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

Citcon Sees Trillion Dollar Opportunity For QR-Friendly Merchant POS Systems
Citcon Sees Trillion Dollar Opportunity For QR-Friendly Merchant POS Systems
July 15, 2021  |  Payment Methods

As much as consumers are out and about and heading back into stores, Citcon President and COO Wei Jiang told PYMNTS, they’re not the people...

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Today In Payments: Amazon Moving Prime Now Ordering To Main App; JPMorgan Launches Morgan Health
Today In Payments: Amazon Moving Prime Now Ordering To Main App; JPMorgan Launches Morgan Health
May 21, 2021  |  News

In today’s top news, Amazon is bringing its Prime Now ordering service to its main Amazon app, and JPMorgan Chase is launching its own healthcare...

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Restaurant Roundup: SBA, FinTechs Team Up As Restaurants Rebuild
Restaurant Roundup: SBA, FinTechs Team Up As Restaurants Rebuild
April 23, 2021  |  Restaurant Roundup

As restaurants look to rebuild and recover from the oftentimes devastating events of the last 13 months, many are applying for federal aid from the...

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Toast Teams With SBA To Streamline $28.6 Billion Restaurant Grant Process
Toast Teams With SBA To Streamline $28.6 Billion Restaurant Grant Process
April 23, 2021  |  News

Point-of-sale (POS) FinTech Toast is partnering with the U.S. Small Business Administration (SBA) to help streamline the application process for restaurant industry grants. The $28.6 billion...

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Toast Introduces Contactless Tools For Restaurant POS Payments
Toast Introduces Contactless Tools For Restaurant POS Payments
April 13, 2021  |  Restaurant innovation

The Boston-headquartered point-of-sale (POS) and restaurant management platform Toast is launching a suite of contactless tools to help eateries boost revenue, the company said in...

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Today In Payments: PayPal Launches New Merchant Fraud Protection Tool; Microsoft Acquires Nuance For $19.7 Billion
Today In Payments: PayPal Launches New Merchant Fraud Protection Tool; Microsoft Acquires Nuance For $19.7...
April 12, 2021  |  News

In today’s top news, PayPal has launched a new fraud protection tool for businesses, and Microsoft acquired AI healthcare tech firm Nuance Communications. Plus, Walmart...

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When Will Consumers Cut The In-Store POS Cord?
When Will Consumers Cut The In-Store POS Cord?
April 12, 2021  |  Payments Innovation

Netflix first introduced its streaming service in the U.S. in January of 2007. It landed with a bit of a thud with analysts and pundits....

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Payroc: ISOs Need Integrated Approach to Help Merchants Sell Across Borders
Payroc: ISOs Need Integrated Approach to Help Merchants Sell Across Borders
April 08, 2021  |  International

International eCommerce is coming into its own. A recent report showed that it grew 30 percent from February 2020 to March 2021. As eCommerce becomes...

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Podium Unveils Card Reader For ‘Frictionless’ Payments
Podium Unveils Card Reader For ‘Frictionless’ Payments
April 05, 2021  |  Payment Methods

Podium, the communication/payments platform for local businesses, has launched a new point-of-sale (POS) device to give customers new ways to collect and manage payments. Podium...

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