point-of-sale terminal


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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.
References in periodicals archive ?
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.
Axalto (EURONEXT:AXL)(EURONEXT:NL0000400653) is the world's leading provider of microprocessor cards (Gartner 2005) -- the key to digital networks -- and a major supplier of point-of-sale terminals.
The MRT300 mobile point-of-sale terminal is a prime example of the value wireless data connections can offer to enterprises in industries ranging from retail, to field services, to transportation," said Dan Schieler, Senior Vice President of Worldwide Sales for Sierra Wireless.
These are just some of the findings from IHL's new market study, "2005 North American Hospitality Point-of-Sale Terminals Market Study," which is available immediately.
The popular T-2000 and T-2001 electronic point-of-sale terminals are presently used in approximately 6,000 United States supermarkets.
Europe and Asia, and processes approximately 32 million electronic top-up transactions per month at more than 218,000 point-of-sale terminals across more than 109,000 retailers in ten countries.
The two companies have signed a long-term agreement that will lead to acceptance of Discover Network Cards at China UnionPay ATMs and point-of-sale terminals in China and acceptance of China UnionPay cards on the PULSE network in the U.
Shipments of electronic point-of-sale terminals grew at a strong 8 percent rate in 2004 on the heels of lower prices according to a new research study from IHL Consulting Group.
which specializes in selling prepaid services, including wireless top-up, long distance calling cards, and financial services products such as credit cards and stored-value cards via point-of-sale terminals in convenience store retail chains across the U.
Shera, along with Q Comm's current vendor, Universal Electronics, will manufacture Q Comm's "Qxpress" point-of-sale terminals.
The market for point-of-sale terminals has gained significant impetus in the last couple of years owing to the easy usability and high return on investment that it offers.
Led by strong shipments to smaller specialty stores and large format grocery retailers, shipments of Microsoft's Windows NT and Windows 2000 operating systems on retail Point-of-Sale Terminals grew 19.