What is POS

Point of sale information for businesses.

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What is POS:

POS or PoS are abbreviations for point-of-sale, point of service, or point of purchase.  This acronym came about between 1950-1955. At first POS was used for the store, dealer, or retail where merchandise was sold, the term soon began to mean the cashier desk, checkout counter, or cash register. Today, POS refers to a system that automatically links to a computer, or terminal, which directly transmits information concerning the sale to a database. The database records and stores, the type of transaction,
items sold, and inventory of number of items left in stock.

 

 

 

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