All terms
Glossary
What is Point of Sale (POS)?
Also known as: POS
A point of sale (POS) is the system where a retail transaction is completed — the hardware and software a store uses to scan items, apply pricing and tax, take payment, and issue a receipt. In a chain, the POS also feeds inventory, loyalty, and head-office reporting.
Modern retail POS is cloud-connected and offline-capable, so stores keep billing during outages and sync automatically once reconnected. For multi-store chains, the POS is the front line of the entire operation, not just a cash register.