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

Easing Taxi Drivers’ Cash Flow Headaches With mPOS

Oracle Brings FinTech Program To Brussels, Blockchain Poised For Growth In India
Oracle Brings FinTech Program To Brussels, Blockchain Poised For Growth In India
June 28, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Oracle’s decision to bring its FinTech Innovation Program to Brussels....

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Are Retailers Ready For Amazon’s Prime Time?
Are Retailers Ready For Amazon’s Prime Time?
June 25, 2018  |  Payments Innovation

My plan on Friday evening was to write a hard-hitting piece on a services segment with incredible marketplace friction. Then I went to Whole Foods...

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Shake Shack Founders Stand By Cashless Move
Shake Shack Founders Stand By Cashless Move
June 20, 2018  |  Payment Methods

Danny Meyer is defending his restaurant group’s decision to test out cashless transactions, saying they are not looking to exclude prospective guests. Get the Full...

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Becoming Our Money — And Other Tales From The POS World
Becoming Our Money — And Other Tales From The POS World
June 20, 2018  |  Point of Sale

Perhaps not since the adoption of chip and PIN payments has there existed so much potential for disruption in the point-of-sale market. The rise of...

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AEVI CEO: SMBs Battle To Stay Focused In A Fragmented World Of POS Features
AEVI CEO: SMBs Battle To Stay Focused In A Fragmented World Of POS Features
June 19, 2018  |  SMBs

The pace of advancement in retail has been so fast in recent years, AEVI CEO Mike Camerling told Karen Webster in a recent conversation, that...

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Amazon Restaurants, Big Threat Or Essential Lifeline?
Amazon Restaurants, Big Threat Or Essential Lifeline?
June 18, 2018  |  Payments Innovation

The restaurant industry today is a study in contradictions. Census data tells us that roughly 44 percent of what consumers spend on food comes from...

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