POS Innovation

POS Innovation
Notting Hill Carnival Returns to London Amid High Consumer Costs, Record Inflation
August 29, 2022

This week and for the first time since 2019, Londoners gathered for the annual Notting Hill carnival, a street festival and celebration of the city’s Caribbean cultures that typically draws over a million people and contributes upwards of $100 million to the U.K. economy. Behind...

POS Innovation
Green Payments Intros PCI-Compliant Processes for Car Dealers
August 02, 2022

Credit card and point of sale (POS) processor Green Payments is launching its new Dealer Genie program, which is intended to offer automotive dealer merchants control over internal processing while providing customers with an overall improved experience. The new processing program provides customization that was...

POS Innovation
PeP Acquires Polish Mobile POS App Simapka
July 28, 2022

Polskie ePłatności (PeP) has acquired a majority stake in Team4U, the owner of Simapka, a mobile app for owners of shops and service points of sale (POS), a press release said Thursday (July 28). Simapka allows for registering SIM cards, selling gift cards, number transfer...

POS Innovation
Revolut Takes on Square, PayPal in UK With POS Reader
July 05, 2022

Revolut announced Tuesday (July 5) the launch of Revolut Reader, a pocket-sized card reader designed to let merchants accept payments in person and on the go. “The launch marks Revolut’s move into in-person payments, as the super app continues to diversify its offering for business...

POS Innovation
SoftPOS Drives EU Merchants’ Adoption of Contactless Payments
June 20, 2022

Merchants who want to accept contactless payments, either by card or mobile wallet, have traditionally needed card readers to do so, but a new technology, known as software point-of-sale (SoftPOS) is changing that. Contactless payment uses a method of wireless data transfer called Near Field...

POS Innovation
C2B Payments Solution Provider Sionic Debuts RTP for US Businesses
June 14, 2022

Sionic today announced what it says is the first service allowing immediate point-of-sale payments from customer accounts to business accounts. The Atlanta-based company said businesses will not only receive funds nearly instantly, but also will avoid “expensive credit card swipe fees.” The service, according to...

POS Innovation
New Stripe Tool Aims to Improve EU Payment Authentications
June 06, 2022

Financial infrastructure platform Stripe has unveiled a delegated authentication feature that the company said is designed to improve payment conversion rates in Europe. As the Dublin-based company said in a news release Monday (June 6), businesses that use Stripe can now allow their customers to...

POS Innovation
Square Launches Mobile Restaurant POS Platform
May 19, 2022

Square debuted a set of solutions for restaurants Thursday (May 19), which will reportedly allow for better tableside service and order management. The solution comes from the company’s experience serving restaurants over the past decade, and according to a company blog post, the solutions will...

POS Innovation
PayPal, Venmo Now Payment Options at In-Store POS
May 11, 2022

PayPal is seeing an expansion of people using its services as the world becomes more digitized, a company blog noted. The release said PayPal knows that an omnichannel payments strategy is important if businesses want to compete and keep up with preferences of customers. The...