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)

Hybrid Banking Model Bridges ‘Much Needed’ Last-Mile Service Delivery Gap for Nigeria’s SMEs
Hybrid Banking Model Bridges ‘Much Needed’ Last-Mile Service Delivery Gap for Nigeria’s SMEs
April 19, 2022  |  Digital-First Banking

Nigeria’s current financial system can be tough to navigate for millions of merchants who live in remote communities and have no access to reliable banking...

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In a Bid to Lure Investors, a REIT Turns to Bitcoin Payments
In a Bid to Lure Investors, a REIT Turns to Bitcoin Payments
April 05, 2022  |  Bitcoin

You can buy a bottle of wine, a movie ticket, a laptop, a cruise with bitcoin. Now, you can buy a small piece of a...

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Data Point: 87% of Shoppers Take Store Cards and Traditional Credit Over Buy Now, Pay Later
Data Point: 87% of Shoppers Take Store Cards and Traditional Credit Over Buy Now, Pay...
March 28, 2022  |  Buy Now Pay Later

While buy now, pay later (BNPL) is certainly a disruptor of traditional credit like store-issued co-branded cards and major credit cards, in reality, BNPL has...

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Stripe Terminal’s In-Person Payment Volume Grows ‘Sixfold’ as Shoppers Return to Stores
Stripe Terminal’s In-Person Payment Volume Grows ‘Sixfold’ as Shoppers Return to Stores
January 21, 2022  |  Point of Sale

As more people return to in-store shopping, businesses managing both physical locations and eCommerce markets are tapping financial infrastructure platform Stripe and its Stripe Terminal...

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SpotOn Launches Omnichannel Retail Platform
SpotOn Launches Omnichannel Retail Platform
November 30, 2021  |  Omnicommerce

Software and payments provider SpotOn on Tuesday (Nov. 30) debuted an omnichannel solution for retailers and service providers dubbed SpotOn Retail, which allows independent retailers...

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Unionpay International Teams up With Payment Services Provider Nets
Unionpay International Teams up With Payment Services Provider Nets
November 23, 2021  |  Payment Methods

Global payment company UnionPay has reached an agreement with European payment services provider Nets that will allow UnionPay to expand its contactless acceptance throughout the...

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Stripe Offers Its Terminal to UK, EU Businesses
Stripe Offers Its Terminal to UK, EU Businesses
November 23, 2021  |  Payment Methods

The payments infrastructure FinTech Stripe has made its Terminals available in five European countries, offering customers a physical version of its digital service. According to...

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Consumers Seek Contactless Technologies for Live Event Concessions
Consumers Seek Contactless Technologies for Live Event Concessions
November 08, 2021  |  Digital Payments

Over the past 20 months, consumers have increasingly come to expect on-demand gratification and digital convenience when ordering food at home, and these expectations are...

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60% of Online Consumers Bail at Checkout Over Lack of Key Features
60% of Online Consumers Bail at Checkout Over Lack of Key Features
October 19, 2021  |  Point of Sale

Motivated by a desire to control their shopping experience, consumers have significantly shifted their activities to the digital space. Every digital touchpoint represents an aspect...

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