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Point of Sale
Point of Sale or POS is a system comprised of both software and
hardware and is defines the area where the terminal is located to
process transactions by customers.
From a merchant
standpoint, the point of sale or POS represents the equipment which
process credit card transactions and where the
cardholder is present and the card can be swiped at the POS
terminal.
Point of Sale systems are able to offer retailers and other businesses
a streamlined method of monitoring and managing inventory along with
streamlining the checkout process into one unit.
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