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

FOMO Pay and Mastercard Collaborate on Tap-on-Phone Payments
FOMO Pay and Mastercard Collaborate on Tap-on-Phone Payments
November 11, 2024  |  Payment Methods

Singapore’s FOMO Pay has teamed with Mastercard to debut a tap-on-phone payment solution. FOMO SoftPOS, announced Friday (Nov. 8), lets merchants accept contactless card payments...

READ MORE >
Toast Says Payments, Lending Are Digital Recipe for Retention
Toast Says Payments, Lending Are Digital Recipe for Retention
November 08, 2024  |  Earnings

Digital transformation is serving up new efficiencies for the restaurant and hospitality sector. With razor-thin margins, shifting consumer tastes and an insatiable demand for convenience,...

READ MORE >
Lightspeed Focuses on Software Revenue and Stays Mum on Sale Rumors
Lightspeed Focuses on Software Revenue and Stays Mum on Sale Rumors
November 07, 2024  |  Point of Sale

With revenues climbing, Lightspeed Commerce says it is focusing on its software offerings. The point of sale and digital commerce firm announced earnings Thursday showing...

READ MORE >
Fiserv and Clover Serve Up New Tools for Small Businesses
Fiserv and Clover Serve Up New Tools for Small Businesses
October 31, 2024  |  B2B Payments

Fiserv has introduced a new suite of tools for small businesses. The offering, rolled out via the payments and financial services technology solutions company’s Clover point-of-sale and...

READ MORE >
Adyen Expands ‘Tap to Pay on iPhone’ to 5 More Countries
Adyen Expands ‘Tap to Pay on iPhone’ to 5 More Countries
October 30, 2024  |  Point of Sale

Global financial technology platform Adyen has extended the availability of Tap to Pay on iPhone to five more countries: Austria, Czech Republic, Ireland, Romania and...

READ MORE >
Embedded POS Innovations Are Reshaping the Way Main Street Does Business
Embedded POS Innovations Are Reshaping the Way Main Street Does Business
October 22, 2024  |  Point of Sale

The days of the old-school cash register are numbered. They may even already be over. The final note on their obituary? It’s the fact that...

READ MORE >
No Cash, No Problem: Mobile Payments Surge as Businesses Ditch Hardware
No Cash, No Problem: Mobile Payments Surge as Businesses Ditch Hardware
October 21, 2024  |  Mobile

Gone are the days of customers fumbling in their back pockets for cash or cards. “Innovations like tap on mobile and mobile wallets go a...

READ MORE >
71% of Merchants Expect Software to Replace Traditional Point-of-Sale Terminals
71% of Merchants Expect Software to Replace Traditional Point-of-Sale Terminals
October 07, 2024  |  Point of Sale

As digital payment technology evolves, software point-of-sale (SoftPOS) solutions are emerging as a transformative force in payments. With the potential to democratize payment acceptance, SoftPOS...

READ MORE >
Lightspeed Commerce Engages in Discussions of ‘Potential Strategic Alternatives’
Lightspeed Commerce Engages in Discussions of ‘Potential Strategic Alternatives’
September 25, 2024  |  Point of Sale

Lightspeed Commerce responded to media reports of a potential sale of the company, saying that it periodically undertakes a strategic review of its business and...

READ MORE >