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

Convenience Stores Prioritize Scan and Pay as Other Retailers Hold Off

Convenience Stores Prioritize Scan and Pay as Other Retailers Hold Off
Convenience Stores Prioritize Scan and Pay as Other Retailers Hold Off
January 25, 2023  |  Payment Methods

As retailers weigh the pros and cons of scan-and-pay, PYMNTS data shows convenience stores are amenable. The Context Self-checkout technologies can be a mixed bag...

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Lynk Offers Pay By Bank to Help Smaller Retailers
Lynk Offers Pay By Bank to Help Smaller Retailers
January 17, 2023  |  Payment Methods

Payments platform Lynk has added Pay by Bank to its portfolio due to high customer demand. The feature lets businesses reduce their credit card processing...

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IPCMobile Launches Single-Source Mobile POS Platform
IPCMobile Launches Single-Source Mobile POS Platform
January 17, 2023  |  Mobile Payments

IPCMobile has launched a mobile point-of-sale (POS) platform that includes hardware, software and pricing options from a single source. The new QuantumPay is designed to...

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Retailers Prioritize Payments Choice at Checkout in 2023
Retailers Prioritize Payments Choice at Checkout in 2023
January 17, 2023  |  Payment Methods

For merchants, offering a broad range of payment methods must be a 2023 priority. “We’re living through a fairly tumultuous economic climate at the moment,” Paul...

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Tulip Adds Tap to Pay on iPhone to POS System
Tulip Adds Tap to Pay on iPhone to POS System
January 11, 2023  |  Mobile Payments

Tulip has added Tap to Pay on iPhone to its omnichannel point-of-sale (POS) system. Enabled by the company’s partnership with global FinTech platform Adyen, this...

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Italians Twice as Likely to Use eWallets for eCommerce Transactions
Italians Twice as Likely to Use eWallets for eCommerce Transactions
January 04, 2023  |  Digital Payments

Italian consumers are twice as likely to use a mobile wallet online compared to in-store. On a global scale, Italy emerged fourth in mobile wallet...

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Nexi Digital Payment Services to Integrate With Olivetti Cash Registers
Nexi Digital Payment Services to Integrate With Olivetti Cash Registers
December 27, 2022  |  Point of Sale

Nexi has signed an agreement to integrate its payment services with Olivetti cash registers. The memorandum of understanding will see the two Italian firms —...

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Grocers Tap Traditional Self-Checkout Even as Cashier-less Options Emerge
Grocers Tap Traditional Self-Checkout Even as Cashier-less Options Emerge
December 20, 2022  |  Point of Sale

Even as some grocers turn to next-gen payment solutions, traditional self-checkout continues to expand. Most recently, grocery chain Weis Markets, which operates about 200 stores...

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