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

Fiserv Acquires Bypass Mobile
Fiserv Acquires Bypass Mobile
March 18, 2020  |  Partnerships / Acquisitions

Payments and FinTech leader Fiserv has announced the purchase of independent software vendor (ISV) Bypass Mobile, according to a press release. Get the Full Story...

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Nets Expands Poland Presence With PeP Acquisition
Nets Expands Poland Presence With PeP Acquisition
March 12, 2020  |  Partnerships / Acquisitions

Denmark payments startup Nets said on Thursday (March 12) that it has acquired Polish merchant acquirer Polskie ePłatności (PeP). Get the Full Story Complete the...

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Taking Real-Time Payment Rails To The Tipping Point
Taking Real-Time Payment Rails To The Tipping Point
March 06, 2020  |  Faster Payments

Real-time payments are imperative for running successful operations in today’s global ecosystem. Digital payments sent internationally are expected to move past $1 trillion in 2025,...

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Skip And Paytronix Team Up On Mobile Checkout, Loyalty Incentives
Skip And Paytronix Team Up On Mobile Checkout, Loyalty Incentives
February 27, 2020  |  Point of Sale

Cloud point of sale and mobile checkout company Skip has teamed up with guest experience platform Paytronix Systems to beef up shopper engagement, push revenue...

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Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
February 19, 2020  |  News

In today’s top news, LendingClub buys Radius Bancorp in a “transformative” deal, Walmart reports disappointing quarterly earnings due to tepid holiday sales, and Macy’s is...

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POS Financing: There’s A Lending Marketplace For That
POS Financing: There’s A Lending Marketplace For That
February 19, 2020  |  Point of Sale

In the roughly six decades the card networks have been powering payments at the physical and digital points of sale, it’s hard to imagine that their ubiquity wasn’t...

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How FIs Can Win The Battle Against ‘Smarter’ Payments Fraud
How FIs Can Win The Battle Against ‘Smarter’ Payments Fraud
February 19, 2020  |  Security & Fraud

Not so long ago, payments cyber fraud was done primarily by brute force, through guessing passwords and usernames — a scattershot approach akin to trial...

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CIT Group Unveils New Version Of B2B POS Lending Platform
CIT Group Unveils New Version Of B2B POS Lending Platform
February 14, 2020  |  B2B Payments

CIT Group Inc. has debuted a new version of its B2B point-of-sale (POS) lending platform to help enable real-time lending for business purchases, the company...

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ChargeAfter, Visa Partner To Expand POS Financing Options
ChargeAfter, Visa Partner To Expand POS Financing Options
February 12, 2020  |  Partnerships / Acquisitions

Visa has made a strategic investment in the point-of-sale (POS) financing technology platform ChargeAfter to support its partnership to bring more financing options to checkout,...

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