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point-of-sale terminal |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.04 sec. |
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point-of-sale terminal [′pȯint əv ¦sāl ′term·ən·əl] (computer science) A computer-connected terminal used in place of a cash register in a store, for customer checkout and such added functions as recording inventory data, transferring funds from the customer's bank account to the merchant's bank account, and checking credit on charged or charge-card purchases; the terminals can be modified for many nonmerchandising applications, such as checkout of books in libraries. Abbreviated POS terminal. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| To use Chase cards with blink, cardmembers simply hold their card near a point-of-sale terminal at checkout, instead of swiping their card or handing it to a concessions employee. To use Chase cards with blink, cardmembers simply hold their card near a point-of-sale terminal at checkout, instead of swiping their card or handing it to a concessions' employee. That in turn facilitates the programming of a single merchant point-of-sale terminal to accept and process transactions from all three companies' payment cards/devices. |
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