point of sale

• point of sale

https://store.theartofservice.com/the-point-of-sale-toolkit.html

Point of sale

1 Point of sale (also called as POS or checkout) is the place where a retail transaction is

completed. It is the point at which a customer makes a payment to the merchant

in exchange for goods or services. At the point of sale the retailer would calculate the amount owed by the customer and provide options for the customer to make payment.

The merchant will also normally issue a receipt for the transaction.


Point of sale

1 For example, a grocery or candy store uses a scale at the point of

sale, while bars and restaurants use software to customize the item or

service sold when a customer has a special meal or drink request.


Point of sale

1 The modern point of sale is many times called as the Point of Service because it is not just a

point of sale but also a point of return or customer order. Additionally it includes advanced features to cater to different

functionality, such as inventory management, CRM, financials, warehousing, etc., all built into the POS software. Prior to the modern POS, all of these functions were done independently

and required the manual re-keying of information, which can lead to entry errors.


Point of sale - Terminology

1 The most common term used is the Point of Sale, particularly when talking about this area

from the customer's perspective. However retailers and marketers will often refer to the area around the checkout instead as the Point of Purchase (POP) when they are discussing it

from the retailer's perspective. This is particularly the case when discussing

planning and design of the area as well as marketing strategy and offers, such as chocolate displays at point of purchase.


Point of sale - Software prior to the 1990s

1 In August 1973 IBM released the IBM 3650 and 3660 store systems that

were, in essence, a mainframe computer used as a store controller

that could control up to 128 IBM 3653/3663 point of sale registers


Point of sale - Software prior to the 1990s

1 The ViewTouch point of sale software was first demonstrated in public at

Fall Comdex, 1986, in Las Vegas Nevada to large crowds visiting the

Atari Computer booth


Point of sale - Modern software (post 1990s)

1 In 1992 Martin Goodwin and Bob Henry created the first point of sale

software that could run on the Microsoft Windows platform named IT

Retail


Point of sale - Retail industry

1 A retail point of sale system typically includes a cash register (which in

recent times comprises a computer, monitor, cash drawer, receipt printer,

customer display and a barcode scanner) and the majority of retail

POS systems also include a debit/credit card reader


Point of sale - Retail industry

1 POS software in these cases handle special orders, purchase orders, repair orders, service and rental

programs as well as typical point of sale functions


Point of sale - Hospitality Industry

1 Hospitality point of sales systems are computerized systems incorporating registers, computers and peripheral equipment, usually

on a computer network to be used in restaurant, hair salons or hotels. Like other point of sale systems, these systems keep track of sales, labor and payroll, and can

generate records used in accounting and book keeping. They may be accessed remotely by restaurant corporate offices, troubleshooters

and other authorized parties.https://store.theartofservice.com/the-point-of-sale-toolkit.html

Point of sale - Hospitality Industry

1 Point of sales systems have revolutionized the restaurant industry, particularly in the

fast food sector. In the most recent technologies, registers are computers,

sometimes with touch screens. The registers connect to a server, often referred to as a

"store controller" or a "central control unit." Printers and monitors are also found on the network. Additionally, remote servers can

connect to store networks and monitor sales and other store data.


QuickBooks - QuickBooks Point of Sale

1 QuickBooks Point of Sale is software that replaces a retailer's cash

register, tracks its inventory, sales, and customer information, and

provides reports for managing its business and serving its customers.


Point of sales

1 'Point of sale' (also called 'POS' or 'checkout', during computerisation later becoming

'electronic point of sale' or 'EPOS') is the place where a retail transaction is completed. It is the point at which a customer makes a payment to

the merchant in exchange for goods or services. At the point of sale the retailer would calculate the amount owed by the customer

and provide options for the customer to make payment. The merchant will also normally issue

a receipt for the transaction.


Point of sales

1 The modern 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. Additionally it includes advanced features to cater to different

functionality, such as inventory management, CRM, financials, warehousing, etc., all built into the POS software. Prior to the modern POS, all of these functions were done independently

and required the manual re-keying of information, which can lead to entry errors.


Point of sales - Terminology

1 The most common term used is the Point of Sale, particularly when talking about this area

from the customer's perspective. However retailers and marketers will often refer to the

area around the checkout instead as the 'Point of Purchase' ('POP') when they are discussing

it from the retailer's perspective. This is particularly the case when discussing planning

and design of the area as well as marketing strategy and offers, such as chocolate

displays at point of purchase.https://store.theartofservice.com/the-point-of-sale-toolkit.html

Point of sales - Modern software (post 1990s)

1 In 1992 Martin Goodwin and Bob Henry created the first point of sale

software that could run on the Microsoft Windows platform named IT

Retail.Kaplan, Karen


Point of sales terminal

1 'Point of sale' (also called 'POS' or 'checkout', during computerization later becoming

'electronic point of sale' or 'EPOS') is the place where a retail transaction is completed. It is the point at which a customer makes a payment to

the merchant in exchange for goods or services. At the point of sale the retailer would calculate the amount owed by the customer

and provide options for the customer to make payment. The merchant will also normally issue

a receipt for the transaction.


Point of sales terminal - Cloud-based POS (post 2000s)

1 Some cloud-based point of sale systems have an offline processing mode to handle these situations,

such as 1stPayPOS or Revel Systems' Always On mode


GoPago - Point of Sale

1 GoPago LIVE is a point of sale system that includes all necessary

components to function as a plug-and-play POS


1stPayPOS - Point of Sale Hardware

1 1stPayPOS operates with the following point of sale hardware: Card Reader utilizing End-to-End Encryption,Courier Post: Cherry Hill

Company Has Advice for Target; Touts Secure Payment Setup Star Receipt Printer using

thermal paper, impact kitchen printer available with both red and black ink and

optional buzzer, Cash drawer|Cash Drawer, bluetooth Bar code scanner|Bar Code

Scanner with optional charging dock and iPad stand with security lock.


Point of sale display

1 A 'point-of-sale display' (POS) is a specialized form of sales promotion that is found near, on, or next to a

checkout counter (the point of sale)


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• https://store.theartofservice.com/the-point-of-sale-toolkit.html

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