A Point of Sale (also known as a Point of Purchase) is where a consumer pays for goods or services. Customers can place orders, make reservations, and pay bills electronically using POS systems, which are becoming more interactive, especially in the hospitality business.
A POS transaction can take place in person or online, and receipts can be printed or emailed. Merchants are increasingly turning to cloud-based point-of-sale solutions.
A CEO's Guide to eCommerce Order Fulfillment Statistics and Much More
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