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       #Post#: 2228--------------------------------------------------
       What Is POS POP
   DIR By: Kim USA
       Date: April 22, 2022, 6:09 am
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       This article is about checkout technology. For managed care, see
       point of service plan.
       The point of sale (POS) or point of purchase (POP) is the time
       and place where a retail transaction is completed. At the point
       of sale, the merchant calculates the amount owed by the
       customer, indicates that amount, may prepare an invoice for the
       customer (which may be a cash register printout), and indicates
       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 provision of a service. After
       receiving payment, the merchant may issue a receipt for the
       transaction, which is usually printed but can also be dispensed
       with or sent electronically.[1][2][3]
       Points of sale at a Target retail store
       To calculate the amount owed by a customer, the merchant may use
       various devices such as weighing scales, barcode scanners, and
       cash registers (or the more advanced "POS cash registers", which
       are sometimes also called "POS systems"[4][5]). To make a
       payment, payment terminals, touch screens, and other hardware
       and software options are available.
       The point of sale is often referred to as the point of service
       because it is not just a point of sale but also a point of
       return or customer order. POS terminal software may also include
       features for additional functionality, such as inventory
       management, CRM, financials, or warehousing.
       Businesses are increasingly adopting POS systems, and one of the
       most obvious and compelling reasons is that a POS system does
       away with the need for price tags. Selling prices are linked to
       the product code of an item when adding stock, so the cashier
       merely needs to scan this code to process a sale. If there is a
       price change, this can also be easily done through the inventory
       window. Other advantages include the ability to implement
       various types of discounts, a loyalty scheme for customers, and
       more efficient stock control, and these features are typical of
       almost all modern ePOS systems.
       Terminology
       History
       User interface design
       Cloud-based (post-2000s)
       Retail industry
       Hospitality industry
       Accounting forensics
       Security
       See also
       References
       External links
       Last edited 1 month ago by Dove's talk
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       Wikipedia
  HTML https://en.wikipedia.org/wiki/Point_of_sale
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