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

RBI Releases Guidelines For Electronic Card Payments

RBI Releases Guidelines For Electronic Card Payments
RBI Releases Guidelines For Electronic Card Payments
January 08, 2019  |  Safety and Security

The Reserve Bank of India has released guidelines for what it calls the “tokenization” of debit and credit card transactions, according to reports. Get the...

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2019: What To Take Forward And What To Leave Behind
2019: What To Take Forward And What To Leave Behind
January 07, 2019  |  Payments Innovation

Welcome to the first Monday of 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Moving From POS To Point Of Interaction
Moving From POS To Point Of Interaction
January 03, 2019  |  POS Innovation

One size never fits all in retail — so why should it be any different with payments? Get the Full Story Complete the form to...

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Visa: Why Consumers Are In Control At The POS
Visa: Why Consumers Are In Control At The POS
December 31, 2018  |  Commentary

Carleigh Jaques, SVP, global head of merchant digital products at Visa, contributed the following piece as part of PYMNTS’ 2018 year-end eBook. Get the Full Story...

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Listen Up: Best PYMNTS Podcasts Of 2018
Listen Up: Best PYMNTS Podcasts Of 2018
December 26, 2018  |  Podcast

Don’t think of them as mere podcasts — though PYMNTS certainly does a lot of podcasts, discussing with payments and commerce experts the hottest topics...

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Square Talks Temp Payroll
Square Talks Temp Payroll
December 21, 2018  |  Personnel

The holiday season always brings with it a major crush of hiring for temporary employees — and the year 2018 was widely forecasted to be...

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Did Payments 2018 Predictions Come True?
Did Payments 2018 Predictions Come True?
December 17, 2018  |  Payments Innovation

In about two weeks, 2018 will be one for the history books. And from a payments and commerce perspective, it really has been one heck...

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JetPay Payment Processing Goes Live Via NCR
JetPay Payment Processing Goes Live Via NCR
December 12, 2018  |  Payment Methods

Urban Eatz in Richardson, Texas, has become the first NCR customer to use JetPay payment processing through its point-of-sale (POS) software. Back in October, NCR...

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ShopKeep Closes $65M Growth Round
ShopKeep Closes $65M Growth Round
December 11, 2018  |  Investments

ShopKeep, a tablet-to-cloud and point-of-sale (POS) payment platform for retailers and restaurants, has closed a $65 million round of equity and debt financing, according to...

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