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 
Point-of-Sale(PoS) Trends in Middle East and Africa
Payments Dive
NOVEMBER 16, 2018
In the Middle East, the POS is fast-evolving from a mere transaction acceptance device to an integral component of the customer's omni-channel journey.
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.
Stripe Terminal’s expanding ecosystem: New partnerships bring flexibility and innovation to unified commerce
Stripe
OCTOBER 8, 2024
We’re excited to announce a host of partnerships that allow Terminal to work with more third-party hardware, processors, and point-of-sale (POS) systems. This provides more choice and flexibility for integrating Terminal into your existing in-person payment stack and adding innovative checkout experiences.
UPI QR payment acceptance comes to UAE
Finextra
JULY 3, 2024
NIPL), has enabled the acceptance of QR code-based Unified Payments Interface (UPI) payments across Network’s point-of-sale (POS) terminals in the UAE. Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, in partnership with NPCI International Payments Ltd.
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.
Shift4 acquires majority stake in hospitality POS business Vectron
Finextra
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.
Flutterwave and 9jahotel.com launch PoS system
The Paypers
OCTOBER 15, 2024
Flutterwave , a fintech solution provider, has established a partnership with 9jahotel.com to launch a point-of-sale (PoS) system aimed at improving hotel management in Nigeria.
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).
DNA Payments introduces Alipay+ for global transactions
The Paypers
MAY 28, 2024
UK-based fintech company DNA Payments has expanded its range of point-of-sale (POS) alternative payment methods by introducing Alipay+.
LenderLogix Integrates with Truv to Enhance the Borrower Applicant Verification Process
Finovate
AUGUST 21, 2024
Consumer-permissioned data platform Truv announced an integration with mortgage point-of-sale (POS) and automation software provider LenderLogix. The integration will enable mortgage lenders to more easily verify income and employment data from mortgage applicants.
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Lopay and YouLend team up to offer financing to UK SMEs
The Paypers
SEPTEMBER 25, 2024
UK-based point-of-sale (POS) solution Lopay has entered into a strategic agreement with YouLend to further support SMEs in the UK by providing them with financing.
EazyPay to provide Tabby's buy now, pay later on POS temrinals network
Finextra
MARCH 18, 2024
Eazy Financial Services “EazyPay”, a leading Bahraini financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, proudly announces is collaboration with Tabby, MENA’s leading shopping and financial services apps.
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.
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.
TRAY and Olo digitalise experiences for restaurant guests
The Paypers
MAY 21, 2024
US-based POS platform TRAY has strengthened its partnership with Olo to integrate Olo Pay card-present processing with its point-of-sale (POS) system.
Zeller launches Zeller Terminal 2
The Paypers
AUGUST 26, 2024
Australia-based neobank for SMEs Zeller has announced the launch of Zeller Terminal 2, an all-in-one payments and point-of-sale (POS) solution for businesses of all sizes.
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.
PayBy introduces new POS solution in the UAE
The Paypers
AUGUST 20, 2024
PayBy , a fintech company operating under Astra Tech , has introduced a new point-of-sale (POS) system in the UAE.
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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RBI to issue an additional licence framework
The Paypers
APRIL 16, 2024
The Reserve Bank of India (RBI) has planned to issue an additional licence category for point of sale (POS) businesses in a bid to improve the offline payments ecosystem.
Fingerprints Supports Thales Biometric Payment Card First Launch in Türkiye With Garanti BBVA
Fintech Finance
MARCH 11, 2024
Beyond speed, security and convenience the biometric payment card integrates flawlessly with existing bank infrastructures and Point-of-Sale (POS) systems without requiring upgrades. The launch marks Fingerprints’ and Thales’ eleventh commercial roll out globally for biometric payment cards.
Bahrain's EazyPay joins forces with Visa
Finextra
FEBRUARY 28, 2024
In a groundbreaking partnership, Eazy Financial Services “EazyPay”, a leading Bahraini financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, has joined forces with Visa, a global leader in digital payments, to enable Visa Direct, a cutting-edge funds transfer solution for EazyPay’s customer base.
Synchrony to acquire Ally Financial's POS financing business
The Paypers
JANUARY 22, 2024
US-based Synchrony has reached a definitive agreement with digital financial services company Ally Financial to acquire the latter’s point-of-sale (POS) financing business
Strategic Partnership: Tarabut & Geidea Sign MOU to Explore Game-Changing SME Financing Solutions in Saudi Arabia
Fintech Finance
NOVEMBER 20, 2024
With over 75% 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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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.
