Remove Non-Bank Remove Online and Mobile Banking Remove Point-of-Sale (POS)
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Analysed: The future of point of sales (POS) systems

The Payments Association

Analysed: The future of point of sales (POS) systems 10 July 2025 by Payments Intelligence What is this article about? How modern point-of-sale (POS) systems are evolving into cloud-native, AI-driven platforms central to retail operations. Why is it important? What’s next? trillion globally by 2027.

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Digital Wallets Overtake Credit Cards as Top E-Commerce Payment Method in Singapore

Fintech News

According to Worldpay’s Global Payments Report 2025, digital wallets now lead e-commerce transactions and are the second most-used payment method for point-of-sale (POS) transactions, accounting for 39% of e-commerce transactions, and 29% of transaction value in 2024. 25%), Apple Pay (22%), GrabPay (12%) and Google Pay (12%).

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The Ultimate Guide to Accepting Credit Card Payments

Stax

Credit cards are a staple in the wallets of consumers today, and they will undoubtedly be a payment method of choice for years to come, particularly as the adoption of mobile and contactless payments continues to grow. Or they could use a mobile credit card terminal if they prefer to collect payments at the table.

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All You Need to Know About Internet Credit Card Payment Processing

Stax

While brick-and-mortar retail isnt going away, todays customers value the convenience of shopping online. That means selling your products and services online allows you to better serve your customers (and reach new ones!) To accept online payments, you need a payment processor and payment gateway. all while increasing revenue.

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Credit Card Processing for Small Business: Everything You Need to Know

Stax

Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. A study by the Federal Reserve Bank of San Francisco showed that credit cards account for 31% of all payments, significantly more than cash at 18%, and debit cards at 29%.

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Looking for the Best Payment Gateway? Here’s How to Choose the Right One

Stax

Its a digital evolution of the conventional point-of-sale (POS) terminal. A physical POS terminal requires customers to insert, swipe, or tap their cards on the machine. With a payment gateway, they simply enter their card details online on your website or app.

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Credit Card Payment Integration: How to Integrate Payments into Your Website and Point of Sale

Stax

TL;DR Online payments rely on API or hosted gateways with encryption and fraud detection, while in-store transactions require POS hardware with EMV chip technology and NFC capabilities. The issuing bank verifies whether the customer has enough funds in their account to complete the transaction.