Point of Sale

A Point of Sale (POS) is the location and system where a retail transaction occurs, typically involving the sale of goods or services. It includes the hardware like cash registers, card readers, and computers, and the software that processes payments, manages inventory, and records sales data. The POS facilitates smooth transactions by securely accepting payments via cash, card, or mobile devices, and often integrates with other business systems. Essentially, it’s the operational hub where customers complete purchases and businesses track sales, streamline operations, and analyze performance.