Point of sale (POS) system

A Point of Sale (POS) system is the technology used by businesses to complete sales transactions. It typically includes hardware like cash registers, card readers, and barcode scanners, along with software that manages sales data, inventory, and receipts. When a customer makes a purchase, the POS system processes the payment, updates inventory levels, and records transaction details. It streamlines checkout processes, improves accuracy, and provides useful sales insights for business management. Essentially, a POS system is a combined hardware and software solution that facilitates efficient and organized sales operations.