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

Extending Payment Terms A Competitive Edge — And A Cash Flow Burden
Extending Payment Terms A Competitive Edge — And A Cash Flow Burden
September 12, 2017  |  B2B Payments

Extending payment terms to corporate buyers is painful. Not only does it impose a cash flow burden on the supplier, but, in some cases, those...

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An Appetite For Point-Of-Sale Change
An Appetite For Point-Of-Sale Change
September 06, 2017  |  POS Innovation

Football season is here, and with it, everyone’s favorite stadium food (and least favorite stadium snack prices). According to The Cheat Sheet, a slice of...

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Alibaba Is Building A Five-Story Physical Mall
Alibaba Is Building A Five-Story Physical Mall
September 06, 2017  |  Retail

Chinese eCommerce giant Alibaba is building a physical mall to meld the worlds of offline and online commerce. Get the Full Story Complete the form...

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Quick.me: The Fundamentals Of Ethical SMB Lending
Quick.me: The Fundamentals Of Ethical SMB Lending
September 05, 2017  |  B2B Payments

While some of the entrepreneurs we talk to at PYMNTS seem to have been almost born to solve the problem they founded a company to take...

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Where In The World Is Alipay?
Where In The World Is Alipay?
September 04, 2017  |  International

Where in the world is Alipay? At this point, pretty much everywhere Chinese tourists might want to go, with most of Europe and North America...

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ShopKeep Enters Small Business Lending Market
ShopKeep Enters Small Business Lending Market
August 31, 2017  |  B2B Payments

Like its competitor Square, ShopKeep seems to be stepping closer into its business users’ back offices. Get the Full Story Complete the form to unlock...

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Amazon Prime Comes To Whole Foods POS
Amazon Prime Comes To Whole Foods POS
August 25, 2017  |  Amazon

eCommerce giant Amazon has announced its multi billion dollar acquisition of brick-and-mortar retail grocer Whole Foods Market will close next week. In addition, Amazon Prime...

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What QSRs Can Learn From Stadium Concessions
What QSRs Can Learn From Stadium Concessions
August 21, 2017  |  ResTech

Are you ready for some football? Not until you’ve got snacks and a beer in hand — a process that will cost you both a lot...

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Pay By Sound: It’s Back!
Pay By Sound: It’s Back!
August 09, 2017  |  Payment Methods

Sound travels at 767 miles per hour, so if you want a faster contactless payment, audio waves aren’t a bad vehicle for it. Get the...

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