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

What’s Next For Payments And Merchant Services Megamergers?

What’s Next For Payments And Merchant Services Megamergers?
What’s Next For Payments And Merchant Services Megamergers?
December 03, 2019  |  Partnerships

It’s been a wild ride for payment and merchant services in 2019. Big mergers have changed the landscape, instant and same-day payments are gaining ground,...

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The Latest Retail Upsell: Insurance At The Point Of Sale
The Latest Retail Upsell: Insurance At The Point Of Sale
December 02, 2019  |  Retail

Every merchant is looking for an edge – a way not only to make more money, but also to hit on fresh methods for building...

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NEM Ventures Invests In Crypto Payments Provider Cyclebit
NEM Ventures Invests In Crypto Payments Provider Cyclebit
November 24, 2019  |  Digital Payments

NEM Ventures, the venture capital and investment arm of the NEM blockchain ecosystem, announced Thursday (Nov. 21) that it has made a strategic investment in...

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FIS: The POS As The Last (And Perhaps Best) Stop To Cement Customer Loyalty
FIS: The POS As The Last (And Perhaps Best) Stop To Cement Customer Loyalty
November 13, 2019  |  Loyalty & Rewards

A satisfied customer is a loyal customer. Perhaps. But, then again, maybe not. The conventional wisdom that all a merchant must do to keep customers...

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How Back-Office FinTech Boosts Spas’ Recurring Revenue Opportunity
How Back-Office FinTech Boosts Spas’ Recurring Revenue Opportunity
November 07, 2019  |  B2B Payments

Every small business (SMB) and entrepreneur wants to boost revenue, and recurring customers are a welcome source of cash inflows. However, for salons and spas,...

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Can Robots Help Solve the Fresh Food Problem?
Can Robots Help Solve the Fresh Food Problem?
November 07, 2019  |  Delivery

Fresh food is one of those products that, depending on the context, can almost feel like a minor luxury. Sure, consumers who can get to...

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Inside Affirm’s ID Verification And Fraud Prevention Techniques
Inside Affirm’s ID Verification And Fraud Prevention Techniques
November 06, 2019  |  Authentication

Stringent ID verification is crucial for online lenders to prevent fraudsters from using stolen identities to rip them off. This means lenders must utilize hard-to-falsify...

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Discover To Start Phased Contactless Launch
Discover To Start Phased Contactless Launch
November 04, 2019  |  Payment Methods

Discover has announced it will start issuing contactless cards over the next several months. “Contactless technology has become increasingly popular with our cardmembers and more...

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