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  2. Point of sale - Wikipedia

    en.wikipedia.org/wiki/Point_of_sale

    Nevertheless, it is the term POS system rather than retail management system that is in vogue among both end-users and vendors. The basic, fundamental definition of a POS System is a system which allows the processing and recording of transactions between a company and its consumers, at the time in which goods and/or services are purchased.

  3. What Is a Point-of-Sale (POS) System? - AOL

    www.aol.com/point-sale-pos-system-040000345.html

    A smooth checkout process improves customer experiences. Learn what a point-of-sale platform consists of and why you need one.

  4. Payment terminal - Wikipedia

    en.wikipedia.org/wiki/Payment_terminal

    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.

  5. Point of sale display - Wikipedia

    en.wikipedia.org/wiki/Point_of_sale_display

    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.

  6. Payment processor - Wikipedia

    en.wikipedia.org/wiki/Payment_processor

    The typical network architecture for modern online payment systems is a chain of service providers, each providing unique value to the payment transaction, and each adding cost to the transaction: merchant, point-of-sale (PoS) software as a service (SaaS), aggregator, credit card network, and bank.

  7. Merchant services - Wikipedia

    en.wikipedia.org/wiki/Merchant_services

    Point of sale (POS) systems; Electronic benefit transfer programs, such as ration stamps (called food stamps in the U.S.). Merchant service providers work as an intermediary between the bank, a person or organisation wanting to receive funds and the person or organisation looking to purchase goods or services. The merchant service provider will ...

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