point-of-sale system

Register's digital replacement

A point-of-sale system is the hardware and software where retail transactions occur—the modern replacement for the cash register.

It processes payments, tracks inventory, and records sales data.

Commonly abbreviated POS: We need to upgrade our POS system.

The term often shortens to just point of sale: The coupon is scanned at point of sale.

Related

scanner · barcode · price check · receipt · transaction · card reader · card swipe · touchscreen · merchant · retail · counter · payment · credit card · chip · chip and PIN · tap · contactless payment · beep

Opposites
transaction processing method

point-of-sale systemcash box

Secure money holder

cash drawer · honor system · cash register · cigar box · barter

purchase location/channel

point-of-sale systemonline checkout

Web purchasing completion

mail order · phone order · catalog sales · accounts receivable

business infrastructure sophistication

point-of-sale systemroadside stand

Informal outdoor vending booth

Family

point, points, pointed, pointing, pointer, pointers, pointy, pointless, sale

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Concrete · Rated G