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Truist Financial's (TFC) efforts to expand its lucrative POS lending business through the acquisition of Service Finance will go a long way in supporting revenue growth and be accretive to earnings.
Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. [7] The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks.
At a glance: POS vendor comparison. The account-based marketing firm 6sense tracks 208 POS systems. Square has the largest market share (28.83%), with Toast (25.98%) following closely behind.
First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States.The company's STAR Network provides nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and at online outlets for nearly a third of all U.S. debit cards.
The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed.At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment.
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