Researchers at Cisco’s Talos Security Intelligence and Research Group have identified a new type of malware that targets payment card information on Point of Sale (POS)systems.
POS & PAYMENT PROCESSING MAGAZINE ARTICLES
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.
Making Sense (And Money) From Mobile Wallets
Mobile wallets are a hot topic, but how VARs and ISVs can profit from them hasn’t been clear … until now.
Give Small Retailers A Cloud-Based Competitive Advantage
This ISV’s market expertise led to a new cloud-based system that incorporates CRM, marketing, and POS (point of sale) functionality that drives up its customers’ revenue while driving down PCI (payment card industry)-related compliance costs.
POS & PAYMENT PROCESSING EXECUTIVE COMMENTARY
What IT Solutions Providers Need To Know About The U.S. Migration To EMV-Enabled Solutions
Payment processing is an ever-evolving industry, and this year the U.S. is adopting the chip card standard, also known as EMV (Europay, MasterCard, Visa). EMV is a driving force in the global payments market today, providing the latest and most reliable data security standards.
5 Ways To Win The Best Employees In A Talent Shortage
Talent. It’s hard to find and even harder to retain. The more specialized your field, the fewer qualified people there are to select from. And even if you’re fortunate enough to be located in a top tech hub saturated with talent—Silicon Valley, Seattle, Washington D.C., Boston, and Sacramento according to Forbes — you’ll have to work hard to keep competitors from luring away your best players.
3 Ways Payment Methods Can Make An Impact On Customer Experience
It wasn’t that long ago when merchants would dictate the form of payment by simply asking, “cash or credit?” as you prepared to make a purchase. Many merchants wouldn’t even take checks because they took too long to process and would often “bounce” or be returned.
PCI Compliance Is Just One Piece Of The Puzzle
You don’t have to look far to find evidence supporting the necessity of a comprehensive and thorough cybersecurity system for your clients. From the infamous Sony hack to cybercriminals infiltrating Target’s network that absconded with personal information from some 110 million accounts, it’s clear that protecting customers’ data is something to be taken seriously.
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-FOCUSED WHITE PAPERS & CASE STUDIES
The Holy Trinity Of Payment Security
Payment security remains a topic of great consequence in north america due to the recent number of card holder data breaches as well as the imminent eMV liability shift in october 2015.
Mobile POS Solution Speeds Checkout And Food Prep Time At Red Mango
Red Mango started serving frozen yogurt in 2007. Since then, the number of yogurt lovers has rapidly increased, and the company now has over 200 locations in the U.S The menu has also expanded to include items like wraps, salads, juices, and smoothies. In 2014, Red Mango premiered in Puerto Rico, opening four locations in San Juan.
The Digital Wallet Opportunity: Beyond The Hype
What growing consumer comfort with m-commerce means for brick-and-mortar mobile payments, and what merchants must do to respond.
|ETA Transact 15||March 31-April 2||San Francisco|
SIA Education at ISC West:
April 14 – 16
|Retail Realm||April 25-27||
|Retail IT VAR Of The Future||May 12-13||
|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.
POS & PAYMENT PROCESSING HEADLINES
RECENT POS NEWSLETTERS
FEATURED POS & PAYMENT PROCESSING PRODUCTS
Cherry SPOS Biometric Keyboard
SPOS Biometric Keyboard by Cherry
Keystroke Advanced POS Keystroke Advanced POS is the ultimate POS system for serious retailers and businesses with specialized automation needs.
APG Series 3500 Cash Drawer
The Series 3500 high capacity narrow footprint cash drawer is built to last in tough retail environments and provides ergonomic and productive cash management support.
Harbortouch POS Elite combines state-of-the-art software with top-of-the-line hardware to deliver a high quality POS system that is unmatched in both reliability and usability.
POS & PAYMENT PROCESSING MULTIMEDIA
Podcast From ScanSource Partner Conference: Customer Experience, EMV, As-A-Service Are All Opportunities For VARs
Paul Constantine, president of ScanSource POS and Barcode North America, and Jim Roddy, president of Business Solutions discussed topics including enhancing the customer experience, the opportunity EMV presents to VARs, and transitioning to managed services at the ScanSource Worldwide Partner Conference for POS and Barcoding, March 16-18.
ScanSource Services Group Goal: "Total Solutions Provider" Support
Mike Burns, president of ScanSource Services Group, met with Business Solutions president Jim Roddy at the ScanSource Worldwide Partner Conference for POS and Barcoding, March 16-18, to explain how the group works with ScanSource partners to complement their businesses.
Podcast: Retail IT VARs Adapt To Changes In Payments, Security, And Business Models
At ScanSource’s Worldwide Partner Conference for POS and Barcoding, Greg Dixon, ScanSource’s CTO and technology evangelist, spoke to Business Solutions president Jim Roddy about changes in the retail IT landscape.
Podcast: Addressing The Challenges Of EMV
With an EMV liability shift quickly approaching, those in the retail ecosystem have differing opinions as to the urgency, need, and value of EMV upgrades. In this podcast, Business Solutions Editor-in-Chief Mike Monocello and Bill Lodes, director of developer partnerships at TSYS Acquiring Solutions talk about how VARs and ISVs should be viewing EMV.