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

Microsoft Wallet App To Be ‘Retired’ On Feb. 28
Microsoft Wallet App To Be ‘Retired’ On Feb. 28
January 25, 2019  |  Payment Methods

Microsoft Wallet app, the company’s cashless mobile payment app, will be discontinued at the end of February, the company said on its website. “Starting on...

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Fundbox Pay Expands To B2B Marketplaces
Fundbox Pay Expands To B2B Marketplaces
January 25, 2019  |  B2B Payments

Financing purchases at the point of sale is gaining traction in B2C eCommerce, so why not B2B? Fundbox is bringing Fundbox Pay to the points...

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Giving Community Banks The Contactless Card Boost
Giving Community Banks The Contactless Card Boost
January 24, 2019  |  Payment Methods

Contactless has yet to catch on in the United States, despite years of promotional efforts and the success of the payment method in the U.K.,...

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New Square Card Promises Instant Funds To SMBs
New Square Card Promises Instant Funds To SMBs
January 17, 2019  |  Point of Sale

You know your stature by the enemies you make, right? That’s the old saying at least. Well, “enemy” might be too strong a term — business...

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Mobile Checkout, Resetting Store Experiences And Fairway Market’s Fight To Stay Relevant In NYC
Mobile Checkout, Resetting Store Experiences And Fairway Market’s Fight To Stay Relevant In NYC
January 17, 2019  |  Retail

While innovative grocery has been in the news heavily over the last several years — with seemingly every name in the game trying to keep...

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Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
January 15, 2019  |  Earnings

A U.S. Federal Reserve asset cap on Wells Fargo will last all year instead of through the first half, said the bank’s CEO Tim Sloan...

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PayPal, HP Team On New POS
PayPal, HP Team On New POS
January 11, 2019  |  POS Innovation

In a move to target small and medium-sized businesses and hospitality companies, HP has announced it has teamed up with PayPal to release what it...

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Chinese P2P Falls As Other Payment Ecosystems Expand
Chinese P2P Falls As Other Payment Ecosystems Expand
January 10, 2019  |  Ecosystems

Thanks to a nationwide crackdown on peer-to-peer (P2P) lending in China, a move that came after a series of multibillion dollar scams in that space...

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Roche Bros. Partners With Toshiba On POS Systems
Roche Bros. Partners With Toshiba On POS Systems
January 10, 2019  |  Point of Sale

Toshiba Global Commerce Solutions has announced that it will be integrating its TCx™ 300 point-of-sale (POS) systems at all of the Massachusetts locations for grocery...

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