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

NMI CEO On Payments Powering SMB Omnichannel Expansion
NMI CEO On Payments Powering SMB Omnichannel Expansion
January 10, 2019  |  Omnicommerce

“Easier said than done” is a saying that can apply to many things: running a marathon, losing those last five pounds, eating dinner every night...

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Square Launches In-App Payments Kit For Sellers
Square Launches In-App Payments Kit For Sellers
January 09, 2019  |  Mobile Payments

Payment company Square, popular for its square-shaped mobile card reader, has released an in-app payments software development kit (SDK) that will give developers and sellers...

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RBI Releases Guidelines For Electronic Card Payments
RBI Releases Guidelines For Electronic Card Payments
January 08, 2019  |  Safety and Security

The Reserve Bank of India has released guidelines for what it calls the “tokenization” of debit and credit card transactions, according to reports. Tokenization will...

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2019: What To Take Forward And What To Leave Behind
2019: What To Take Forward And What To Leave Behind
January 07, 2019  |  Payments Innovation

Welcome to the first Monday of 2019. According to the Chinese calendar, 2019 is the “Year of the Pig” – which may not, at first...

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Moving From POS To Point Of Interaction
Moving From POS To Point Of Interaction
January 03, 2019  |  POS Innovation

One size never fits all in retail — so why should it be any different with payments? Commerce is done across brick-and-mortar and online conduits,...

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Visa: Why Consumers Are In Control At The POS
Visa: Why Consumers Are In Control At The POS
December 31, 2018  |  Commentary

Carleigh Jaques, SVP, global head of merchant digital products at Visa, contributed the following piece as part of PYMNTS’ 2018 year-end eBook. For decades, the interaction...

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Listen Up: Best PYMNTS Podcasts Of 2018
Listen Up: Best PYMNTS Podcasts Of 2018
December 26, 2018  |  Podcast

Don’t think of them as mere podcasts — though PYMNTS certainly does a lot of podcasts, discussing with payments and commerce experts the hottest topics...

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Square Talks Temp Payroll
Square Talks Temp Payroll
December 21, 2018  |  Personnel

The holiday season always brings with it a major crush of hiring for temporary employees — and the year 2018 was widely forecasted to be...

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Did Payments 2018 Predictions Come True?
Did Payments 2018 Predictions Come True?
December 17, 2018  |  Payments Innovation

In about two weeks, 2018 will be one for the history books. And from a payments and commerce perspective, it really has been one heck...

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