A Point of Sale System (POS) is a combination of hardware and software that allows businesses to complete sales transactions. It typically includes a cash register, a computer or tablet, and a payment processing system. POS systems help track sales, manage inventory, and generate reports, making it easier for businesses to operate efficiently.
Modern POS systems often integrate with other business tools, such as inventory management and customer relationship management software. They can accept various payment methods, including credit cards, mobile payments, and cash. This technology streamlines the checkout process and enhances the overall customer experience.