A point-of-sale (POS) is a combination of hardware and software that allows business to receive payments from customers at the point of checkout. If you want to know more about POS, read the following infograph.
Cashless payments are increasingly becoming a norm these days. A lot of countries have embraced the cashless culture and more are following their footsteps.
The fundamental difference between EMV and other cards is that the former has a computer chip attached to it which provides added security feature. Unlike magnetic strips, EMV chips change data every time.