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

Paymob and Foodics Team on POS Tech for Egyptian Restaurants
Paymob and Foodics Team on POS Tech for Egyptian Restaurants
November 22, 2022  |  Partnerships

Cairo-based FinTech Paymob and Riyadh-based restaurant technology provider Foodics announced that they have partnered to provide point-of-sale (POS) devices to the hospitality sector in Egypt....

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Holiday Spending Hinges on Checkout Innovation and BNPL
Holiday Spending Hinges on Checkout Innovation and BNPL
November 18, 2022  |  Checkout Conversion

This holiday season, the final critical checkout moment — be it at the register, the self-service kiosk or especially hovering above an online buy button...

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National Retail Solutions, Uber Partner on Delivery for Neighborhood Stores
National Retail Solutions, Uber Partner on Delivery for Neighborhood Stores
November 17, 2022  |  Retail

Point-of-sale (POS) platform operator National Retail Solutions (NRS) and Uber Technologies have partnered to facilitate delivery from participating NRS local retailers and bodegas.  The partnership...

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49% of Consumers Use Digital Wallets to Pay Bills
49% of Consumers Use Digital Wallets to Pay Bills
November 15, 2022  |  Digital Payments

Contactless payment for purchases at the point of sale (POS) have been gaining traction, in the aisles and at payment terminals. But the use of...

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POSaBIT Debuts New Version of Cannabis Sales Platform
POSaBIT Debuts New Version of Cannabis Sales Platform
November 15, 2022  |  Payment Methods

Cannabis industry FinTech POSaBIT has debuted an enhanced version of its point-of-sale platform as the sector sees continued demand for new payment services. According to...

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Nigeria’s SMEs Boost Traffic and Cut Fraud With Cardless Transfers
Nigeria’s SMEs Boost Traffic and Cut Fraud With Cardless Transfers
November 10, 2022  |  Payments Innovation

Card payments, as ubiquitous as they may appear, are actually not the preferred payment method in certain markets. Take the case of Nigeria, for example....

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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,...

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

As retailers scramble to capture every holiday dollar they can with aggressive markdowns and sales, paying for those purchases continues to see buy now, pay...

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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...

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