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Thursday, December 12, 2019
Monday 30 May 2016
Author admin  Billing Softwares  0  
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30 May 2016
POS stands for point of sale. A point-of-sale (POS) transaction is what takes place between a merchant and a customer when a product or service is purchased

 POS stands for point of sale. A point-of-sale (POS) transaction is what takes place between a merchant and a customer when a product or service is purchased, commonly using a point of sale system to complete the transaction.  To see different types of POS systems.

So when you’re at your favorite restaurant or retail shop, and you make a purchase, you are completing a point-of-sale (POS) or a point of purchase (POP) transaction.

Merchants typically use a POS system to complete a sales transaction.  In its most basic definition, a POS system is a combination of POS hardware and POS software to create a POS machine for processing a transaction and payment.

Cash registers are not as evolved as using a POS system and lack many of the functions and features of a modern day point of sale system.  A cash register could be considered a point of sale solution technically, however, for our definitions, we will be focusing on point-of-sale machines (GL infotech POS terminals) that involve both software and hardware.  Continue below to learn more.


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Good  Life InfoTech (GLinfotech) a Customized Software Devlopment company Develops Softwares for All Kind of Bussiness & NGO's. Billing / GST / Web / Android /  Customized Technological Solutions.

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