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

Square Launches Fully Integrated POS For Restaurants
Square Launches Fully Integrated POS For Restaurants
May 09, 2018  |  POS Innovation

Square has announced the launch of Square for Restaurants, a fully integrated point-of-sale platform for full-service restaurants. Square for Restaurants is cloud-based and customizable, allowing...

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Amazon’s Cashier-Less Store Evolved From Self-Checkout Machines
Amazon’s Cashier-Less Store Evolved From Self-Checkout Machines
April 24, 2018  |  Retail

In the 1980s, David Humble was at the grocery checkout counter when something unusual happened: A customer became frustrated with a cashier’s slow pace, so...

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Consumer Convenience, Retail And Payments Disintermediation
Consumer Convenience, Retail And Payments Disintermediation
April 23, 2018  |  Innovation

Disintermediating the established intermediaries has become something of an art form in payments and retail these days. Physical retail is being disintermediated by a host...

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Walmart Tests New Mobile Checkout Technology
Walmart Tests New Mobile Checkout Technology
April 20, 2018  |  Mobile Commerce

Walmart announced on Thursday (April 19) that it is testing Check Out With Me, a new service that will speed up checkout for Walmart Lawn...

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PayPal Teams With ebizmarts To Integrate With Magento
PayPal Teams With ebizmarts To Integrate With Magento
April 17, 2018  |  Partnerships / Acquisitions

PayPal is working with point-of-sale (POS) company ebizmarts to help retailers offer both POS and digital payments. According to news from Mobile Payments Today, PayPal’s mobile card product...

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Worldpay: ‘Future-Proofing’ The POS
Worldpay: ‘Future-Proofing’ The POS
April 17, 2018  |  Mobile Commerce

The next big thing is not often easy to spot. Sometimes, the thing that everyone sees coming fails to actually show up. Need proof? Check...

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HP Enters Cannabis Enterprise Software Market With Flowhub
HP Enters Cannabis Enterprise Software Market With Flowhub
April 16, 2018  |  B2B Payments

HP is reportedly stepping into the cannabis industry with a new partnership to provide businesses with financial management software, according to The Washington Post. Reports on...

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Paya President: Integrated Payments And What Matters Most
Paya President: Integrated Payments And What Matters Most
April 16, 2018  |  Payment Methods

Buy vs. build -- or partner? The lines between software companies and payments firms are blurring, which means strategy must change, too. Think of payments...

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Adjusting To The New Normal
Adjusting To The New Normal
April 13, 2018  |  Today In Data

The only constant in the world is change: whether it’s the changing shape of the EU, the resetting of rules on how to pay or...

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