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

Sionic, MX Partner Team on Consumer Bank Payments

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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‘Cultural Fit’ Matters When Picking a B2B Payments Partner
‘Cultural Fit’ Matters When Picking a B2B Payments Partner
July 26, 2022  |  B2B Payments

The days of simply operating with a cash register and credit card machine on the counter are long gone, said Matt Good, senior vice president...

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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. As Dustin Young, senior vice president of acquirer solutions at Cybersource, told PYMNTS CEO Karen Webster, that...

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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  |  Point of Sale

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  |  Point of Sale

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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C2B Payments Solution Provider Sionic Debuts RTP for US Businesses
C2B Payments Solution Provider Sionic Debuts RTP for US Businesses
June 14, 2022  |  Point of Sale

Sionic today announced what it says is the first service allowing immediate point-of-sale payments from customer accounts to business accounts. The Atlanta-based company said businesses...

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