25, 2024  |  Business

Lightspeed, which provides point-of-sale (POS) systems to restaurants, is reportedly considering going private. The firm went public five years ago but Dax Dasilva, interim CEO...

READ MORE >
SheerID Debuts In-Store Shopping ID Verification Tool
SheerID Debuts In-Store Shopping ID Verification Tool
March 14, 2024  |  Identity

Identity verification firm SheerID has debuted a tool to authenticate in-store shopper IDs. SheerID InStore, announced Thursday (March 14), allows retailers to more easily verify the...

READ MORE >
Report: SumUp Aims to Raise $1.1 Billion to Refinance Debt
Report: SumUp Aims to Raise $1.1 Billion to Refinance Debt
February 23, 2024  |  Investments

SumUp is reportedly looking to raise 1 billion euros ($1.1 billion) from private credit lenders. The U.K. payments company would use the money to refinance existing...

READ MORE >
Fiserv and Genesis Bank Provide POS Technology to Small Businesses
Fiserv and Genesis Bank Provide POS Technology to Small Businesses
February 20, 2024  |  SMBs

Genesis Bank and Fiserv have formed a new partnership aimed at supporting small businesses in low-to-moderate income (LMI) neighborhoods. The collaboration seeks to build economic empowerment and create...

READ MORE >
Lightspeed Founder Returns to Lead Firm as CEO Departs
Lightspeed Founder Returns to Lead Firm as CEO Departs
February 15, 2024  |  Personnel

Digital commerce platform Lightspeed has a new CEO: its old CEO. Dax Dasilva, who founded the company in 2005 and served as its chief executive until February...

READ MORE >
Lightspeed Gross Payments Volume Jumps 69% With Unified Payments Initiative
Lightspeed Gross Payments Volume Jumps 69% With Unified Payments Initiative
February 08, 2024  |  Earnings

Digital commerce firm Lightspeed continues to see success from its unified payments platform. The combined point-of-sale (POS) and payments platform, which debuted last year, helped increase the company’s...

READ MORE >
Lightspeed Commerce Expands POS and Payment Platform for Retail, Hospitality
Lightspeed Commerce Expands POS and Payment Platform for Retail, Hospitality
January 25, 2024  |  POS Innovation

Lightspeed Commerce has unveiled a range of new features and updates aimed at simplifying and expanding operations for businesses in the retail and hospitality industries. These...

READ MORE >