point of sale

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point of sale

Capturing data at the time and place of sale. Point of sale (POS) systems can use regular computers or specialized terminals that are combined with cash registers, barcode scanners, magnetic stripe readers and chip readers for accurately and instantly capturing the transaction.

POS systems may be online to a central computer for credit checking and inventory updating, or they may be stand-alone machines that store the daily transactions until they can be delivered or transmitted to the main computer for processing. See card reader, keyboard wedge and self checkout.


Point of Sale
Busy supermarkets would be hard pressed to keep up with the traffic if it were not for barcode readers and point of sale systems. Do we even remember the days without them? (Image courtesy of Sweda International AB.)
References in periodicals archive ?
After all, the annual amount spent on point of purchase is more than radio and cinema advertising revenue combined, and 33% more than the total media expenditure in all the UK's 3,300 consumer magazines.
The Video Chameleon View Displays are designed for the point of reach, point of purchase and point of information markets where the power of high impact stunning DVD quality video that is both interactive and low cost will enhance the customer experience and increase sales.
The world's largest and most successful retail and entertainment companies use CoolSign Systems in their own properties to create private networks for driving sales at the point of purchase.
Bentley Commerce Corporation (OTCBB:BLYC) the leader in online and point of purchase barter and trade, has launched an Internet based barter exchange that will feature ARTrade, an art reproduction company that provides art to the hospitality industry and corporate sector, in its global trade marketplace.
Together with the Coupon Dispensers and Shelf Talkers, PPMC and CBS are able to offer retailers and advertisers three powerful Point of Purchase (POP) advertising tools plus CBS TV and Radio.
Long distance phone card and cellular PINS from all major cellular service providers can be delivered - on demand - directly to the point of purchase, through small free-standing terminals or by a host-to-host infrastructure that can be incorporated into the retailers' already existing cash register system.
a 58-year-old company specializing in screen printing, banners, point of purchase (POP) displays, and fulfillment.