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

For Merchant Acquiring, Asia’s Banks Must Go Fax to the Future
For Merchant Acquiring, Asia’s Banks Must Go Fax to the Future
April 04, 2017  |  Data Drivers

In Asia, banks looking to serve the burgeoning number of new merchants are faced with unraveling and retooling any number of antiquated processes, like using...

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Ziosk Launches Mobile Wallet
Ziosk Launches Mobile Wallet
March 31, 2017  |  Retail

Any parent of small children who has recently eaten at Olive Garden or Chili’s would probably fully support nominating Viren Balar for the Nobel Peace Prize....

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Square Now In UK, To Use UK As A Launch Pad For European Expansion
Square Now In UK, To Use UK As A Launch Pad For European Expansion
March 29, 2017  |  Payment Methods

Square, Jack Dorsey’s payment company, is now available in the U.K. as of Tuesday (March 28), reported CNBC. Get the Full Story Complete the form...

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ATMs Drive Debit Card Fraud To Record Heights
ATMs Drive Debit Card Fraud To Record Heights
March 29, 2017  |  Security & Fraud

Fraud detection and prevention is no cottage industry. As debit and credit cards grow in the field, making inroads to consumers where they’d not been...

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Creditcall And Credorax Partner On Omnichannel Payment Platform
Creditcall And Credorax Partner On Omnichannel Payment Platform
March 28, 2017  |  eCommerce

To enable the European SME market, U.K.-based payment service and gateway provider Creditcall and FinTech-company-turned-pan-European-acquirer Credorax have partnered to launch an integrated omnichannel payment platform...

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PaySimple Releases New POS Software For Service Businesses
PaySimple Releases New POS Software For Service Businesses
March 24, 2017  |  Point of Sale

PaySimple has created unique and easy-to-use point-of-sale software for service-based businesses with the Service Point of Sale (sPOS) platform. Get the Full Story Complete the...

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MunchOn Inks Deal With Chowly For Online Food Orders
MunchOn Inks Deal With Chowly For Online Food Orders
March 23, 2017  |  Retail

MunchOn, the New Jersey restaurant online ordering provider, announced Wednesday (March 22) it inked a preferred partnership agreement with Chowly, the Chicago company that provides...

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Elevating Travel Payments Without Causing Friction
Elevating Travel Payments Without Causing Friction
March 23, 2017  |  Payment Methods

Journeys to even the most scenic of destinations can often be fraught with payments friction, but mobile payments and other new technology is starting to...

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