A Point of Sale (POS) is technically a system in a retail store from which you conduct the sale of physical goods. In a store, a POS is where the checkout happens, orders are processed and bills are paid.
POS System
A POS System is the overall hardware and software system used for billing in a POS Store. It usually consists of the following units for displaying the order total, product weight, etc. and other hardware units for scanning product barcodes, a printer for receipts and a cash register.
In today’s times, card readers have also become an integral part of a POS system.
Here’s what a POS system typically contains:
- A display unit to show the billing
- A keyboard/touchscreen device to select products and enter data
- Barcode scanner to scan billed objects
- A Printer to print the receipt
- Cash register – for storage of cash obtained during sales
- A software interface to complete the process
- POS-Store-Checkout