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

Lightspeed Gross Payments Volume Jumps 69% With Unified Payments Initiative

Lightspeed Gross Payments Volume Jumps 69% With Unified Payments Initiative
Lightspeed Gross Payments Volume Jumps 69% With Unified Payments Initiative
February 08, 2024  |  Earnings

Digital commerce firm Lightspeed continues to see success from its unified payments platform. The combined point-of-sale (POS) and payments platform, which debuted last year, helped increase the company’s...

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Lightspeed Commerce Expands POS and Payment Platform for Retail, Hospitality
Lightspeed Commerce Expands POS and Payment Platform for Retail, Hospitality
January 25, 2024  |  Point of Sale

Lightspeed Commerce has unveiled a range of new features and updates aimed at simplifying and expanding operations for businesses in the retail and hospitality industries. These...

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Synchrony to Acquire Ally Financial’s POS Financing Arm
Synchrony to Acquire Ally Financial’s POS Financing Arm
January 19, 2024  |  Partnerships

Synchrony and Ally Financial have reached a definitive agreement for Synchrony to acquire Ally’s point-of-sale financing business.  This acquisition includes $2.2 billion of loan receivables and relationships with...

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50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
January 18, 2024  |  Payment Methods

The use of split-pay plans is already widespread, and the last holiday shopping season was no exception, with consumers relying on different installment plans. The...

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DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
January 17, 2024  |  Partnerships

DMI Group, a pan-India financial services platform, has acquired ZestMoney, a digital credit provider in India.  The acquisition will allow DMI to incorporate the ZestMoney checkout...

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Tower Community Bank Taps FintechOS for POS Healthcare Financing
Tower Community Bank Taps FintechOS for POS Healthcare Financing
January 17, 2024  |  Healthcare

Tennessee-based Tower Community Bank has partnered with FintechOS to launch a point-of-sale (POS) lending platform.  The new Momentum by Tower embedded lending solution enables local businesses to provide financing...

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Lightspeed and Linnworks Partner to Cut eCommerce Costs
Lightspeed and Linnworks Partner to Cut eCommerce Costs
January 16, 2024  |  Partnerships

Payments platform Lightspeed Commerce teamed with eCommerce inventory and order management firm Linnworks. The collaboration lets Linnworks offer its first-ever global point-of-sale integration, according to...

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PTPShopy Debuts Crypto Payment Platform for Businesses
PTPShopy Debuts Crypto Payment Platform for Businesses
January 15, 2024  |  Cryptocurrency

Business-focused cryptocurrency payment gateway PTPShopy announced it had begun operations Monday (Jan. 15). “For software or hosting providers, PTPShopy presents a superior SaaS crypto payment solution, enabling easy integration...

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