Point-Of-Sale (POS) Payments: Legal And Operational Aspects For Businesses
Agile Payments
SEPTEMBER 5, 2023
Point-Of-Sale (POS) Payments: Legal And Operational Aspects For Businesses
Point-of-Sale (POS) Related Topics 
Half of all contactless payments in Ireland are now made via NFC
NFCW
APRIL 2, 2025
. “Over 1.5bn contactless point of sale (POS) payments, valued at 26.7 billion, were made in shops, restaurants and other retail outlets in 2024,” the organisation says.
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Trending Sources
HyperPay Launches Tap on Phone Solution to Enable UAE Businesses to Use Smartphones as POS Terminals
The Fintech Times
MARCH 16, 2025
Digital payment solutions provider HyperPay has launched its new Tap on Phone payment solution, HyperTap, to enable UAE businesses to receive payments by using smartphones as contactless point-of-sale (POS) terminals.
Geidea Leads the FinTech Revolution in the Region, Starting With a Network of Thousands of Merchants and Preparing for the SoftPos Launch in Egypt
Fintech Finance
NOVEMBER 26, 2024
This technology enables merchants to accept payments via smartphones, eliminating the need for traditional point-of-sale (POS) devices. Since its launch in Saudi Arabia, Geidea has revolutionized the payment landscape by becoming the first company in the Middle East and North Africa (MENA) region to introduce SoftPos solutions.
U.S. Faster Payments Council Publishes Report on Overcoming Usability Impediments to Instant Payment QR Code Adoption
Fintech Finance
MARCH 19, 2025
The report, developed by the FPC QR Code Interface Work Group, highlights critical usability factors affecting adoption, including legacy POS system limitations, integration complexities, scanning device compatibility, and network dependency.
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Epos Now Partners with Lloyds Cardnet
Fintech Finance
MARCH 19, 2025
Epos Now , a leading global AI-driven point-of-sale (POS) provider, today announces a strategic partnership with Lloyds Cardnet , one of the UK’s biggest card payment service providers.
Guavapay and Rangers Football Club announce New Multi-Year Partnership
Fintech Finance
NOVEMBER 25, 2024
As the club’s official Payment Processing Partner, MyGuava Business Point of Sale (POS) terminals will be used around the stadium, ensuring seamless transactions for everyone in attendance.
Is Vietnam Undergoing a Cashless Revolution?
Fintech News
DECEMBER 2, 2024
It’s followed by point-of-sale (POS) terminals with 24 companies and a share of 11%; cryptocurrency and blockchain with 22 companies and a share of 10%; and peer-to-peer (P2P) lending with 21 companies and a share of 9.5%. The payment vertical continues to dominate, with 48 companies and a share of 21.8%.
Aevi Partners With IXOPAY to Connect In-Person and Digital Payment Orchestration for Merchants
Fintech Finance
FEBRUARY 19, 2025
Gain true flexibility Connect any point-of-sale (POS) device to multiple payment processors without being locked into a single provider. This partnership seeks to give businesses the flexibility to: Unify their payments Manage in-person and digital transactions seamlessly.
Nexi Group Enables Swiss Merchants to Accept Consumer Payments via WeChat Pay
Fintech Finance
MARCH 6, 2025
Nexi Group , the European PayTech, has collaborated with WeChat Pay to enable Swiss merchants to accept payments at the point of sale (POS) via the WeChat Pay app.
Visa Tap to Phone Adoption Grows 320% in the UK
Fintech Finance
MARCH 3, 2025
Today, Visa announced that Tap to Phone a technology that turns a smartphone into a point-of-sale (POS) device – has experienced a 200% increase globally over the past year, supporting millions of sellers of all sizes worldwide. In the UK, Tap to Phone adoption is even higher, at a growth rate of 320% [1].
Network International Launches Payfast 2024 State of Pay Report
Fintech Finance
NOVEMBER 21, 2024
A centralised omnichannel point-of-sale (POS) system emerged as the most common Unified Commerce strategy, with 41% of merchants currently using one to streamline payments and customer experience. Of these, over 40% reported that it resulted in higher customer spend.
Understanding POS Security: Protecting Your Business and Customer Data
VISTA InfoSec
MAY 12, 2024
Given this recent wave of cyberattacks, all small businesses must do their part to secure their Point of Sale (POS) systems from unauthorized parties.
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Jaywan, the UAE’s First Domestic Card Scheme Introduced
Fintech Finance
FEBRUARY 28, 2025
The Jaywan scheme will be available in many variants, such as (basic and premium) including debit, pre-paid and credit cards, and can be used in all payment channels like online transactions, ATM withdrawals, and point-of-sale (POS) terminals.
Making Lending More Accessible: NEO PAY and Mashreq Business Banking Launch PoS Solution
The Fintech Times
FEBRUARY 17, 2025
Putting resources behind this claim, the firm’s business banking arm has announced a new partnership with NEO PAY , the digital payments organisation to make lending more accessible for SMEs in the region with the launch of a new point-of-sale (PoS) lending solution.
