Refers to promotional items such as cards, posters, coasters, stickers, etc. placed in a retail environment. Syn: point-of-purchase.
Place where the purchase is made at the checkout or scanning terminals in a retail store. The acronym “POS” frequently is used to describe the sales data generated at checkout scanners.
The place in the store where a sale is completed, i.e., the cash register, where merchandise is picked up. However, the acronym POS frequently is used to describe the sales data generated at the checkout scanners. Also referred to as Point-of-Purchase.
of or relating to or being the location where something is purchased
A transaction that occurs in the real world at the point-of-sale. POS software, such as VirtualPay POS, allow merchants to process card present transactions at the physical point-of-sale using a Web-based virtual terminal that performs the same functions as a physical point-of-sale terminal.
Credit cards, debit cards and checks are processed in the traditional way where the merchant swipes the card in the terminal and the terminal completes the rest of the transaction.
The point where a customer purchases a product(s) within a retail store. This purchase is typically facilitated by a "check-out" lane or counter where bar code scanning equipment is located.
Terminal that records purchases at the point where the consumer purchases a product or service, serving as input to other computers that perform activities associated with sales transactions. 6.28
A point-of-sale (POS) terminal is a computerized replacement for a cash register. Much more complex than the cash registers of even just a few years ago, the POS system can include the ability to record and track customer orders, process credit and debit cards, connect to other systems in a network, and manage inventory. Increasingly, POS terminals are also Web-enabled and/or operated over mobile devises, which makes remote training and operation possible, as well as inventory tracking across geographically-dispersed locations.
A method by which consumers can pay for purchases by having their deposit accounts debited electronically without the... read full article
A place where a merchant deals face to face with its clients.
(POS Place where the purchase is made (i.e. checkout scanners or scanning terminals) and the relief of inventory and data at a time and place of sale, generally through the use of bar coding or magnetic media equipment, is computed.
Refers to the retail type checkout where bar code symbols are normally scanned.
Terminals that allow you to pay for retail purchases with your debit card.
The physical location at which a purchase is made by the consumer. Additionally, a method a taking electronic payment from a consumer without the need for a traditional check.
A physical location where a customer makes a purchase.
A method by which consumers can pay for purchases by having their deposit accounts debited electronically without the use of checks.
POS is a way your can use your DCU Check Card or ATM Card to make purchases. At merchants that have POS terminals, you'll need to "swipe" your card and enter your PIN to complete your purchases. POS works through regional ATM networks. To beginning of page
The merchant's location where a customer makes a purchase.
An electronic payment system for retail goods and services, through the use of credit cards or debit cards that directly access and deduct funds from a customer?s checking account. Also known as POS.