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

70 Percent Of Merchants Use Progress Bars To Drive Checkout Conversions
70 Percent Of Merchants Use Progress Bars To Drive Checkout Conversions
February 22, 2018  |  Retail

Big merchants have many strategies, but they often lack an online checkout strategy. As a result, merchants may lose millions a year due to the...

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Quick-Service Restaurants (QSRs) Use In-Store Promotions And Events For A Competitive Edge
Quick-Service Restaurants (QSRs) Use In-Store Promotions And Events For A Competitive Edge
February 12, 2018  |  Retail

For nearly three decades, customers of McDonald’s have been able to buy burgers, fries and chance to play an in-house game of McDonald’s Monopoly. By...

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South Korean Starbucks Accepts Alipay For Tourists
South Korean Starbucks Accepts Alipay For Tourists
February 12, 2018  |  Mobile Payments

Chinese tourists looking for a coffee fix in South Korea are in luck, as more than 1,000 Starbucks locations across the country now accept Alipay....

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ALDI Stores Hit With Credit Card Skimmer
ALDI Stores Hit With Credit Card Skimmer
February 08, 2018  |  Security & Fraud

ALDI, the grocery store operator, is being targeted by scammers who are installing credit card skimmers on top of point-of-sale terminals in plain sight. Get...

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Fiserv’s Accel Expands Routing Options
Fiserv’s Accel Expands Routing Options
February 01, 2018  |  POS Innovation

Fiserv, the financial services technology company, announced news on Wednesday (Jan. 31) that its Accel debit payments network has expanded its routing options. Get the...

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QSR Automations Targets Restaurant Delivery, Take-Out Markets With Updates
QSR Automations Targets Restaurant Delivery, Take-Out Markets With Updates
January 23, 2018  |  POS Innovation

Food order-ahead mobile apps are exceedingly good at calculating the best route for drivers, but they don’t always keep consumers informed about the status of...

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58.3 Percent Of Soup, Salad And Bowls QSRs Innovate With Kiosks
58.3 Percent Of Soup, Salad And Bowls QSRs Innovate With Kiosks
January 18, 2018  |  Retail

While quick service restaurants can be slow to innovate, soup, salad and bowls eateries may be among the more forward-thinking of the bunch. When popular...

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Verifone Introduces Remote Payments
Verifone Introduces Remote Payments
January 15, 2018  |  Point of Sale

In an effort to enable merchants to accept payments from nearly anywhere in their stores, Verifone launched its e280 mobile point-of-sale (mPOS) solution, the company...

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ICBA Bancard To Offer Banks Access To NYCE Debit Network
ICBA Bancard To Offer Banks Access To NYCE Debit Network
January 11, 2018  |  Banking

ICBA Bancard, the payments services unit of the Independent Community Bankers of America, announced news on Wednesday (Jan. 10) that ICBA Bancard client banks can...

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