Know The Meaning Of Point Of Sale Displayby Harry Jason Business
Point of sale (POS) can be referred to as a check-out or cash wrap and is usually the location in a store or restaurant where transactions for the exchange goods and services occur.
A point of sale system typically refers to the physical electronic hardware and peripherals that are used to conduct a transaction. This hardware can include a cash register, a dedicated computer or even a mobile smart device such as a tablet computer. Value Added Resellers (VAR) interchangeably use the term POS when they discuss the hardware and the checkout location. The credit card industry adds to the confusion. Merchant services providers who process credit card transaction and their Independent Sales Organizations (ISO's) will refer to standalone credit card terminal as a POS as well. A POS in this sense is only the peripheral that reads the credit card, sends the transaction data between the store and credit card processor and may issue a receipt once approved.
Point Of Sale Systems Brisbane Peripherals Are Devices Like:
Receipt printers- Provide a physical record of the transaction
Magnetic stripe reader (MSR)- Automate the entry of credit card, driver's license or loyalty card information.
Bar code scanners- Automate the entry of information found on products, loyalty cards and coupons. This information is referenced in Universal Product Codes (UPC) and Quick Response (QR codes).
Cash Drawer- A drawer connected to the Sydney POS Displays used to safely store cash and coins.
POS Keyboard- Typically is retail hardened keyboard built to stand up to the constant use in a retail environment and is used to enter customer, product or service data. Many times, it will have the MSR built in. Many large stores use mechanical keyboards which are rated for higher use than a standard consumer keyboard.
Signature Capture- Used to save an electronic record of a customer's signature
Electronic Scales- Automate data entry of weight information
Computer Display- Used as a computer display to show information. May have touch screen technology.
Typically, large companies have built or customized the hardware, software and peripherals to fit their specific needs. The goal is to process transactions in the quickest and most accurate framework in order to keep their customers happy, associates trainable and accounting accurate.
Small and Medium businesses (SMB retailers) typically buy off the shelf hardware bundles with software customized for their industry vertical. Today this software no longer needs to reside on a computer in the store it can be hosted on a cloud and sold under the software as a service model (SaaS.)
Numerous vendors are available online that deals in POS displays as well as Retail Design Brisbane.
Created on Jan 12th 2019 10:36. Viewed 301 times.