POS Innovation

POS Innovation
PeP Acquires Polish Mobile POS App Simapka
July 28, 2022

Polskie ePłatności (PeP) has acquired a majority stake in Team4U, the owner of Simapka, a mobile app for owners of shops and service points of sale (POS), a press release said Thursday (July 28). Simapka allows for registering SIM cards, selling gift cards, number transfer...

POS Innovation
Revolut Takes on Square, PayPal in UK With POS Reader
July 05, 2022

Revolut announced Tuesday (July 5) the launch of Revolut Reader, a pocket-sized card reader designed to let merchants accept payments in person and on the go. “The launch marks Revolut’s move into in-person payments, as the super app continues to diversify its offering for business...

POS Innovation
SoftPOS Drives EU Merchants’ Adoption of Contactless Payments
June 20, 2022

Merchants who want to accept contactless payments, either by card or mobile wallet, have traditionally needed card readers to do so, but a new technology, known as software point-of-sale (SoftPOS) is changing that. Contactless payment uses a method of wireless data transfer called Near Field...

POS Innovation
C2B Payments Solution Provider Sionic Debuts RTP for US Businesses
June 14, 2022

Sionic today announced what it says is the first service allowing immediate point-of-sale payments from customer accounts to business accounts. The Atlanta-based company said businesses will not only receive funds nearly instantly, but also will avoid “expensive credit card swipe fees.” The service, according to...

POS Innovation
New Stripe Tool Aims to Improve EU Payment Authentications
June 06, 2022

Financial infrastructure platform Stripe has unveiled a delegated authentication feature that the company said is designed to improve payment conversion rates in Europe. As the Dublin-based company said in a news release Monday (June 6), businesses that use Stripe can now allow their customers to...

POS Innovation
Square Launches Mobile Restaurant POS Platform
May 19, 2022

Square debuted a set of solutions for restaurants Thursday (May 19), which will reportedly allow for better tableside service and order management. The solution comes from the company’s experience serving restaurants over the past decade, and according to a company blog post, the solutions will...

POS Innovation
PayPal, Venmo Now Payment Options at In-Store POS
May 11, 2022

PayPal is seeing an expansion of people using its services as the world becomes more digitized, a company blog noted. The release said PayPal knows that an omnichannel payments strategy is important if businesses want to compete and keep up with preferences of customers. The...

POS Innovation
Sephora CTO Says ‘Checkout of the Future’ Is as Much an Experience as a Transaction 
April 12, 2022

With a purview of 500 physical stores in the US, 600 store-in-store locations at Kohl’s, a website, a mobile app and 14 years of digital experience, Sephora has a deep and diverse understanding of its customers. Whether they’re buying online, in-store, getting delivery or using...

POS Innovation
Businesses Turn from Tech Triage to Upgrades
April 11, 2022

Running a baseball stadium demands technology that can be all things to all fans. That means systems that support contactless payments, that are flexible and scalable, that can maximize productivity, and that can handle both retail merchandizing and food-and-beverage sales. Software and payments provider SpotOn...