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

PayPal Invests In Pine Labs, The Indian POS Device Maker
PayPal Invests In Pine Labs, The Indian POS Device Maker
May 31, 2018  |  Retail

PayPal, the digital payments company, has participated in a round of fundraising with Pine Labs of India, in which it raised $125 million. According to...

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Caring Is Sharing (Data)
Caring Is Sharing (Data)
May 31, 2018  |  Today In Data

Everyone wants to rule the data world, but — as Gerhard Oosthuizen, CTO at Entersekt, recently pointed out — it’s not just about having the data;...

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Who Wins And Loses In PayPal’s iZettle Deal
Who Wins And Loses In PayPal’s iZettle Deal
May 21, 2018  |  Partnerships / Acquisitions

PayPal last week announced it will acquire Swedish payments company iZettle in a cash deal valued at $2.2 billion, which is expected to close in...

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Mobile Makes The World Go ‘Round
Mobile Makes The World Go ‘Round
May 21, 2018  |  Today In Data

The great mobile commerce switchover felt like it was always coming but never arriving. However, the payments world has finally started to shift in 2018....

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The Data-Driven Future Of Dining
The Data-Driven Future Of Dining
May 18, 2018  |  Omnicommerce

The restaurant space is in the midst of a digital upgrade, anchored by a wave of activity around cloud-based point-of-sale (POS) solutions and the related...

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PayPal To Aquire iZettle For $2.2 Billion
PayPal To Aquire iZettle For $2.2 Billion
May 17, 2018  |  Partnerships / Acquisitions

Days after iZettle said it planned to seek a listing on the NASDAQ Stockholm stock exchange, PayPal Holdings Inc. has announced that it is acquiring...

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North America Is Set To Be An ‘Early Adopter’ Of mPOS
North America Is Set To Be An ‘Early Adopter’ Of mPOS
May 10, 2018  |  POS Innovation

Mobile payment capabilities are on the forefront of retail executives and tech staff. In a survey by Zynstra, some 65 percent of retailers said they...

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National Business Systems VP: For Some SMBs, It’s Still Wait-And-See On EMV
National Business Systems VP: For Some SMBs, It’s Still Wait-And-See On EMV
May 10, 2018  |  Security & Fraud

The transition to EMV in the U.S. is still underway, three years on.  National Business Systems VP David Riley notes that some SMBs lack awareness...

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First Data Leads $12M Round In Restaurant POS Startup
First Data Leads $12M Round In Restaurant POS Startup
May 09, 2018  |  POS Innovation

Wagering that restaurants are seeking to learn more about their customers, First Data has invested in a restaurant software company. Salido raised $12 million in...

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