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

SheerID Debuts In-Store Shopping ID Verification Tool
SheerID Debuts In-Store Shopping ID Verification Tool
March 14, 2024  |  Identity

Identity verification firm SheerID has debuted a tool to authenticate in-store shopper IDs. Get the Full Story Complete the form to unlock this article and enjoy...

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Report: SumUp Aims to Raise $1.1 Billion to Refinance Debt
Report: SumUp Aims to Raise $1.1 Billion to Refinance Debt
February 23, 2024  |  Investments

SumUp is reportedly looking to raise 1 billion euros ($1.1 billion) from private credit lenders. Get the Full Story Complete the form to unlock this article...

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Fiserv and Genesis Bank Provide POS Technology to Small Businesses
Fiserv and Genesis Bank Provide POS Technology to Small Businesses
February 20, 2024  |  SMBs

Genesis Bank and Fiserv have formed a new partnership aimed at supporting small businesses in low-to-moderate income (LMI) neighborhoods. Get the Full Story Complete the form to unlock...

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Lightspeed Founder Returns to Lead Firm as CEO Departs
Lightspeed Founder Returns to Lead Firm as CEO Departs
February 15, 2024  |  Personnel

Digital commerce platform Lightspeed has a new CEO: its old CEO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Lightspeed Gross Payments Volume Jumps 69% With Unified Payments Initiative
Lightspeed Gross Payments Volume Jumps 69% With Unified Payments Initiative
February 08, 2024  |  Earnings

Digital commerce firm Lightspeed continues to see success from its unified payments platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Lightspeed Commerce Expands POS and Payment Platform for Retail, Hospitality
Lightspeed Commerce Expands POS and Payment Platform for Retail, Hospitality
January 25, 2024  |  POS Innovation

Lightspeed Commerce has unveiled a range of new features and updates aimed at simplifying and expanding operations for businesses in the retail and hospitality industries. Get...

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Synchrony to Acquire Ally Financial’s POS Financing Arm
Synchrony to Acquire Ally Financial’s POS Financing Arm
January 19, 2024  |  Acquisitions

Synchrony and Ally Financial have reached a definitive agreement for Synchrony to acquire Ally’s point-of-sale financing business.  Get the Full Story Complete the form to unlock this article...

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50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
January 18, 2024  |  Payment Methods

The use of split-pay plans is already widespread, and the last holiday shopping season was no exception, with consumers relying on different installment plans. The...

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DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
January 17, 2024  |  Acquisitions

DMI Group, a pan-India financial services platform, has acquired ZestMoney, a digital credit provider in India.  Get the Full Story Complete the form to unlock this...

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