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point of sale

FintechNews RoundupUSA
·Dec. 1, 2017

Taking Out a Loan to Buy Jeans with Affirm

Article shares a story of a $200 jean purchase that was made with the help of point of sale finance firm Affirm; Affirm works with over 1,000 retailers to provide installment loans; merchants benefit since consumers end up spending more, but some critics say it promotes poor consumer behavior; article shares the history of consumer credit and the changes in point of sale financing. Source

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FintechNews Roundup
·Apr. 18, 2017

SmartCard Marketing Systems, Inc. and VeritasPay Partner for Point of Sale Payment Processing

The two companies will offer a suite of point of sale of devices and semi-integrated apps for merchant payment processing; the partnership will also enhance the efficiency of payments for merchants both through better communication from multiple devices and through more efficient connectivity with banks and the payments ecosystem. Source

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