POS System
Also known as a 'Point of Sale' system
A POS system, also known as a point of sale system, is the time and place in which a retail transaction occurs. Whether it be a card terminal or a cash register (POS machines), the point of sale system works when a customer makes a purchase, the purchase is processed and an invoice/receipt is created.
POS systems are often linked with POS machines of which is another term for cash register or card terminal.
Point of Sale System
A POS system, also known as a point of sale system, is the time in which a retail transaction takes place. Whether it be a card terminal or a cash register (POS machines), the point of sale system works when a customer makes a purchase, the purchase is processed and an invoice/receipt is created. POS systems are often linked with POS machines of which is another term for cash register or card terminal.Practical Application Example
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A restaurant uses a POS system to take card transactions. ”
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