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

Becoming Our Money — And Other Tales From The POS World
Becoming Our Money — And Other Tales From The POS World
June 20, 2018  |  Point of Sale

Perhaps not since the adoption of chip and PIN payments has there existed so much potential for disruption in the point-of-sale market. The rise of...

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AEVI CEO: SMBs Battle To Stay Focused In A Fragmented World Of POS Features
AEVI CEO: SMBs Battle To Stay Focused In A Fragmented World Of POS Features
June 19, 2018  |  SMBs

The pace of advancement in retail has been so fast in recent years, AEVI CEO Mike Camerling told Karen Webster in a recent conversation, that...

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Amazon Restaurants, Big Threat Or Essential Lifeline?
Amazon Restaurants, Big Threat Or Essential Lifeline?
June 18, 2018  |  Payments Innovation

The restaurant industry today is a study in contradictions. Census data tells us that roughly 44 percent of what consumers spend on food comes from...

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How Vending Systems Can Prevent Thefts And Drive Conversions
How Vending Systems Can Prevent Thefts And Drive Conversions
June 12, 2018  |  Unattended Retail

Retailers face a balancing act when it comes to high-value and high-shrink items: How do they protect these items against theft, without sacrificing sales? These...

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TSYS Buys iMobile3, Bolstering SMB Reach
TSYS Buys iMobile3, Bolstering SMB Reach
June 07, 2018  |  Partnerships / Acquisitions

Three months ago, the “build vs. buy” debate got a fair amount of digital ink in these digital pages, focused on merchant services. Get the...

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Deliveroo Launches POS Integration For Restaurants
Deliveroo Launches POS Integration For Restaurants
June 07, 2018  |  POS Innovation

Restaurant food delivery startup Deliveroo announced it is launching point of sale (POS) integrations to its restaurant partners via an API and developer portal. Get...

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PayPal Invests In Pine Labs, The Indian POS Device Maker
PayPal Invests In Pine Labs, The Indian POS Device Maker
May 31, 2018  |  Retail

PayPal, the digital payments company, has participated in a round of fundraising with Pine Labs of India, in which it raised $125 million. Get the...

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Caring Is Sharing (Data)
Caring Is Sharing (Data)
May 31, 2018  |  Today In Data

Everyone wants to rule the data world, but — as Gerhard Oosthuizen, CTO at Entersekt, recently pointed out — it’s not just about having the data;...

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Who Wins And Loses In PayPal’s iZettle Deal
Who Wins And Loses In PayPal’s iZettle Deal
May 21, 2018  |  Partnerships / Acquisitions

PayPal last week announced it will acquire Swedish payments company iZettle in a cash deal valued at $2.2 billion, which is expected to close in...

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