Definitions for "Point of Sale Terminal"
Keywords:  swipe, retail, merchant, debits, icat
(POS) Electronic terminals found in business establishments allowing customers the opportunity to pay for goods and services through debits to their accounts that simultaneously issue credits to the sellers' accounts.
Electronic cash registers used for online, real-time processing of sales transactions
Electronic device used by retail businesses to process credit card transactions. If the customer is present, they swipe or slide their credit card through the machine.