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

Nexi Digital Payment Services to Integrate With Olivetti Cash Registers
Nexi Digital Payment Services to Integrate With Olivetti Cash Registers
December 27, 2022  |  Point of Sale

Nexi has signed an agreement to integrate its payment services with Olivetti cash registers. The memorandum of understanding will see the two Italian firms —...

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NRS Launches B2B eCommerce Platform for Independent Retailers 
NRS Launches B2B eCommerce Platform for Independent Retailers 
December 05, 2022  |  News

National Retail Solutions (NRS) has launched a B2B eCommerce platform for independent retailers.  The new NRS B2B Marketplace brings together wholesale distributors and suppliers and the...

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Modernizing Merchants Boost Experience With Real-Time Payments and More
Modernizing Merchants Boost Experience With Real-Time Payments and More
December 02, 2022  |  Retail

Easier payments and smarter customer data use will anchor the retail industry’s experiential modernization efforts. This, as new PYMNTS research involving major retailers shows a...

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Mobile Checkout Brings Ease of eCommerce Payments Into Stores
Mobile Checkout Brings Ease of eCommerce Payments Into Stores
December 01, 2022  |  Retail

Payments innovators are pushing past omnichannel retailing to meld POS-capable channels tied to databases. It’s a unified commerce approach that brings capabilities like checkout anywhere...

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Spain’s Bizum Banks on Point of Sale Expansion to Drive Growth
Spain’s Bizum Banks on Point of Sale Expansion to Drive Growth
December 01, 2022  |  Mobile Payments

Since its launch in 2016, Bizum has become an integral part of Spain’s payment ecosystem. But although the mobile payment system boasts over 22 million...

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Cross-Border Merchants Must Heed Local Cultural Nuances of Payments
Cross-Border Merchants Must Heed Local Cultural Nuances of Payments
November 30, 2022  |  Payments Innovation

Payments personalization enables a merchant to deliver a ubiquitous experience — consumers in any market can pay in any manner they choose. We’re not there...

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Cyber Five Drew 9% More Shoppers Than Last Year 
Cyber Five Drew 9% More Shoppers Than Last Year 
November 29, 2022  |  Retail

A record number of Americans shopped during Cyber Five.  During the five days from Thanksgiving Day through Cyber Monday, 196.7 million Americans shopped in stores...

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Society Pass Turns to Stripe to Simplify Checkout
Society Pass Turns to Stripe to Simplify Checkout
November 28, 2022  |  eCommerce

Southeast Asian eCommerce ecosystem Society Pass (SoPa) says it has integrated Stripe’s financial infrastructure solutions onto its platform. “Leveraging Stripe’s cutting-edge technology solutions, Society Pass...

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Paymob and Foodics Team on POS Tech for Egyptian Restaurants
Paymob and Foodics Team on POS Tech for Egyptian Restaurants
November 22, 2022  |  Partnerships

Cairo-based FinTech Paymob and Riyadh-based restaurant technology provider Foodics announced that they have partnered to provide point-of-sale (POS) devices to the hospitality sector in Egypt....

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