Frequently Asked Question - What is a POS?
What is a POS?
Point of sale (also called POS) 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.
Examples of retail transactions are:
- Brick an Mortar Store
- Telesales - Sell your product by phone.
- Fair or exhibation Sales
- Any other form of face to face sales
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