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Session On Crystal Clear Communication Closes INSPIRE 2016
Session On Crystal Clear Communication Closes INSPIRE 2016

“The greatest power you have is to talk with your people during times of change and uncertainty.” That’s how Dr. Robert Bies, the keynote speaker for RSPA INSPIRE 2016 in San Diego, began today, the final day of the conference for leaders in the retail IT channel.

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POS & PAYMENT PROCESSING MAGAZINE ARTICLES

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POS & PAYMENT PROCESSING EXECUTIVE COMMENTARY

  • Shift To EMV: Protect Your Clients From Hackers Turning To Online Fraud
    Shift To EMV: Protect Your Clients From Hackers Turning To Online Fraud

    EMV is only applicable for in-store, card-present transactions. This makes online payments a prime target for fraudsters.  Many ISVs are now evaluating their online payment strategy to ensure it’s as secure as possible. It’s now time to update payment solutions to prevent the impending rise of e-commerce fraud for your customers. The best way to fight this online threat is by integrating security and payment solutions within the next few months.

  • The 2016 Outlook For Digital Wallets
    The 2016 Outlook For Digital Wallets

    Will 2016 be the year consumers ditch their card-carrying wallets for the digital variety? Will it usher in a trend of merchants adopting NFC (near field communication) technology to process mobile wallet payment transactions? It’s a payment solution several years in the making, but many indicators point to 2016 as the year mobile wallets finally turn that corner in the payments integration landscape.

  • Top 4 Questions To Ask When Selling IT To Community Banks And Credit Unions
    Top 4 Questions To Ask When Selling IT To Community Banks And Credit Unions

    Many resellers have enjoyed healthy success selling to community banks and credit unions. Here are the top four questions to keep in mind during your next visit with them. Opportunities are out there — you just have to ask the right questions and uncover them.

  • Help Your Clients Avoid 3 Costly Card-Not-Present Transaction Mistakes
    Help Your Clients Avoid 3 Costly Card-Not-Present Transaction Mistakes

    Industry statistics confirm that state-of-the-art technology is a company’s only formidable defense against data attacks. Unfortunately, most attacks target small and mid-sized businesses, which are often targeted due to assumed lower security.

  • Mobile Payments: Closing The Gap Between Awareness And Adoption In 2016
    Mobile Payments: Closing The Gap Between Awareness And Adoption In 2016

    Industry forecasts about mobile payments all basically point to the same conclusion — mobile payments adoption is going to increase in 2016, and for the next several years.

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RETAIL-FOCUSED WHITE PAPERS & CASE STUDIES

  • 15 Important Steps To Opening A Restaurant

    Bematech provides a checklist of 15 steps you can share with your hospitality IT clients opening a restaurant. the list includes deciding on a concept, selecting a location, naming the restaurant, establishing a business plan, and applying for funding.

  • The Ultimate Guide To Understanding EMV

    Today, electronic payments represent a significant percentage of transactions for even the smallest retail and restaurant operations. The U.S payment industry is undergoing one of the biggest changes in the past 40 years: EMV, a set of global standards for electronic payments, including specifications for point of sale hardware, software, and systems, as well as the payment cards themselves.

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POS EVENTS

RSPA INSPIRE
January 31-February 3
San Diego
ISV IQ Live! West February 24, 2016 Santa Ana, CA
SYNNEX Spring VARNEX
April 10-15
Dallas
Retail IT VAR Of The Future May 17 - 18, 2016 Chicago
ISV IQ Live! East October 6, 2016 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

  • UP Retail: POS Solutions For All Retail Businesses
    UP Retail: POS Solutions For All Retail Businesses

    UP Retail® is a complete Windows based POS solution that is perfectly suited for high volume apparel, grocery, convenience, beauty supply, liquor, and other retail store types. This industry leading, next generation solutions is powerful, reliable, and possesses all of the key features you need to run your retail business efficiently.

  • The Motorola MC9190-G
    The Motorola MC9190-G When you need to scan bar codes and collect data in the harshest of environments, Motorola’s MC9190-G is ready for the job.
  • APG Cash Drawer Interface Products
    APG Cash Drawer Interface Products

    Continually developing connectivity solutions to satisfy the ever-changing environments of the Point-of-Sale (POS) market, APG currently offers a broad range of robust, easily connected interface options that compliment our cash drawers and connect to virtually every POS system and receipt printer on the market.

  • POS Elite
    POS Elite

    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.

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POS & PAYMENT PROCESSING MULTIMEDIA

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