POS Systems Used For In-Store Card Payments

Point-of-sale systems are the backbone of payments for many small businesses. A solution for electronic payment processing, the POS system allows merchants to accept credit and debit card payments. The market is crowded with players offering a variety of systems, ranging from hardware devices to accompanying software and solutions that integrate into an all-in-one solution. Some solutions are cloud-based, requiring only the purchase of a tablet, such as an iPad, and a small card reader to accept card payments. Others are entirely purpose-built, all-in-one terminal devices. Numerous providers also offer vertically specific solutions, such as Toast, that specialize in payment solutions for restaurants and dining, although some providers have expanded into other areas.

Companies Mentioned: 

Diebold, Fiserv, Ingenico, Korona POS, Lightspeed, Micros, NCR, PayPal, Revel, Shopify, Square, Stripe, Toast, Verifone, Zettle