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

US Bank’s Elavon Launches New ‘Anytime, Anywhere’ POS System
US Bank’s Elavon Launches New ‘Anytime, Anywhere’ POS System
August 30, 2023  |  SMBs

U.S. Bank subsidiary Elavon has launched a next-generation model of its Android-based point-of-sale (POS) system called talech Terminal. The system aims to help small business owners streamline their operations...

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SumUp Raises $100 Million to Offer Merchants Cash Advances
SumUp Raises $100 Million to Offer Merchants Cash Advances
August 09, 2023  |  Alternative Credit

SumUp has raised a $100 million credit facility to launch a merchant financing solution. The British company’s Cash Advance tool offers advances of up to...

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Toast Says Controversial $0.99 Consumer Fee Had No Impact on Pricing, Win Rates
Toast Says Controversial $0.99 Consumer Fee Had No Impact on Pricing, Win Rates
August 08, 2023  |  Earnings

Less than a month after restaurant point of sale (POS) provider Toast rolled back its decision to add a $0.99 fee for consumers on online orders of $10...

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Lightspeed Focuses on ‘Unified Payments’ as Revenues Climb 20%
Lightspeed Focuses on ‘Unified Payments’ as Revenues Climb 20%
August 03, 2023  |  Earnings

With revenues on the rise, digital commerce firm Lightspeed is focused on Unified Payments. That’s the name of the combined point-of-sale (POS) and payments platform...

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Fiserv’s Clover Notches 23% Revenue Growth
Fiserv’s Clover Notches 23% Revenue Growth
July 26, 2023  |  Earnings

Fiserv’s latest results show that financial institutions and businesses are continuing to invest in payments modernization and digitization, boosting the company’s organic revenue growth rates....

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DoorDash Adds Self-Serve Integration Onboarding as Aggregators Compete on Selection
DoorDash Adds Self-Serve Integration Onboarding as Aggregators Compete on Selection
July 21, 2023  |  Aggregators

As restaurant aggregators race to offer consumers with the widest range and highest quality of options, DoorDash is looking to make it easier for restaurants...

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Tulip and Stripe Announce Strategic Partnership for Omnichannel Retail Payments
Tulip and Stripe Announce Strategic Partnership for Omnichannel Retail Payments
July 13, 2023  |  Partnerships

Tulip, a provider of cloud-based retail solutions, and Stripe, a financial infrastructure platform for businesses, have announced a strategic partnership. This new partnership will be a...

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Software-as-a-Service Will Simplify Move to Self-Service Checkout, Says LS Retail
Software-as-a-Service Will Simplify Move to Self-Service Checkout, Says LS Retail
July 11, 2023  |  Retail

When consumers are shopping in stores in the post-pandemic age, they seek new checkout experiences that offer the same benefits they’ve grown accustomed to online....

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Aptos Appoints Kristjan Johannsson to Lead LS Retail’s ‘Next Phase of Growth’
Aptos Appoints Kristjan Johannsson to Lead LS Retail’s ‘Next Phase of Growth’
June 28, 2023  |  Personnel

Aptos has appointed Kristjan Johannsson as general manager for its standalone business unit LS Retail. Johannsson has been with LS Retail since 2016, most recently serving as chief commercial...

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