The phrases "point of sale" and "transaction processing system" represent two different, yet closely related concepts having to do with the sales function. Each term represents a distinct and vital ...

Yin and yang, life and death, Clark Kent and Superman. Some concepts are so intertwined that it’s impossible to imagine one without the other. Transaction processing (TP) and relational databases ...

What Is a POS System? Discover Its Benefits and Functions Your email has been sent Key takeaways: A POS system streamlines the transaction process and provides accurate, real-time data to improve ...

The total cost can include software, hardware, payment processing fees, and other fees Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, ...

In today’s fast-paced business landscape, efficiency and quality are essential for staying ahead of the competition. Straight-through processing (STP) is a solution that enables businesses to expedite ...

Today, government agencies have few options that allow them to seamlessly process payments. One industry leader is hoping to change that — one transaction at a time. Here’s how. In December 2021, the ...