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The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed.At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment.
At a glance: POS vendor comparison. The account-based marketing firm 6sense tracks 208 POS systems. Square has the largest market share (28.83%), with Toast (25.98%) following closely behind.
April 10, 2014 – Heartland acquired MCS Software, a provider of school foodservice point-of-sale (POS), back office and online payment for more than 4,000 K-12 schools nationwide. August 14, 2014 – Heartland announced the acquisition of Leaf, creator of a mobile Point-of-Sale (POS) tablet designed for commerce.
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PAX Technology S90 credit card terminal with a Visa card inserted.. A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly" [1]), is a device which interfaces with payment cards to make electronic funds transfers.
A point-of-sale display (POS display) is a specialised form of sales promotion that is found near, on, or next to a checkout counter (the "point of sale"). They are intended to draw the customers' attention to products, which may be new products, or on special offer, and are also used to promote special events, e.g. seasonal or holiday-time sales.
This page was last edited on 5 November 2020, at 07:02 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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