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

Shopify Shares Fall Over Growth Slowdown
Shopify Shares Fall Over Growth Slowdown
August 01, 2018  |  Earnings

Despite a quarter of new product feature announcements and an order volume milestone, shares of Shopify fell more than 6 percent on Thursday (July 31)...

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Today In Data: The Power In Picking The Right Partners
Today In Data: The Power In Picking The Right Partners
July 31, 2018  |  Today In Data

Good partnerships – Abbott and Costello, Jobs and Wozniak, chocolate and peanut butter – can change the world. When combined, the two individual elements can...

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Toshiba Global Commerce Solutions Sees 46 Percent Market Share Growth
Toshiba Global Commerce Solutions Sees 46 Percent Market Share Growth
July 30, 2018  |  Payment Methods

Toshiba Global Commerce Solutions, the global retail electronic point of sale (EPOS) technology company, announced on Monday (July 30) that it has grown its worldwide self-checkout...

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Google Pay Redesign Launches
Google Pay Redesign Launches
July 09, 2018  |  Google

Google Pay is getting an overhaul with a new user design being launched on Monday (July 9), reported BGR. Get the Full Story Complete the...

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Oracle Brings FinTech Program To Brussels, Blockchain Poised For Growth In India
Oracle Brings FinTech Program To Brussels, Blockchain Poised For Growth In India
June 28, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Oracle’s decision to bring its FinTech Innovation Program to Brussels....

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Are Retailers Ready For Amazon’s Prime Time?
Are Retailers Ready For Amazon’s Prime Time?
June 25, 2018  |  Payments Innovation

My plan on Friday evening was to write a hard-hitting piece on a services segment with incredible marketplace friction. Then I went to Whole Foods...

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Shake Shack Founders Stand By Cashless Move
Shake Shack Founders Stand By Cashless Move
June 20, 2018  |  Payment Methods

Danny Meyer is defending his restaurant group’s decision to test out cashless transactions, saying they are not looking to exclude prospective guests. Get the Full...

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