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 ?
1 This turns out to be an interesting way to create the kind of "impulse" purchasing that most retail stores only have positioned at the checkout counter, as one continually wanders past interesting things that you hadn't even thought you needed.
Meanwhile, MasterCard is piloting "tap and go" debit and credit cards with a chip that can be read by a remote receiver, speeding the line at the checkout counter.
"This solution enables us to provide our customers with speed, accuracy and simplicity at the checkout counter," says William Johnson, director of telecommunications for Foot Locker.
Imhoff's simple answer to that confounding checkout counter question, "paper or plastic?", is neither.
It would be much easier for the new pastor if there were a list of do's and don'ts, like in those checkout counter magazines: "Ten ways to make him your love slave!" My friends and I couldn't come up with a list like that.
Other tracing methods are also being tested, like miniaturized bar coding and cameras with advanced recognition technology that can identify fruits and vegetables at the checkout counter.
I suspect that the four people making change at every department store checkout counter or the two women piloting one elevator did not succeed in calculus class.
The hope of all those magazine publishers is that you will see the photo of someone famous whom you want to know more about and run to the checkout counter with a copy of that magazine.
It will probably be several years after that before the technology is used for scanning at the checkout counter, he said.
In the example used by the Supreme Court, "if Catalina's manufacturer-client is Campbell Soup, Campbell can contract to have a coupon reading 'one dollar off your next purchase of Campbell Soup' printed at the supermarket checkout counter whenever someone purchases a can of its soup, in order to encourage repeat business.
In Continual Distance: checkout counter, one object, 2003, for instance, the sculptural bottom and top of the piece are envisioned in the locked embrace of a checkout counter and register at your local Staples.
The Group also intends to introduce self-scanning shopping carts that eliminate the need to remove items at the checkout counter.