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

27% of Retailers Want to Outsource Their Loyalty Programs
27% of Retailers Want to Outsource Their Loyalty Programs
November 08, 2022  |  Retail

As consumers flock to the aisles, as they opt to move to in-store settings to get what they need, merchants need to keep them engaged,...

READ MORE >
BNPL Boosts PayPal and Block as Installment Plans Weather Inflation
BNPL Boosts PayPal and Block as Installment Plans Weather Inflation
November 04, 2022  |  Retail

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Pick n Pay Expands Crypto Payments in South Africa
Pick n Pay Expands Crypto Payments in South Africa
November 01, 2022  |  Cryptocurrency

The South African grocery retailer Pick n Pay announced Tuesday (Nov. 1) that it has completed the first phase of a pilot that allows customers...

READ MORE >
PayTabs Set to Acquire Saudi Arabia’s Digital Pay
PayTabs Set to Acquire Saudi Arabia’s Digital Pay
November 01, 2022  |  Acquisitions

PayTabs, a Saudi-based payments company focused on the Middle East, Africa and South Asia (MEASA) market, has announced that it intends to acquire Saudi Arabian...

READ MORE >
Checkout’s Unattended Future
Checkout’s Unattended Future
November 01, 2022  |  Retail

Simplifying and streamlining checkout is an industry obsession, and it’s going to get more intense as retailers recognize the importance of the checkout experience to...

READ MORE >
D2C Brands Have the Smoothest Checkout and the Sales to Show for It
D2C Brands Have the Smoothest Checkout and the Sales to Show for It
October 25, 2022  |  eCommerce

Relative to other kinds of eCommerce merchants, direct-to-consumer (D2C) brands are providing the most user-friendly checkout experiences, a key competitive advantage when it comes to...

READ MORE >
90% of Shoppers Say Smooth Checkout Is Make or Break Experience
90% of Shoppers Say Smooth Checkout Is Make or Break Experience
October 20, 2022  |  Retail

As much as retail has changed and become increasingly digital, one thing has remained constant throughout the years: the importance of a smooth checkout experience....

READ MORE >
New PayPal Zettle Terminal Shakes Up and Wakes Up US Mobile POS Space
New PayPal Zettle Terminal Shakes Up and Wakes Up US Mobile POS Space
October 11, 2022  |  Mobile Commerce

In a move well-timed for the resurgence of physical retail ahead of holiday foot traffic, PayPal is bringing its PayPal Zettle Terminal mobile POS solution —...

READ MORE >
EMVCo Issues New Specs to Ease Acceptance of Contactless Payments 
EMVCo Issues New Specs to Ease Acceptance of Contactless Payments 
October 05, 2022  |  Payments Innovation

The global standards organization overseeing the infrastructure that enables safe and seamless card-based transactions has issued new specifications it says are designed to simplify the acceptance of contactless and mobile payments globally. Get the Full Story Complete the...

READ MORE >