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point of sale |
Also found in: Wikipedia, Hutchinson | 0.04 sec. |
point of saleCapturing 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.
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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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