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

Retailers Ready To Drop Credit Card Signatures
Retailers Ready To Drop Credit Card Signatures
April 10, 2018  |  Authentication

With fraud on the rise, credit card networks have realized that customer signatures are simply not a reliable way to authenticate someone’s identity — and...

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KFC Partners With Ingenico Group For Payment Solution
KFC Partners With Ingenico Group For Payment Solution
April 03, 2018  |  EMV

To simplify its path to EMV card acceptance, and to reduce PCI compliance scope, Kentucky Fried Chicken (KFC) has migrated its payments system in the U.S....

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Visa Names The 50 Winners Of Visa Cashless Challenge
Visa Names The 50 Winners Of Visa Cashless Challenge
March 30, 2018  |  VISA

Visa, the payments company, announced Thursday (March 29) the 50 winners of the Visa Cashless Challenge, in which small businesses in the food service industry...

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How Contactless Payments Drive Retail’s In-Store Design
How Contactless Payments Drive Retail’s In-Store Design
March 29, 2018  |  Payment Methods

How to make contact with the idea of contactless? How to bring the mobile wallet to the U.S. in a way that makes a splash...

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Point-Of-Sale Flexibility Inflates Spend
Point-Of-Sale Flexibility Inflates Spend
March 28, 2018  |  Point of Sale

Talk to anyone in the U.S. credit space, and they can tell you about their access to consumer information, such as name, income, education, voting...

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UL: 3DS 2.0 Can Secure Merchants’ Omnichannel Ship
UL: 3DS 2.0 Can Secure Merchants’ Omnichannel Ship
March 28, 2018  |  Security & Fraud

When you turn on a light in your home, chances are the lamp meets the nationally recognized UL Standards, and says so on the tag....

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The Power Of Payments To Make Purchases Happen
The Power Of Payments To Make Purchases Happen
March 26, 2018  |  Today In Data

Keeping customers satisfied is hard work. With so many things to do to smooth a customer’s journey, it’s easy to forget the payment part —...

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First Data Expands Alipay Acceptance To 600M Chinese Users
First Data Expands Alipay Acceptance To 600M Chinese Users
March 19, 2018  |  Mobile Payments

Ant Financial’s Alipay is expanding across North America as it broadens its partnership with First Data, the companies announced Monday (March 19). Get the Full...

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