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 ?
SchlumbergerSema, a business unit of Schlumberger Ltd, has announced the immediate availability of its MagIC X1000 DECT portable point-of-sale terminal.
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 contactless payment smart cards enable cardholders to simply tap their card on the reader or within one inch of a point-of-sale terminal at checkout, instead of swiping their card or handing it to a store employee.
Sierra Wireless EM3420 embedded module connects the MRT300 rugged mobile point-of-sale terminal to CDMA 1X networks for real-time mobile inventory, payment, and delivery transactions