POS | Point Of Sale
POS also called also Point Of Sale or Checkout is the place where the retail Transaction is completed . It is the point at which a customer makes a payment to the merchant in exchange for goods or services. at the point of sale the retailer would calculate the amount owed by the customer and provide options for the customer to make the payment .. the merchant will also normally issue a receipt for the transaction.The POS in various retail company's uses edited hardware and software as per the requirements. retailers may utilize weighing scales, scanners and manual cash registers EFT POS terminals touch screens and other wide variety of hard ware and software available for use with POS.
The modern point of sale is many times called as the point of service b"coz it is not just a point of sale but also a point of return or customer order . additionally it includes advanced futures to carter to differnt functional, werehousing ... alla built into the pos software . prior to the modren pos all of these functions were done independently and required the manual re keying of information , which can lead to entry mistakes...
* The new aplication of pos : Shopify POS is an ipad application that lets you sell your shopify store"s prouducts in a phycial , retail string.
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