Mutual Trust Bank Implements New Payment Gateway to Enhance E-Commerce Acquiring Capabilities
The Fintech Times
OCTOBER 30, 2024
” Mutual Trust Bank currently boasts a network of 120 branches, 306 ATMs and over 4000 Point of Sales (POS) machines. We look forward to continuing our collaboration to bring advanced payment solutions to the Bangladesh market.”
Payment Stats That Will Blow Your Mind (and Change Your Strategy)
Clearly Payments
DECEMBER 19, 2024
Ensure that your point-of-sale (POS) systems and e-commerce platforms are optimized for mobile transactions. This trend is especially prominent in Asia-Pacific, where mobile wallets dominate over 50% of the payments market. What It Means for You: Adapting to mobile wallet payments isnt optional anymore.
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Tap to Phone Adoption Grows 320% in the UK, Significantly Exceeding Global Average, Visa Reveals
The Fintech Times
MARCH 4, 2025
Tap to Phone, the technology that turns smartphones into a point-of-sale (POS) device, has seen a 200 per cent increase across the globe in the last year, according to new stats from payments giant Visa.
POS System Costs: Understanding the Investment for Your Business
National Processing
SEPTEMBER 9, 2024
National Processing POS System Costs: Understanding the Investment for Your Business We believe in being transparent with business owners and giving the most detailed information to guide you on payment processing. So, this article provides the clearest breakdown of (point-of-sale) POS system costs you will find.
Tarabut Collaborates With Geidea to Improve Access to Financing for SMEs in Saudi Arabia
The Fintech Times
NOVEMBER 19, 2024
” With over 75 per cent of Saudi Arabia’s point-of-sale (POS) market share, Geidea processes millions of transactions daily for a wide range of businesses, from local outlets to international brands.
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POS Lender Affirm Delays IPO Until At Least January
PYMNTS
DECEMBER 13, 2020
Point-of-sale (POS) lender Affirm is putting on hold its initial public offering (IPO), which had been scheduled for this month, The Wall Street Journal reported, citing unnamed sources. WSJ did not give a definitive reason for the delay in Affirm Holding Inc.'s
Shiji and FreedomPay Announce Partnership to Transform Mexican Hospitality Payment Solutions
Fintech Finance
AUGUST 21, 2024
This partnership between Shiji and FreedomPay will provide a seamless, integrated payments solution to point-of-sale (POS) and property management systems (PMS).
Shift4 Acquires Majority Stake of German Point-of-Sale Company Vectron Systems Ag and Completes Previously Announced Acquisition of Revel Systems
Fintech Finance
JUNE 17, 2024
Shift4 , the leader in integrated payments and commerce technology, has acquired a majority stake in Vectron Systems AG , one of the largest European suppliers of point-of-sale (POS) systems to the restaurant and hospitality verticals.
Salaam Somali Bank and Mastercard Launch Innovative Digital-First Multi-Currency Prepaid Card
Fintech Finance
JULY 30, 2024
This includes merchant Point of Sale (POS) terminals, Automated Teller Machines (ATMs), or online e-commerce platforms. The Waafi card offers a seamless digital banking experience for domestic and international transactions, enabling customers to perform digital payments anytime, anywhere.
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2C2P and MineSec Launch Android App for Merchants to Accept Card, QR Payments
Fintech News
JUNE 25, 2024
2C2P, a full-suite payments platform, and MineSec have launched a new cloud-based Point of Sale (POS) payment app for Android devices in Singapore. This collaboration introduces a versatile solution enabling businesses to accept Tap-to-Pay and QR payments directly on NFC-enabled Android devices.
eCommerce FinTech Katapult To Go Public By Merging With SPAC
PYMNTS
DECEMBER 18, 2020
Katapult offers eCommerce point of sale (POS) choices for U.S. Since our inception, Katapult’s goal has always been to provide a clear, transparent and attractive transaction solution for nonprime consumers to access the essential products they need for everyday living,” Katapult CEO Orlando Zayas said in the announcement.
Adyen and the BMW Group Extend Payment Partnership from E-Commerce to POS
Fintech Finance
AUGUST 5, 2024
The integration of Adyen’s point-of-sale (POS) solutions into the BMW ecosystem now enables the BMW Group to provide a seamless and best-in-class payment experience also in an offline context for its customers at BMW Welt and the BMW Museum.
Today In Payments Around The World: IBM Buys Canadian Firm Expertus Technologies; GoJek Unveils GoBiz Plus System For Merchants
PYMNTS
DECEMBER 16, 2020
In today’s top payments news around the world, IBM has bought Canada-based Expertus Technologies, while Gojek is rolling out its new GoBiz Plus point-of-sale (POS) offering. Gojek Debuts POS System for Indonesian Merchants That Accepts Cashless Payments. IBM Acquires Canadian FinTech Expertus.
Mastercard Debuts NextGen Contactless Technology
PYMNTS
JANUARY 25, 2021
Mastercard has been modernizing with much of the rest of the world, including launching a cloud-based point-of-sale (POS) technology, with the goal of widening the amount of payment types there can be. One senior official said the cloud could help extend developments out through a larger community overall.
