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point of sale

   Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.07 sec.

Capturing data at the time and place of sale. Point of sale systems use computers or specialized terminals that are combined with cash registers, bar code readers, optical scanners and magnetic stripe readers for accurately and instantly capturing the transaction.

Point of sale 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 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 bar code readers and point of sale systems. Do we even remember the days without them? (Image courtesy of Sweda International AB.)
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NASDAQ:INTU)) has launched QuickBooks[R] Point of Sale Solution for Retailers, a complete and affordable PC-based point of sale (POS) offering that helps give small business retailers the same levels of insight and control over sales, inventory and customers as large superstores and department chains.
INTUIT HELPS SMALL BUSINESS RETAILERS COMPETE WITH MEGA-STORES by EDP Weekly's IT Monitor
SAN FRANCISCO -- Xsilva Systems Inc today unveiled LightSpeed 2, a Universal version of Xsilva's next-generation multi-user Point of Sale system for Mac OS X.
Xsilva Unveils LightSpeed 2 Point of Sale and Web Store for Mac OS X by Business Wire
SAN FRANCISCO -- Xsilva Systems Inc trained 41 resellers and consultants on the newly-unveiled LightSpeed 2, Xsilva's next-generation multi-user Point of Sale system for Mac OS X, at the first-ever LightSpeed Day Camp.
Xsilva Trains 41 Resellers and Consultants at LightSpeed 2.0 Day Camp by Business Wire
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