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 ?
The Global (United States, European Union and China) Electronic Funds Transfer Point of Sale (EFTPOS) Terminals Market research publication released by HTF MI addresses all this aspects and provides the latest scoop and detailed insights on all major & emerging business segments.
Using AIVA, the company's artificial intelligence virtual assistant, Black Knight's Digital Point of Sale streamlines the origination process while simultaneously ensuring data integrity and consistency from the beginning.
BDB's Group chief executive Sanjeev Paul said "through the launch of the Point of Sale Assignment, all parties involved in the transaction win".
The Point of Sale launch was well attended by local traders and distributors who not only enjoyed a number of activities like a mini golf area, 10 mm rebar metal maze and lucky draw but also appreciated the extraordinary services provided by Agha Steel Industries.
ConnectPOS is the No.1 Magento Point of Sale (POS) software for retailers with online and offline stores, who want to offer a true omnichannel experience for their customers.
The partnership will allow Dixons Carphone to upgrade the capabilities of its point of sale coupon program by implementing Ecrebo's advanced 'Message at Till' solution across all 450 of its megastores.
Target: JDA Store Point of Sale, JDA Win/DSS Point-of-Sale and JDA CRM solutions
This means that as of October 1, 2015, the entity that is least prepared to support EMV bears the brunt of the liability of any fraudulent transaction that occurs at the point of sale.
The results underscore how Adyen is building on its position as the global partner of choice for international ecommerce, and is rapidly expanding its point of sale offering by connecting a new range of customers to its omnichannel payments platform.
Perception of accessibility of the point of sale by a customer creates the basic factor of the point of sale attractiveness (Bou?kova et al.
Their voices have been heard and thanks to them, we now offer the best integrated payment application in QuickBooks and QuickBooks Point of Sale market."
Since installation of biometric system can enhance the national security environment so with setting up the new system at every point of sale of SIM is expected to reduce the security risks in the country in coming days.