Point of Sale

Near Field Communications and Tokenization Behind Apple's Point of Sale Play

More information is coming available regarding Apple’s new mobile payments system. According to a recent post on the website pymnts.com, the Apple payment system will use tokenization as well as contactless payment based on the new point of sale terminals used in the company’s own stores. As the only full-service point of sale provider —

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Albertsons & Supervalu Credit Card Data Targeted by Hackers Again

Shoppers at Albertsons and Supervalu may be at victims of yet another hacking. The supermarket chains reported that malicious software was installed on the company’s credit card and debit cards processing networks at their stores. The information taken from Albertsons’ customers spans over a dozen states, and includes cardholder names, account numbers, and credit card

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Franchise Coach Sees A World Of Opportunities, If You Ask The Right Questions

Franchising is booming. FRANdata says demand for franchise units is expected to increase more than 12 percent in 2014, the highest rate of increase in five years. Furthermore, the lending shortfall for franchises (that is, the difference between projected loan demand and loan supply) is expected to be one-half that of last year’s figure. And

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Fast-Casual Diners Want Customization, Not Complexity

As foodie-ism invades American culture, news has arrived of a new trend — that fast-casual diners are looking for restaurants that excel at one thing, rather than offering dozens of mediocre dishes. In a recent post, “Huge, Terrible Menus are hurting McDonalds and Olive Garden,” Huffingtonpost.com writes, “The days of a restaurant menu that reads

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WSJ Analysis IDs 10 Franchises With Higher-Than-Average Default Rates

While franchising is booming in popularity — in part because many people see it as an easier route to entrepreneurship in an uncertain economic landscape — the Wall Street Journal is reporting the names of the 10 brands whose franchisees were the worst in terms of loan defaults among Small Business Administration (SBA) borrowers. The

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Microsoft no longer supporting XP…what does this mean for the POS world?

Since its launch in 2001, Point of Sale systems have been utilizing Microsoft’s Windows XP programs. Unfortunately, as of this year, Microsoft’s support of XP has come to an end. While the majority of Windows users have upgraded to Windows 7, a large number of business owners are still working with XP on their systems,

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MasterCard Mandates Contactless Payments At Point Of Sale

The payment card giant MasterCard is throwing its full weight behind near-field communications (NFC) payment systems, also known as contactless payment technology. NFC technology allows for contactless payments to be made using radio waves to transmit data between devices that support the technology, provided they are in close proximity at the point of sale. A

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Let Your Franchised Business Soar! But First, Get Grounded In Franchise Legislation

It’s a pivotal moment for your booming business: the possibility of becoming a successful franchisor. Before going any further, it’s time to get up to speed with the complexities of franchise legislation. We spotted a thorough roundup on the topic of state and federal franchise laws in a recent blog post at TweakYourBiz.com that is

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