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SAMA: Over 228 million POS transactions worth SR13.6 billion recorded in a week

RIYADH — The number of point-of-sale (POS) transactions in Saudi Arabia during the period from August 3 to 9 reached 228,521,000 with a total value of SR13,680,152,000, compared to SR15,606,245,000 in ...
Digital Transactions

Eye on POS: Elo Pay Debuts; How Soft POS Transactions Will Bloom

The hotly competitive point-of-sale technology arena just got more so with the launch of Elo Pay and an accompanying POS terminal from Elo Touch Solutions Inc. Coming from Milpitas, Calif.-based Elo, ...
Business Wire

Juniper Research: Global Soft POS Transaction Value to Experience Massive Growth of 1,050% by 2028; Driven by Apple’s Tap to Pay Roll-out

BASINGSTOKE, England--(BUSINESS WIRE)--A new study from Juniper Research, the foremost experts in payments markets, forecasts that the global transaction value processed via soft POS will reach $11.8 ...
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Find out more as CBN drops 5 new rule for POS , gives 30 days to comply

The CBN has mandated dual connectivity for PoS transactions, linking systems to both NIBSS and UPSL to prevent service failures Th new rules will help automatic failover required, so transactions ...
Investopedia

What Is Point of Sale (POS)?

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...