POS Terminal and accessories

The Point Of Sale (POS) is the time and place where a retail transaction is completed. At the point of sale, the merchant would calculate the amount owed by the customer, indicate the amount, prepare an invoice for the customer (which may be a cash register printout), and indicate the options for the customer to make payment. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after the provision of a service. After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed but is increasingly being dispensed with or sent electronically.

While the point of sale is an important aspect of a retail transaction, modern technology has allowed for online and mobile payments to be made without the need for a physical point of sale. Additionally, some businesses may choose to use alternative methods of tracking transactions and providing receipts, making the traditional point of sale less essential in certain situations.