POS & Payment Processing

FEATURED ARTICLES

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RETAIL-FOCUSED WHITE PAPERS & CASE STUDIES

  • Embracing Omnicommerce: Seamless, Multichannel Shopping Will Define The Future Of Retail
    Embracing Omnicommerce: Seamless, Multichannel Shopping Will Define The Future Of Retail

    The retail marketplace is changing rapidly, with consumers purchasing goods online, in the store, via mobile devices, over the phone and even using multiple channels to complete a single purchase. This idea of retailers engaging consumers across physical and online channels is sometimes referred to as omnicommerce.

  • The Case For Mobile Payments
    The Case For Mobile Payments

    Ubiquitous mobile technology – from smartphones and tablets to smart watches and other devices – has forever changed the way people interact with each other and their environment. That is abundantly apparent in the retail sector, where consumers are using mobile devices to comparison shop, research purchases, access coupons, make online purchases, and pay for goods in person using mobile payment processing solutions.

  • What Business Model Will Take You Into The Future?
    What Business Model Will Take You Into The Future?

    Cloud and subscription services have changed the way technology is being delivered today. The days of receiving a single large payment for your work are all but gone and customers have evolved; so have their expectations. You must adapt your business model or run the risk of placing your business in a dangerous position. In this white paper we’ve laid out a path that can lead you to profitability and sustainability.

  • Enabling Smart Retail With IoT Cloud Intelligence
    Enabling Smart Retail With IoT Cloud Intelligence

    The management of a retail chain involves many stores in different regions with many equipment units, a great number of commodities, a vast logistics and distribution network, huge cash flows and commercial promotions based on knowledge about consumer behaviors.

  • Boost In-Store Purchases With Interactive Signage Solution
    Boost In-Store Purchases With Interactive Signage Solution

    The retail industry is undergoing a major transformation, changing how customers shop and how retailers run business. More and more retailers continue to invest in enhancing their operations by optimizing the personal experience of their customers.

  • 3D Rewards Center Kiosk Keeps Retailers In Touch With Mall Shoppers
    3D Rewards Center Kiosk Keeps Retailers In Touch With Mall Shoppers

    Digital signage kiosks can be seen in many types of retail stores to provide shoppers with up-to-date information and the latest promotions. Kiosks with 3D advertising capabilities allow shoppers to print coupons of promotional offerings and they also gives brand marketers a chance to showcase their products.

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FEATURED POS & PAYMENT PROCESSING PRODUCTS

  • Saturn All-in-One System
    Saturn All-in-One System The Saturn AIO features the new Intel Atom CPU which gives it great flexibility in its design. This unit is outstanding for its operability, and its ease of maintainance.
  • LE1015 LCD 15″ True-Flat Touch Monitor
    LE1015 LCD 15″ True-Flat Touch Monitor

    The Bematech LE1015 true-flat, bezel-free touch monitor is designed and manufactured to meet the requirements of retail and restaurant operations with their Point-of-Sale system. The highly rugged touch monitor includes a solid base with extra wide hinge for maximum stability. The LE1015 also facilitates quick and professional mounting of integrated magnetic stripe reader and VFD/LCD customer display.

  • 21.5" Intel Core i5-4300U Based Fanless Self Service Touch Computer
    21.5" Intel Core i5-4300U Based Fanless Self Service Touch Computer

    The interactive Self Service Computer line features Intel® Atom™, Celeron, and Core iSeries based fanless all-in-one touch PCs. They provide the cost effective platforms for system integrators serving POI/POS and related applications across industries. The elegant industrial design and programmable hot keys make a simple implementation and deployment.

  • BT-9100
    BT-9100 The BT-9100's solid cabinet design is built around a high resolution 15" TFT flat panel display to emphasize minimum space requirements. The Celeron M 440 1.86 GHz CPU (equivalent to a 2.8 GHz Celeron) generates low heat and is cooled by a quiet fan and offers robust processing speed for demanding software applications.
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ABOUT POINT OF SALE (POS) AND PAYMENT PROCESSING

Point of sale (POS) is the place where retail transactions are completed; where payment is exchanged for goods or services. POS is used in many retail industries and many require unique customizations to the hardware and software in order to accommodate their transactions. POS features include scanners, manual and electronic cash drawers, scales, EFTPOS terminals, handheld scanners, touch screens, and many other options. Modern POS systems often act as more than just a system to process transactions by providing inventory management, warehousing, CRM, financials, and more.

In addition to standard on-premise POS systems, modern POS software can be delivered from the cloud in the software as a service (SaaS) model. Cloud-based POS systems can be compatible with traditional POS hardware in addition to mobile devices such as iPads, iPhones, Android devices, and more. Cloud-based POS offers the ability to access data from anywhere there is an internet connection and normally offers faster setup due to it being run remotely.

Payment processing is done by payment processors which are often third party companies hired by a merchant to handle credit card transactions. Payment processors are broken down into two types: front-end and back-end. The front-end processors perform card associations, authorizations, and settlement services while back-end processors accept settlements from front-end processes and move money from issuing banks to merchant banks.

Modern payment processing is usually provided in the software as a service (SaaS) model, giving merchants a single simple electronic portal that allows them to process payments in various forms including recurring payments, web payments, checks, and more all in the same place.