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Point Of Sale, Payment Processing And Data Collection News From March 2015

Each month, Business Solutions reports news on business in the channel. This month in point of sale, payment processing and data collection news, Ingenico Mobile Solutions launches a new near-field communication (NFC) mobile payments device, BlueStar enhances logistics to serve North American resellers, NCR Connected Payments achieves PCI DSS 3.0, ScanSource announces a POS-as-a-Service bundle and a cloud services program, and NMI launches a payment enablement platform for VARs and ISVs.

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POS & PAYMENT PROCESSING MAGAZINE ARTICLES

  • Why RMM Is Right For Retail
    Why RMM Is Right For Retail

    While it requires a different mindset for retail VARs who aren’t used to selling annuity services, remote monitoring and management (RMM) is a service that retail customers need.

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POS & PAYMENT PROCESSING EXECUTIVE COMMENTARY

  • The Role Receipt Printers Play In A Solution That Enhances Customer Experience
    The Role Receipt Printers Play In A Solution That Enhances Customer Experience

    Generally, one would not expect a receipt printer to fulfill more than the obvious — print receipts. However, a closer look reveals that with some ingenuity, receipt printers can serve a number of roles to maximize a customer’s experience: deploying them at key locations to speed up customer throughput, ensuring accurate plus timely order processing, and keeping clients informed on current transactions or future deals.

  • Retail And RFID: How Improved Inventory Visibility Is Redefining An Industry
    Retail And RFID: How Improved Inventory Visibility Is Redefining An Industry

    Inventory accuracy has become every retailer’s battle cry; a defining priority critical to achieving the omnichannel fulfillment promise. RFID makes it possible. RFID technology allows retailers to implement real-time inventory solutions that provide accurate and efficient inventory tracking, faster product replenishment and the SKU-level locationing required to deliver exceptional shopping experiences wherever they occur.

  • 25 “Leadership Learnings” To Help You At The Helm Of Your IT Solutions Provider
    25 “Leadership Learnings” To Help You At The Helm Of Your IT Solutions Provider

    I am blessed to be able to spend a lot of time with leaders from all over the globe. Over the years, I’ve collected some observations about the disciplines and habits they live by. Here is a compilation of things I’ve observed and learned as I’ve watched these leaders do what they do.

  • 8 Top Traits To Look For In An Employee
    8 Top Traits To Look For In An Employee

    I am asked this question from time to time, and the quick answer reads a little bit like the Boy Scout credo: honest, thrifty reverent, etc. The full answer is a lot more complicated because the “perfect employee” is someone who fits into your organization and stays around for a long time as well. There is a great deal riding on your hiring, and companies that hire well typically thrive. 

  • How To Quickly Integrate A New Salesperson Into Your IT Company, Part 1
    How To Quickly Integrate A New Salesperson Into Your IT Company, Part 1

    I was asked by one of our peer group members to provide some advice as it related to the hiring and onboarding of a new salesperson. The potential hire did not have an IT industry background.  So my advice to him was twofold, focusing around how to get the non-IT person up to speed and how to quickly integrate the new hire into their company.

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RETAIL-FOCUSED WHITE PAPERS & CASE STUDIES

  • Super Taco Super-Sizes Sales And Customer Engagement With Kiosk Solution
    Super Taco Super-Sizes Sales And Customer Engagement With Kiosk Solution

    Established in 1991, Super Taco Mexican Restaurants serves authentic, home-style Mexican food that has been recognized by local media as “the best in town.” In addition to preparing food from unique recipes and using only the freshest ingredients, the operator prides itself on valuing its customers and providing the highest caliber of services to patrons of its four locations in the Sacramento, California area.

  • POS Solution Helps Habitat For Humanity ReStore Build A Stronger Business

    Lexington Habitat for Humanity ReStore Builds a Stronger Business with UnifyPOS and Progress OpenEdge. Habitat for Humanity International’s vision is a world in which everyone has a safe place to live. With more than 1,400 local affiliates in the United States, and more than 70 national organizations around the world, Habitat for Humanity has helped build or repair more than 800,000 houses and serve more than four million people worldwide.

  • The Merchant And EMV: What You Need To Know To Prepare For The Magstripe To EMV Transition

    The EMV standard was developed in the 1990s to mitigate card-present fraud in Europe and other markets where online, real-time connectivity to issuers’ authorization systems was not widely available. The unique data provided by the EMV chip embedded in payment cards with this standard makes it nearly impossible for fraudsters to produce counterfeit cards. Fraud related to counterfeit cards has essentially been eliminated in countries where EMV was widely adopted.

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POS EVENTS

ETA Transact 15 March 31-April 2 San Francisco

ISC West

Exhibit Hall:

SIA Education at ISC West:

 

April 15-17

April 14 – 16

Las Vegas
Retail Realm April 25-27
Las Vegas
Retail IT VAR Of The Future May 12-13

Las Vegas

NRA Show May 16-19 Chicago
2015 Mobile Payments Conference August 31 – September 2 Chicago
     
     

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.

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FEATURED POS & PAYMENT PROCESSING PRODUCTS

  • OKI Retail Solutions
    OKI Retail Solutions

    When you partner with OKI Printing Solutions, you get more than a print supplier. You get a printing solutions partner with a passion for retail. It's our 35 years of dedicated experience that enables us to understand the fast-moving business, the management of many locations and markets and the current retail environment and need to control or cut costs.

  • PowaPOS Accessories
    PowaPOS Accessories

    Best-in-class design. Meet best-in-class functionality.

  • APG Series 100 Cash Drawer
    APG Series 100 Cash Drawer

    Small in size, the APG Series 100 Cash Drawer does not compromise efficiency. It actually improves upon it because it increases the effectiveness of your workstation.

  • Posiflex KS Series Fan-Free POS Systems
    Posiflex KS Series Fan-Free POS Systems This fan-free system is designed for application in no noise environments and longevity of use in harsh climate areas. Housed with stylish aluminum case and textured on high-gloss polycarbonate front bezel, this series will add a fashionable spotlight to your counter while providing effective ventilation for quiet operation.
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POS & PAYMENT PROCESSING MULTIMEDIA

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