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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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.”
Bajaj Finance, Worldline India partner for POS payments
The Paypers
JUNE 20, 2022
Bajaj Finance has partnered with Worldline to develop point-of-sales (POS) payments acquiring solutions for its merchant network, according to mint.
EazyPay Partners with Visa to transform Bahrain’s funding landscape with cutting-edge Visa Direct solution
Fintech Finance
FEBRUARY 28, 2024
In a groundbreaking partnership, Eazy Financial Services “EazyPay” , a leading Bahraini financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, has joined forces with Visa , a global leader in digital payments, to enable Visa Direct, a cutting-edge funds transfer solution for EazyPay’s customer base.
PhonePe launches POS solution for merchant partners
The Paypers
JULY 7, 2023
India-based fintech PhonePe has rolled out its Point-of-Sale (POS) device aimed at simplifying the checkout process for merchants and provide a seamless experience.
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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Lopay partners with TrueLayer to offer instant payouts
The Paypers
AUGUST 8, 2023
UK-based point-of-sale (POS) solution Lopay has partnered with UK-based Open Banking payments network TrueLayer to offer instant payouts.
Mastercard Recognizes JazzCash with ‘Pioneering Telco to Launch Tap on Phone’ Award
Fintech Finance
OCTOBER 24, 2024
million debit and credit cards in Pakistan, there are only 125,593 point-of-sale (PoS) machines. This way, we are enabling micro, small, and medium enterprises (MSMEs) to reap the full benefits of the digital economy.” Despite the presence of approximately 50.37
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Kazang Pay Launches Card Acquiring Service in Zambia
Fintech Finance
OCTOBER 2, 2024
million debit, credit and ATM cards in issue and 41,000 point of sale (POS) terminals in place. The value of POS transactions has grown to K 111.4 In Zambia, there are around 3.8 billion by 2022 from less than K 20 billion in 2018, according to the Bank of Zambia.
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Magnati and Wio Bank Join Forces to Accelerate Embedded Finance Usage Across UAE
The Fintech Times
OCTOBER 2, 2024
Magnati’s platform integrates real-time Point of Sale (POS) payment data to offer financial solutions to merchants. In line with this, Magnati , the payments solutions provider in the Middle East has partnered with Wio Bank PJSC , the regional bank providing embedded finance solutions through its merchant financing platform.
American Express Bolsters Virtual Card Processing for US Merchants
The Fintech Times
OCTOBER 3, 2024
Many suppliers continue to process virtual card payments manually, including the opening of each email and copying the tokenised card number in their Point-of-Sale (POS) terminal. Virtual cards offer a dynamic payment option that replaces a physical card number with a tokenised, one-time-use digital version.
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Comdata unveils premier C-Store POS solutions powered by GK
The Paypers
MARCH 22, 2023
US-based fintech Comdata has announced the release of a premier c-store point-of-sale (POS) solution for retailers, travel centres, and truck stops across the US.
Amazon plans to roll out point-of-sale solution
The Paypers
SEPTEMBER 10, 2021
Amazon has started working on a point-of-sale (POS) offering aimed at non-Amazon sellers that’ll have integrations with Amazon-branded services, according to documents reviewed by Insider.
Pine Labs partners ICICI Bank to accept digital rupee payments
The Paypers
MAY 2, 2023
India-based Pine labs has partnered with ICICI Bank to accept digital rupee payments at its point-of-sale (PoS) terminals.
Premier Bank, Mastercard, and Tappy Technologies Launch Tokenization-Passive Payment Wearables, Revolutionizing the Future of Payments
Fintech Finance
OCTOBER 17, 2024
These devices enable consumers to make swift, secure payments by simply tapping their wearable at any compatible point-of-sale (POS) terminal, ATM, or NFC-enabled payment point.
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How a PIN Works on Credit Cards and Debit Cards
Clearly Payments
OCTOBER 22, 2024
Card Presentation : The customer inserts or taps their card at the point-of-sale (POS) terminal , which may require PIN entry depending on the card type and transaction. When a customer uses a credit or debit card at your store, the transaction follows a specific process if a PIN is required.
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InvoiceMate and 24SEVEN Look to Offer Blockchain Financing Solutions to Thousands of UAE-Based SMEs
The Fintech Times
MAY 22, 2024
The power of blockchain financing 24SEVEN will enable real-time data at the Point-of-Sale (POS) through its Optima hardware devices and bespoke software, while credit scoring these stores using their AI-powered credit scoring application.
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