Clearly Payments

MARCH 31, 2025

Payment Terminal Usage: SMB vs. Enterprise The type of payment terminal a business uses is influenced by transaction volume, security requirements, and integration capabilities. Enterprises: Utilize integrated point-of-sale (POS) systems that connect with inventory, customer data, and analytics tools.

Small Business 59

Small Business Electronic Funds Transfer (EFT) Credit Cards Payments 59

Stax

OCTOBER 21, 2024

Also, credit cards contributed to 27% of the spending at point-of-sale (POS) systems worldwide. However, it can be more expensive for businesses that process large volumes of transactions. Don’t believe it? Here are the numbers to prove it. Over 80% of American adults owned at least one credit card in 2023.

Credit Cards 88

Credit Cards Process Processors Processing Costs 88

Stax

JANUARY 21, 2025

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. The ideal payment gateway should match your business model, target audience, transaction volume, and nature of products or services.

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

Clearly Payments

APRIL 17, 2025

Collecting Data First, businesses gather financial data from different sources, such as: Sales and invoice data from their point-of-sale (POS) or e-commerce system Bank statements showing deposits and withdrawals Reports from payment processors (like PayPal, Stripe, or Clearly Payments) Credit card settlement data 2.

Reconciliation 52

Reconciliation Payment Reconciliation Processors Payments 52

Stax

APRIL 17, 2025

Thats why weve compiled this guide to help you understand how POS systems work, the key features to look for, and how to choose and implement the right software for your retail store. TL;DR A point-of-sale (POS) system is a combination of software and hardware used by businesses to facilitate in-store sales.

Online and Mobile Banking 88

Online and Mobile Banking CRM Point-of-Sale (POS) Debit Card 88

PYMNTS

OCTOBER 21, 2020

Morgan is bringing payments to the point of sale (POS), with an eye on making inroads into a landscape dominated by firms such as PayPal and Square. Those latter two firms have been in the in-store POS market for quite some time (Square, for example, since 2009). and, by extension, the U.S. As reported this week, J.P.

Point-of-Sale (POS) 122

Point-of-Sale (POS) Push-to-Card PayPal Volume 122

PYMNTS

MAY 2, 2019

Beyond the headline numbers, the company showed continued traction with larger sellers across its traditional point-of-sale (POS) products, and in newer offerings spanning debit cards and lending. The company said that gross payment volume (GPV) surged 27 percent to $22.6 11, better than the expected $.08.

Volume 56

Volume Debit Card Point-of-Sale (POS) Push-to-Card 56

Stax

MARCH 18, 2025

It links the merchants eCommerce store or point of sale (POS) system and the financial networks involved. Also, they may not be the best for high-volume businesses. Some may also charge you an extra fee if youre subscribed to a certain plan with a base-level transaction volume and you fail to meet your monthly quota.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

PYMNTS

NOVEMBER 12, 2020

Wells Fargo & Co is seeking to sell its private-label credit card and point-of-sale (POS) financing unit as part of an ongoing strategic review of its businesses. Debit card POS purchase volume hit $102.9 Credit card fees rose $912 million during the third quarter, up from $797 million in the second quarter.

Credit Cards 114

Credit Cards Point-of-Sale (POS) Push-to-Card Debit Card 114

PYMNTS

APRIL 6, 2020

One might expect that in these circumstances, consumers would be even more inclined to take advantage of the contactless payment capabilities of mobile wallets, to avoid swiping their cards at point-of-sale (POS) terminals and pressing keypads touched by many other shoppers. percent reported Walmart Pay usage.

Point-of-Sale (POS) 93

Point-of-Sale (POS) Consumer Shutdown Contactless Payments 93

Clearly Payments

DECEMBER 2, 2024

This involves using a physical point-of-sale (POS) terminal to process card payments. How It Works The customer swipes, inserts, or taps their card on the POS device. Suitable for high-volume retail and service environments. May not support high transaction volumes efficiently. Pros Easy to set up and use.

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

PYMNTS

JULY 30, 2018

Payments processor First Data posted results that topped expectations, buoyed by continued traction in its Global Business Services (GBS) segment, and with continued double-digit growth for Clover, its point-of-sale (POS) business. billion, as compared to consensus of $2.4

Volume 59

Volume ISVS Point-of-Sale (POS) APACS 59

FICO

MARCH 25, 2020

Home Credit , a global non-bank consumer lender, has successfully reduced its credit risk while maintaining loan volumes and keeping approval rates steady by incorporating the FICO® Score X Data to optimize its loan process in China. This type of financial inclusion is good for the consumer and good for our business.

