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POS, Payment Processing, And Data Collection News
POS, Payment Processing, And Data Collection News

Seiko Introduces New Mobile Printer Line, Datalogic Announces New Multipurpose Retail Device, Zebra Unveils New Wearables Line, Vantiv Launches New Developer Resources, Creditcall, Elavon Address Unattended EMV, and Touch Dynamic Announces The Quest II Tablet.

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POS & PAYMENT PROCESSING MAGAZINE ARTICLES

  • Increase Revenue By Delivering Data Intelligence

    Simplifying the critical restaurant application landscape on a single software platform is driving big gains for a new ISV.

  • Big Changes For The Retail IT Channel

    At the time of this writing, I’m fresh off of RSPA RetailNOW 2016. Coming back from an event like RetailNOW, my mind and notebook are overloaded with takeaways from the various education sessions, keynote speakers, and interactions with resellers and vendors. Indeed, over the four-plus days I was in Texas, I have more than 30 pages of notes.

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POS & PAYMENT PROCESSING EXECUTIVE COMMENTARY

  • The Problems (And Solutions!) With EMV And NFC
    The Problems (And Solutions!) With EMV And NFC

    NAB Velocity, based in Denver CO, provides software developers and businesses with secure and customizable payment solutions, including credit and debit card processing, ACH processing, and gift/loyalty card programs from an ecosystem of payment service providers. As a division of North American Bancard Holdings, LLC (NAB), an industry partner with over 20 years of experience and knowledge servicing merchants, enabling agents, and supporting partners, NAB Velocity is the omnichannel platform to an integrated system of payment and merchant services.

  • In Pursuit Of A Single Version Of Business Truth
    In Pursuit Of A Single Version Of Business Truth

    There’s a line about truth from the Rob Reiner film A Few Good Men that’s become iconic. In what’s arguably the courtroom drama’s most memorable scene, upstart Navy lawyer Lt. Daniel Kaffee (played by Tom Cruise) presses decorated Marine Colonel Nathan Jessup (played by Jack Nicholson) for answers.

  • 5 Decision Criteria To Know Before You Recommend An mPOS
    5 Decision Criteria To Know Before You Recommend An mPOS

    With a plethora of mobile point-of-sale (mPOS) solutions on the market today, finding the one that will best suit your clients’ particular needs can be challenging. A solution may have everything they need — except that one crucial element. Or there are five solutions that all seem to satisfy their RFP, and it’s tough to figure out how to choose from among them.

  • ISV Valuations: Exposing The Silent Power Play Between Integrated Software Vendors And Payments Processors For Ownership Of The End-User Relationship
    ISV Valuations: Exposing The Silent Power Play Between Integrated Software Vendors And Payments Processors For Ownership Of The End-User Relationship

    Valuations for ISV platforms with payments integration, and payments processing companies which have vertically integrated high margin, high growth software platforms with measurable EBITDA contribution, are on the rise. The level of M&A activity for both is striking.

  • Multichannel, Omnichannel, What’s The Difference?  Hint: It’s About Customer Experience And Retention
    Multichannel, Omnichannel, What’s The Difference? Hint: It’s About Customer Experience And Retention

    It’s not unusual to hear the terms used interchangeably. But when it comes to guiding and perfecting the online customer journey, multichannel and omni-channel solutions are anything but interchangeable. By Jessica Foreman

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RETAIL-FOCUSED WHITE PAPERS & CASE STUDIES

  • Direct-to-Acquirer Vs. Gateway-Based Payment Processing
    Direct-to-Acquirer Vs. Gateway-Based Payment Processing

    Once a VAR or ISV makes a decision to pursue monthly recurring revenue opportunities in payment processing, the big question becomes how? Two Moneris subject matter experts offer guidance on the big decisions that must first be considered.

  • Unified Commerce: A New Opportunity For Payments

    The once sluggish area of payments has quickly become anything but in the past few years. In fact, payments have become one of the most dynamic aspects of retailing. Retailers have often incorporated payment changes only as necessary. However, with continuous changes in industry requirements, consumer expectations and consumer access to new payment methods, retailers have had to adjust to become more nimble and flexible.

  • Selling Payment Processing: Making Smart Choices For Your VAR/ISV Business

    One of the most profitable service opportunities channel companies can offer their retail/hospitality customers is payment processing. Not only are these services the perfect complement to point of sale (POS) hardware and software implementations, they allow VARs and ISVs to build closer relationships with their customers, and they open doors for a host of add-on sales and services. In this whitepaper, two Moneris subject matter experts offer guidance on the big decisions VARs and ISVs must consider before selling payment processing services.

