A virtual point of sale (POS) is a software-based system that allows businesses to process transactions without using physical hardware such as cash registers or card readers. A virtual POS means businesses can enter payment details, such as debit or credit card information, into a web interface or application. Typically, virtual POS systems are accessible via a computer, tablet, or smartphone with an internet connection.
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The Innovative Key Players Are:
- First Data Corporation Incorporated
- Ingenico Group
- NCR Corporation
- Newland Payment Technology
- Panasonic Corporation
- PAX Technology
- Shenzhen Xinguodu Technology Co Ltd
- Squirrel Systems
- VeriFone Inc
- Diebold Nixdorf