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

RT² Closes Acquisition Deal for IAS to Expand to Canada, Puerto Rico
RT² Closes Acquisition Deal for IAS to Expand to Canada, Puerto Rico
August 03, 2022  |  Acquisitions

Enterprise software platform Real Time Technologies (RT²) closed an acquisition deal for payment processing services provider InComm Agent Solutions (IAS), a subsidiary of InComm Payments,...

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Are People Paying with Crypto Really Trying to ‘Stick It to the Man’?
Are People Paying with Crypto Really Trying to ‘Stick It to the Man’?
August 02, 2022  |  Cryptocurrency

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

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

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...

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Sionic, MX Partner Team on Consumer Bank Payments
Sionic, MX Partner Team on Consumer Bank Payments
July 27, 2022  |  Payment Methods

Consumer-to-business (C2B) payments firm Sionic on Wednesday (July 27) announced a partnership with open finance platform MX that will help to link consumer bank accounts...

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BHG Financial’s New POS Financing Solution NaluPay Gains Traction With Merchants
BHG Financial’s New POS Financing Solution NaluPay Gains Traction With Merchants
July 14, 2022  |  Point of Sale

Working capital and unsecured consumer loan company BHG Financial has launched the point-of-sale (POS) financing solution NaluPay to provide merchants with the ability to offer...

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Lightspeed Streamlines Payments Processing for Golf Industry
Lightspeed Streamlines Payments Processing for Golf Industry
July 13, 2022  |  eCommerce

Point-of-sale (POS) and eCommerce software provider Lightspeed Commerce is launching an expanded version of its payments processing solution to meet the needs of the golf...

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PYMNTS Summer Series: The ‘Great Blending’ Sees Payments Migrate From Utility to Strategic Advantage
PYMNTS Summer Series: The ‘Great Blending’ Sees Payments Migrate From Utility to Strategic Advantage
July 07, 2022  |  Digital Payments

Merchants have traditionally viewed payments as a utility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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

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...

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

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,...

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