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POS EVENTS

SYNNEX Spring VARNEX April 10 - 15 Dallas
ETA Transact 16 April 19 - 21 Las Vegas
Retail IT VAR Of The Future May 17 - 18, 2016 Chicago
RetailNOW 2016 July 31 - August 3 Grapevine, Texas
Mobile Payments Conference August 29 - 31 Chicago
ISV IQ Live! East October 6 Philadelphia

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.

FEATURED POS & PAYMENT PROCESSING PRODUCTS

  • Source Technologies STm.58 Mobile Thermal Receipt Printer
    Source Technologies STm.58 Mobile Thermal Receipt Printer

    Robust and easy to use, this 2 inch portable printer is the ideal fit for your on-the-move workforce in need of a receipt printing only solution.

  • Intel® Atom™ N2600 Based Ultra Slim Digital Signage Platform With Mini-PCIe Slot
    Intel® Atom™ N2600 Based Ultra Slim Digital Signage Platform With Mini-PCIe Slot

    Measuring a mere 19 mm thick, DS-060 is undoubtedly the world’s slimmest digital signage player powered by a 3rd generation Intel ® Core™ i7 processor (up to 45 watts TDP). This thin-and-powerful media player is equipped with 1x digital, plus 1x analog display outputs, and simultaneous dual 1080P(FHD) capability delivers a premium visual experience when graphics performance really matters. Windows ® Embedded OS, Linux are supported, with iManager preloaded, and SUSIAccess for Signage is also on offer. We’ve designed the DS-060 series in the smallest possible form factor, for optimized performance.

  • SB9095 Quad-Core All-in-One Point-of-Sale Terminal
    SB9095 Quad-Core All-in-One Point-of-Sale Terminal

    The Bematech SB9095 AIO terminal packs great features, versatility and value into a sleek and neat design.  It enhances the atmosphere of any business while providing excellent performance and reliability.  With unique and easy detach design, the SB9095 minimizes use of screws and internal cable connections.  The unit has options for integrated magnetic stripe reader, fingerprint reader, RFID/NFC reader and VFD/LCD customer display.

  • Wasp WLR8900 CCD LR Barcode Scanner
    Wasp WLR8900 CCD LR Barcode Scanner The Wasp WLR8900 CCD LR (long-range) barcode scanner series is easy to setup and even easier to use. The lightweight, ergonomic design makes it comfortable for daily use. The Wasp WLR8900 barcode scanner series sends data to your active application as if you typed it from your keyboard.
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POS & PAYMENT PROCESSING MULTIMEDIA

  • E-Myth Author Gerber Sounds Wake-Up Call For VAR, MSP Owners
    E-Myth Author Gerber Sounds Wake-Up Call For VAR, MSP Owners

    In addition to being recognized worldwide as a small business guru, Michael Gerber is known for his straight talk. And he’s eager for solution provider owners to be candid with themselves and embrace their reality as well. In a recent interview with Business Solutions President Jim Roddy, Gerber said, “Until the straight talk happens, until somebody pulls the chain, until somebody says something that strikes (VARs and MSPs) so deeply that they can't avoid it or ignore it any longer, nothing's going to change for them.

  • INSPIRE Preview: Seeking — Actually, Obsessing About — The Competitive Advantage
    INSPIRE Preview: Seeking — Actually, Obsessing About — The Competitive Advantage

    Dr. Robert J. Bies, professor of management at the McDonough School of Business at Georgetown University, is the keynote speaker for Retail Solutions Providers Association (RSPA) INSPIRE 2016. In this exclusive interview, Jim Roddy, president of Business Solutions, asks Bies to share a preview of his presentation he plans for the event scheduled January 31 through February 3 at Park Hyatt Aviara Resort in San Diego.

  • VARs And Payment Solutions: Stronger Client Relationships, Recurring Revenue
    VARs And Payment Solutions: Stronger Client Relationships, Recurring Revenue

    In this Business Solutions podcast, Gary Staub, chief sales and marketing officer at Sterling Payment Technologies, discusses how retail IT VARs can capitalize on payment solutions.

  • TSYS: Semi-Integrated Solutions Can Help Your Clients Be EMV-Capable By The Liability Shift
    TSYS: Semi-Integrated Solutions Can Help Your Clients Be EMV-Capable By The Liability Shift

    In this Business Solutions podcast, Bill Lodes, director of development partnerships at TSYS Merchant Solutions, explains semi-integrated EVM solutions. There are two options to achieve EMV certification. One option involves a solutions provider programming EMV-capable transactions into its own software, a process that can take 6 to 8 months.

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