Risk 97

Risk Financial Inclusion Point-of-Sale (POS) Risk Assessment 97

EBizCharge

NOVEMBER 12, 2024

Merchant account providers (MSPs) often offer tailored solutions based on the type of business and online transaction volume. Businesses can open a merchant account in a few key steps to gain access to comprehensive financial statements and reporting tools, helping them better manage transaction volume and payment processing.

Accounts 52

Accounts Online and Mobile Banking MSPS Debit Card 52

PYMNTS

DECEMBER 30, 2020

Accommodating those preferences gives suppliers the opportunity to increase sales volumes and decrease their cash conversion cycles and days sales outstanding (DSO). But not all suppliers have the point-of-sale (POS) infrastructure that is necessary in order to accept card payments.

B2B 105

B2B Process Point-of-Sale (POS) Commercial Card 105

The Payments Association

JANUARY 21, 2025

The report highlights significant growth in transaction volumes and market penetration, particularly in emerging markets, reflecting a clear shift toward digitised payment methods. It also points to generative AI as a future driver for fraud prevention and authentication, enhancing security measures in 2025.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

PYMNTS

FEBRUARY 4, 2020

Cloud-based point-of-sale (POS) platform Clover continued its “stellar growth” in Q4, increasing its annualized gross payment volume by more than 40 percent year over year. Internal revenue saw growth of 5 percent, and Fiserv’s merchant business surged by 9 percent in the quarter and 10 percent for the full year.

Volume 52

Volume Point-of-Sale (POS) ISVS Adjustments 52

Synapse Payment Systems

OCTOBER 11, 2023

Stax also offers digital payment processing, a virtual terminal, point-of-sale (POS) integrations, and a customizable application programming interface (API) payment portal for e-commerce businesses. OverView Both Synapse and Stax deliver digital payment processing and POS integrations at subscription-based pricing.

Payment APIs and Integration 130

Payment APIs and Integration Small Business Volume Credit Cards 130

CB Insights

AUGUST 25, 2021

OPay reported a monthly transaction volume of over $3B. Additionally, it processes almost 80% of all mobile money operator-based transactions and 20% of all nonmerchant point of sales (POS) transactions in Nigeria. The company has more than 300,000 agents and over 5M users in Nigeria.

Service Provider 67

Service Provider Point-of-Sale (POS) Mobile Payments Volume 67

EBizCharge

MARCH 11, 2025

Factors like transaction volume, payment speed, and the type of ACH transfer can also influence the overall cost. Gateway fees: Gateway fees are the fees merchants pay to use a payment gateway, which acts as a bridge between their website or point-of-sale (POS) system and the payment processor.

Processing Costs 52

Processing Costs Process Credit Cards Payment Gateways 52

Stax

MARCH 27, 2025

To choose the right payment method, consider transaction volume, transfer speed, cost, and security. Clients only need to swipe a card at your point-of-sale (POS) terminal or enter their bank account number into your website (Initiation). EFT reduces friction in the customer journey.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wires 88

EBizCharge

MARCH 31, 2025

Point-of-sale (POS) system: A POS system is a combination of hardware and software (physical or virtual terminals) that businesses use to accept transactions, manage sales, and track inventory. A company is classified as high-risk based on industry, transaction volume, business history, and geographic location.

Service Provider 52

Service Provider MSPS Payment Gateways Gateways 52

Clearly Payments

OCTOBER 3, 2024

Payment terminals, often referred to as point-of-sale (POS) terminals or credit card machines, are devices that enable businesses to accept electronic payments from customers. There is a difference between a payment terminal (credit card machine) and a POS. trillion in 2023. trillion 2014 $2.7 trillion 2015 $2.9

Credit Cards 105

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 105

Fintech Finance

OCTOBER 2, 2024

While virtual cards offer a dynamic payment option that replaces a physical card number with a tokenized, one-time-use digital version, in B2B payments, some suppliers are still processing virtual card payments manually, including the opening of each email and copying the tokenized card number in their Point-of-Sale (POS) terminal.

Payment Solutions 98

Payment Solutions Point-of-Sale (POS) Payments Automation 98

Stax

MARCH 4, 2025

Youll be required to provide business details, such as company registration, financial history, and expected transaction volume. How to integrate credit card payments into your point of sale (POS) POS payment integration connects your payment processing system with your POS hardware and software.

