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

Worldpay Launches Tap-to-Pay Offering for Merchants

Worldpay Launches Tap-to-Pay Offering for Merchants
Worldpay Launches Tap-to-Pay Offering for Merchants
May 02, 2024  |  Payment Methods

Payment facilitators (PayFacs) using Worldpay’s services can now offer their merchants tap-to-pay on iPhone. The payments technology firm said in a Thursday (May 2) press release...

READ MORE >
Epos Now Considers Sale of Minority Stake
Epos Now Considers Sale of Minority Stake
May 01, 2024  |  Point of Sale

British payments group Epos Now is running a private placement process to sell a minority stake in the business and bring on a strategic partner...

READ MORE >
Toast Debuts Restaurant Marketing Tools as Diners Show Caution
Toast Debuts Restaurant Marketing Tools as Diners Show Caution
May 01, 2024  |  ResTech

Restaurant technology platform Toast has debuted digital storefront and marketing tools. Toast’s Digital Storefront Suite offers website and online ordering capabilities, while its Marketing Suite...

READ MORE >
Payments FinTech SumUp Gets $1.6 Billion Private Credit Loan
Payments FinTech SumUp Gets $1.6 Billion Private Credit Loan
May 01, 2024  |  Loans

United Kingdom payments FinTech SumUp is reportedly looking to expand following a $1.6 billion loan. The private credit package will allow SumUp “to refinance existing debt, as...

READ MORE >
GoDaddy Debuts Pocket-Sized POS for Small Businesses
GoDaddy Debuts Pocket-Sized POS for Small Businesses
April 25, 2024  |  Point of Sale

Web provider GoDaddy has introduced a smaller point-of-sale (POS) tool for small businesses. Smart Terminal Flex, announced Thursday (April 25) is designed to fit inside an apron...

READ MORE >
Adyen Reports Digital Transactions Rise 51% as Enterprises Increase Volume
Adyen Reports Digital Transactions Rise 51% as Enterprises Increase Volume
April 25, 2024  |  Earnings

Dutch payments firm Adyen saw its digital processed volume leap 51% year over year during the first three months of 2024. This happened during a...

READ MORE >
Fiserv Sees ‘Pent Up’ Demand for Clover’s POS Hardware and Software Solutions
Fiserv Sees ‘Pent Up’ Demand for Clover’s POS Hardware and Software Solutions
April 23, 2024  |  Earnings

Fiserv’s most recent earnings call Tuesday (April 23) demonstrated continued demand for its point-of-sale (POS) systems that enable merchants to accept payments. The company posted...

READ MORE >
Flatpay Raises $48 Million to Expand POS, Payment Solutions Offering
Flatpay Raises $48 Million to Expand POS, Payment Solutions Offering
April 17, 2024  |  Investments

Flatpay has raised 45 million euros (about $48 million) in a Series B funding round to expand its offering of point-of-sale (POS) systems and payment...

READ MORE >