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 To Aquire iZettle For $2.2 Billion

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

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  |  Point of Sale

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  |  Cybersecurity

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  |  Point of Sale

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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Square Launches Fully Integrated POS For Restaurants
Square Launches Fully Integrated POS For Restaurants
May 09, 2018  |  Point of Sale

Square has announced the launch of Square for Restaurants, a fully integrated point-of-sale platform for full-service restaurants. Get the Full Story Complete the form to...

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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. Get the Full Story Complete the form to...

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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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