FinTech news in point-of-sale category

With Dutchie POS and Dutchie Pay, the cannabis tech company is now offering cannabis operators one of the most comprehensive platforms to manage dispensaries. Called Dutchie POS, this comes just weeks after the company announced a new payment platform, Dutchie Pay. Dutchie today is announcing a new cannabis point of sale platform, including a dual-screen terminal for dispensaries. Zach Lipson spoke to journalist ahead of the Dutchie POS launch, saying this solution is built to accommodate dispensaries of all sizes.

The previous share purchases refers to an existing relationship between the two: Nets already had a stake in Orderbird as a result of an acquisition it had made of payments company Concardis, and it increased that stake to 40% in a secondary transaction in September 2021.

In Nigeria, POS terminals are used to process card payments at retail locations as well as for agency banking purposes, a branchless banking system where agents act like human ATMs. Its mobile application allows small businesses across the retail, agency banking, hospitality and services sectors to perform similar tasks, such as tracking sales and managing business operations, said Olawale.

Parrot is the latest company raising capital as part of a broader trend of companies helping restaurants thrive in this new digital world, including Zak, also developing point-of-sale technology for restaurants, payment system Sunday and restaurant management software company MarginEdge