Global Point of Sale vendor Revel Systems has secured US$100 million in funding from strategic investors which it plans to use to boost support for what it says is fast growing sales and high demand for its iPad POS platform.
MYOB has released a custom version of the Kounta cloud-based point-of-sale software. The move follows its investment in Kounta earlier this year.
The CEO of elecronic payments company eftpos, Bruce Mansfield, has admitted that the move from signatures to mandatory PINs when making point of sale payments is causing problems for retailers, especially restaurants and cafes, where the tipping option no longer exists at eftpos terminals.
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