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 ?
Wal-Mart is encouraging suppliers to use radio frequency identification technology that will make it possible to track goods from the warehouse to the checkout counter.
Daniel Refsnes Trevland, four, wandered off as his mother,Monica, was waiting to pay at a store checkout counter in Stavanger.
Quality is defined at the checkout counter, and consumers set the rules," says Steve Baker, former CoBank senior market analyst and STRIDE Summit 2003 presenter.
I loaded them onto a cart and proceeded to the checkout counter.
The checkout counter is not only ideal for impulse buying, but it also provides consumers with an opportunity to try the product and ask questions.
When I'm at the checkout counter at Tower Records, armed with CDs by Christina Aguilera and the Dave Matthews Band, I don't feel the slightest sense of guilt standing behind a black person loaded with Master P.
Navigating this virtual shopping site is like spending a day at the mall, sans parking hassles and long lines at the checkout counter.
At that time, Chip Kunde, vice president, state affairs, Grocery Manufacturers of America, noted, "Consumers have no way of knowing which foods are taxed until after paying for them at the checkout counter.
One stumbling block has been the electronic checkout: "By some estimates, more than two-thirds of Internet shopping carts are left at the virtual checkout counter," he writes.
Lasers are used everywhere today: Doctors use lasers to perform eye surgery, relieve back pain, and fill teeth; engineers use lasers to weld machine parts; your supermarket clerk uses lasers to scan product prices at the checkout counter.
I was in a tabloid-induced fugue state at the supermarket checkout counter, musing about whether Linda Tripp could have killed JonBenet, when my credit card problems began.
If you're in the mood for classic satire, though, revenue-sharing may make it more available at the checkout counter than on the retail shelves.