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JPMorgan Takes On Square And PayPal At The Point Of Sale
PYMNTS
OCTOBER 21, 2020
Before Square, launched by Twitter co-founder Jack Dorsey in 2009, SMBs had a hard time maneuvering point-of-sale (POS) card transactions. He added that instant funds can help SMBs better manage cash flow . Square now manages $100 billion in annual payments and has an $83 billion market capitalization, the article said.
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Fintech Solutions for SMEs: Unlocking Growth Potential
Fintech Review
NOVEMBER 27, 2024
Fintech innovations Point-of-Sale (POS) Innovations Affordable POS solutions like Square and Yoco allow SMEs to accept card payments without traditional banking infrastructure. Yoco, for instance, provides small card readers at low costs, making it accessible for SMEs in South Africa.
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A Detailed Guide on Point Of Sale Systems (POS Systems): Everything You Need To Know
Stax
JANUARY 21, 2025
Any merchant who transacts in the offline world (like brick-and-mortar stores or even mobile businesses) needs a modern point-of-sale (POS) system. The right solution will enable you to ring up sales with ease, as well as manage the various components of your business.
Card is King: Worldpay Reveals Global Payment Preferences as Cash Usage Drops 22%
The Fintech Times
MARCH 14, 2025
However, the decline has since stabilised and in 2024, 10 per cent of point-of-sale (POS) transactions were made using cash (accounting for 128billion of in-store transactions).
Mastercard Launches Pilot Program Using Smartphones As POS Devices
PYMNTS
JANUARY 11, 2021
The company said the setup “democratizes point-of-sale technology by turning an Android smartphone or tablet into an acceptance device — allowing businesses to accept contactless payments (and) minimizing the need to invest in hardware terminals or extra features.”
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The Ultimate Guide to Accepting Credit Card Payments
Stax
MAY 6, 2025
The process begins from the moment the customer makes a card payment to the point when the transaction is authorized and settled. They could use a Point-of-sale (POS) system, hardwired credit card reader, or a mobile credit card terminal depending on their preference and business model.
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The Anatomy of a Credit Card Transaction
Clearly Payments
MARCH 14, 2025
It involves the following process: Cardholder Initiates Payment : The cardholder presents their card at the point-of-sale (POS) terminal , online checkout, or mobile payment system. Point-of-Sale (POS) Systems Hardware terminals that accept EMV chip, magnetic stripe , and contactless payments.
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Revolut Brings Latest Generation Terminal to Disrupt POS Competition Ahead of Busy Retail Season
Fintech Finance
OCTOBER 14, 2024
A new point of sale device optimised for speed, Revolut Terminal will allow businesses to accept payments in seconds and meet the growing demand for quick, reliable point-of-sale (POS) devices.
TD Bank introduces Tap to Pay on iPhone for small businesses
Finextra
FEBRUARY 22, 2024
to use their mobile phone for a seamless and secure point-of-sale (POS) experience. TD, America’s Most Convenient Bank®, today announced the launch of Tap to Pay on iPhone, enabling small and micro business owners across the U.S.
Tribe Payments Urges Firms to Embrace SoftPOS as 30% Identify Outdated Paytech as Biggest Challenge
The Fintech Times
NOVEMBER 18, 2024
Over a quarter (28 per cent) of merchants’ in-person point of sale (POS) systems cannot support alternative payment methods like digital wallets and QR codes, according to a new study by digital payments and infrastructure orchestrator Tribe Payments.
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All You Need to Know About Internet Credit Card Payment Processing
Stax
MARCH 5, 2025
Think of the gateway as the online equivalent of a card reader or point of sale (POS) system in a brick-and-mortar store. They also often provide the actual equipment you need to accept credit card payments, like the point of sales (POS) terminal.
Epos Now and Lloyds Cardnet develop unified platform
Finextra
MARCH 19, 2025
Epos Now, a leading global AI-driven point-of-sale (POS) provider, today announces a strategic partnership with Lloyds Cardnet, one of the UKs biggest card payment service providers.
Adyen Continues to Pioneer the In-Person Payment Space with Host of New Industry-Defining Products
Fintech Finance
SEPTEMBER 26, 2024
SFO1 allows enterprise and platform businesses to maintain consistent brand presence and engage customers dynamically, by seamlessly integrating with their point of sale (POS) systems or partners, while reducing counter clutter and costs.
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Intuit QuickBooks Enables Tap to Pay on iPhone for Small and Mid-Market Businesses to Accept Contactless Payments
Fintech Finance
MARCH 12, 2025
Tap to Pay on iPhone allows QuickBooks Payments* customers to access an easy way to accept in-person contactless payments from anywhere using an iPhone and the QuickBooks mobile or GoPayment iOS apps, without the need for an additional card reader or point-of-sale (POS) hardware.
A Comprehensive Look at Canadian Banks and How They Offer Payment Processing
Clearly Payments
NOVEMBER 23, 2024
They provide point-of-sale (POS) terminals, online payment gateways, and mobile payment solutions. Moneris has become a leading payment processor in Canada, offering comprehensive solutions like point-of-sale (POS) systems , e-commerce payment gateways, and fraud protection.
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