POSsystem
POSsystem, short for point-of-sale system, is a set of hardware and software that enables merchants to complete sales transactions and manage related operations at the point of purchase. A typical POSsystem includes a sales terminal, a payment reader, a barcode scanner, a cash drawer, a receipt printer, and a touchscreen or keyboard. The software handles transaction processing, pricing, discounts, tax calculation, and receipt generation, and often integrates with inventory, customer management, and accounting systems.
There are two main deployment models: on-premises POS, installed locally, and cloud-based POS, accessed via the
Security and compliance are important, with many POSsystems designed to meet PCI DSS standards and employ encryption
History: POS technology evolved from mechanical cash registers in the late 19th century to electronic registers,
The POSsystem is widely used across retail, hospitality, and service sectors to improve transaction efficiency, data