It usually consists of the following units for displaying the order total, product weight, etc. POS SystemĪ POS System is the overall hardware and software system used for billing in a POS Store. We will work on explaining all the three concepts clearly first so you can follow the rest of this article with greater clarity. People often wrongly use the terms a) POS, b) Point Of Sale System, c) POS Software and d) Point Of Sale Terminal interchangeably. Understanding Point of Sale (POS) Terminology In a store, a POS is where the checkout happens, orders are processed and bills are paid. Point Of Sale Definition: A Point of Sale (POS) is technically a system in a retail store from which you conduct the sale of physical goods. Benefits of an integrated Point of Sale Software.Understanding Point of Sale (POS) Terminology.
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