point-of-sale
Where purchases happen
Point-of-sale refers to the location or moment where a retail transaction occurs—typically where a customer pays for goods.
The term usually modifies nouns: a point-of-sale terminal, point-of-sale software, point-of-sale displays.
Often abbreviated POS: The POS system crashed during the lunch rush.
Payment completion process
- purchaseGoods obtained for payment
- merchandiseCommercial products offered
- SKURetail product identifier
- returnsProfits from investments
exchanges · gift cards · store credit · queue · cashier · customer · shopping · basket
At the endpoint
- registerRecord officially; vocal range
- card readerDevice reading encoded strips
- barcode scannerDevice reading printed stripes
- receipt printerOutputs purchase records
touchscreen · cash drawer · PIN pad · display · kiosk · tablet · checkout counter · chip reader
Borrowed-funds payment tool
- debit cardPayment from checking account
- contactlessRequiring no physical touch
- tap-to-payChip-proximity checkout method
- chip and PINPayment requiring code entry
mobile wallet · Apple Pay · Google Pay · split payment · authorization · declined · approved · magnetic stripe
Overseeing stored merchandise levels
- payment gatewaySoftware routing card transactions
- checkout systemTransaction processing setup
- customer databaseOrganized buyer records collection
- loyalty programIncentive for repeat customers
refund processing · discount codes · product catalog · cloud-based · subscription · integration · analytics
Computing service percentage
- fast casualRestaurant tier, counter-ordered
- food truckVehicle selling prepared meals
- bar tabAccumulated drink charges
- gratuityPayment beyond the bill
open tabs · modifiers · comps · reservations
checkout
Payment completion process
- purchaseGoods obtained for payment
- merchandiseCommercial products offered
- SKURetail product identifier
returns · exchanges · gift cards · store credit · queue · cashier · customer · shopping · basket · upsell
terminal
At the endpoint
- registerRecord officially; vocal range
- card readerDevice reading encoded strips
- barcode scannerDevice reading printed stripes
receipt printer · touchscreen · cash drawer · PIN pad · display · kiosk · tablet · checkout counter · chip reader · card swipe
credit card
Borrowed-funds payment tool
- debit cardPayment from checking account
- contactlessRequiring no physical touch
- tap-to-payChip-proximity checkout method
chip and PIN · mobile wallet · Apple Pay · Google Pay · split payment · authorization · declined · approved · magnetic stripe · tokenization
inventory management
Overseeing stored merchandise levels
- payment gatewaySoftware routing card transactions
- checkout systemTransaction processing setup
- customer databaseOrganized buyer records collection
loyalty program · refund processing · discount codes · product catalog · cloud-based · subscription · integration · analytics
tip calculation
Computing service percentage
- fast casualRestaurant tier, counter-ordered
- food truckVehicle selling prepared meals
- bar tabAccumulated drink charges
open tabs · gratuity · modifiers · comps · reservations
- retailAmazon, marketplace, clearance, retail clerks, retailer
point-of-salestockroom
Storage for merchandise
back office · warehouse · storage area · backroom · distribution center
point, points, pointed, pointing, pointer, pointers, pointy, pointless, pointedly