Credit Cards 88

Credit Cards Payment APIs and Integration Payment Gateways Gateways 88

Fintech News

APRIL 24, 2025

Matrixport processes over $5 billion in trading volume each month and is supported by major investors like Lightspeed, IDG Capital, and Qiming Venture Partners, according to its website. Its cloud-based platform supports over 140,000 merchants in 3,700 cities across India and Malaysia, with a strong focus on point-of-sale (PoS) transactions.

FinTech 131

FinTech Online and Mobile Banking Payment APIs and Integration Finance 131

PYMNTS

APRIL 28, 2020

Its sales volume increased 20 percent for merchant partners last year. Hong Kong-based FinTech Oriente has raised $50 million in its ongoing Series B round, according to finews.asia. He said the funding “puts us in a strong position as we look to step up our efforts in a highly competitive sector.”.

Point-of-Sale (POS) 73

Point-of-Sale (POS) Volume Finance Transactions 73

PYMNTS

MAY 8, 2020

Drill down into the numbers, and the term “falling off a cliff” comes to mind, as healthy transaction and sales volumes at key merchant customers faced massive headwinds — and only now are starting to show a bounce off their nadirs. Eventually retail and restaurants stabilized at 30 percent volume declines year over year in April.

PayPal 98

PayPal Online and Mobile Banking Volume Point-of-Sale (POS) 98

Clearly Payments

MARCH 13, 2025

Among the many point-of-sale (POS) system s available today, Clover and Talech stand out as two of the most robust and user-friendly options. The variety of hardware options makes it adaptable to different retail environments, from boutique shops to high-volume department stores.

Retail Payments 52

Retail Payments Payments Point-of-Sale (POS) CRM 52

The Fintech Times

MARCH 27, 2025

We are Nigerias largest merchant acquirer, powering most of the countrys Point of Sale (POS) transactions. This has translated into growing the volume of customers relying on Moniepoint, as more businesses become confident in our seamless and secure services. How is Moniepoint supporting the underbanked?

FinTech 59

FinTech Financial Inclusion Cross-Border Payments Online and Mobile Banking 59

Clearly Payments

MARCH 28, 2024

The Different Types of Credit Card Machines Credit card machines, also known as point-of-sale (POS) terminals or card readers, come in various forms to accommodate the diverse needs of merchants. They are typically wired and need to be connected to a phone line or internet connection.

Credit Cards 104

Credit Cards CHIPS Point-of-Sale (POS) Debit Card 104

Fi911

DECEMBER 19, 2023

This scale of fraud is challenging for systems dependent solely on human detection, especially considering the increasing volume of online transactions. Additionally, cybercrime is anticipated to cost the global economy a staggering $10.5 trillion annually by 2025.

Fraud Prevention 97

Fraud Prevention Fraud Detection Point-of-Sale (POS) Online and Mobile Banking 97

PYMNTS

JANUARY 13, 2021

In terms of microservices, ELERA offers over 30 pre-packaged microservices like price, promotion, refunds and point of sale (POS) orchestration in addition to over 400 application programming interfaces (APIs) for a tailored build out and integration.

Point-of-Sale (POS) 68

Point-of-Sale (POS) Use Case API Volume 68

PYMNTS

SEPTEMBER 23, 2020

Meanwhile, contactless card payments are up 150 percent year on year, pushed by consumer demand that’s growing by the day as customers fear touching point of sale (POS) terminals that they fear could carry germs. In other words, time is officially up for FIs to dither when it comes to digitizing. “It

Online and Mobile Banking 113

Online and Mobile Banking Push-to-Card Point-of-Sale (POS) Debit Card 113

EBizCharge

JANUARY 21, 2025

Virtual terminals are revolutionizing how companies manage transactions, eliminating the need for physical systems or point-of-sale (POS) systems. Limited automation: Virtual terminals may not be ideal for businesses with high transaction volumes that require automated payment systems or advanced POS features.

Credit Cards 52

Credit Cards Encryption ACH Process 52

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. However, the increasing volume of virtual card transactions is making automation even more essential for suppliers.

Process 64

Process Point-of-Sale (POS) Automation B2B 64

Fintech News

AUGUST 12, 2024

It is based on the analysis of positive and negative discussions; The Market Share of Discussion Score assesses the volume of discussions about a specific company relative to the total discussions about all companies in the sector. mPOS Vietnam: This financial services company provides a mobile-based software platform for digital payments.

FinTech 114

FinTech Online and Mobile Banking Point-of-Sale (POS) Payment Gateways 114