Point-of-Sale [PoS]

    0
    643
    « Back to Glossary Index
    Categories: Technology

    The stage at which a merchant takes the customer’s payment information during a transaction at a physical location. In the FinTech era, startups have improved the speed, security and efficiency of this process. Point-of-sale loans – where merchants can offer customers the option of taking a loan during this stage of payment – have become popular recently.

    « Back to Glossary Index
    Previous articlePersonal Finance
    Next articleQuantum Computing
    Justin Chan
    Dr Chan founded DataDrivenInvestor.com (DDI) and is the CEO for JCube Capital Partners. Specialized in strategy development, alternative data analytics and behavioral finance, Dr Chan also has extensive experience in investment management and financial services industries. Prior to forming JCube and DDI, Dr Chan served in the capacity of strategy development in multiple hedge funds, fintech companies, and also served as a senior quantitative strategist at GMO. A published author at professional journals in finance, Dr. Chan holds a Ph.D. degree in finance from UCLA.