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

Digital Shift Leads Mastercard To Take Contactless Payments To The Cloud

Digital Shift Leads Mastercard To Take Contactless Payments To The Cloud
Digital Shift Leads Mastercard To Take Contactless Payments To The Cloud
January 12, 2021  |  Payment Methods

If the sky’s the limit for contactless payments, which the pandemic has certainly shown, and if the technology is deployed across mobile devices … then...

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Verizon Business To Offer Fiserv’s Clover Touchless Payment Services
Verizon Business To Offer Fiserv’s Clover Touchless Payment Services
December 10, 2020  |  Payments Innovation

Verizon Business customers will now be able to utilize Fiserv’s Clover Flex point-of-sale devices to conduct touchless payments, in addition to Fiserv merchant services such...

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Solving B2B eCommerce Friction At The Intersection Of Payments And Trade Credit
Solving B2B eCommerce Friction At The Intersection Of Payments And Trade Credit
November 27, 2020  |  B2B Payments

As B2B eCommerce accelerates its technological innovation, and as adoption grows, it continues to look toward the world of B2C to implement optimized end-user experiences...

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Today In Payments: POS Startup Valued At $8B; PayPal’s Schulman Says Consumers Moving To Crypto In Droves
Today In Payments: POS Startup Valued At $8B; PayPal’s Schulman Says Consumers Moving To Crypto...
November 24, 2020  |  News

In today’s top news, point-of-sale tech startup Toast is valued at $8 billion after a share purchase, and PayPal’s CEO says it’s only a matter...

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COVID-19 Could Push Merchant Surcharging To The Mainstream
COVID-19 Could Push Merchant Surcharging To The Mainstream
November 11, 2020  |  Point of Sale

A settlement some 10 years ago between card networks and merchants over swipe fees technically granted merchants the right to surcharge consumers who pay with...

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Square Earnings: Online Transactions, Square Card Spend See Gains
Square Earnings: Online Transactions, Square Card Spend See Gains
November 05, 2020  |  Earnings

Square posted third-quarter results Thursday (Nov. 5) that showed continued tailwinds in card not present transactions, a continued shift to larger seller contributions to gross payment...

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How BNPL Became This Holiday Season’s Hottest Payments Trend
How BNPL Became This Holiday Season’s Hottest Payments Trend
October 22, 2020  |  BNPL

At this point, half-a-year in and with no clearly defined end in sight just yet, the fact that we’re living in a changed world is...

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Why JPMorgan Wants A Piece Of The SMB POS Market
Why JPMorgan Wants A Piece Of The SMB POS Market
October 21, 2020  |  Point of Sale

For SMBs, what’s in the cards … are more card readers. To that end, the banking giant J.P. Morgan is focused on enabling payments for...

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