Point-of-Sale (POS) System

What Is a Point-of-Sale (POS) System?

Today, a point-of-sale (POS) system is much more than a cash register.

It’s a combination of hardware and software that enables customers to purchase products or services via:

Cash;

Credit;

Debit;

Mobile wallet;

QR code; or

Contactless payment options.

A point-of-sale (POS) system can take many shapes, including a stand-up console, a mobile device, or a tablet. When an employee rings up a customer, the system calculates their total (including tax) and offers the customer a few different ways to pay.

After the customer pays, the system finalizes the transaction and stores customer purchasing data for the business to use to understand their financial health.

Because most modern POS systems are connected to insight automation technologies, they involve software that can:

Process payments;

Manage inventory;

Create analytics reports;

Manage customer relationships; and

Support marketing campaigns.

In this way, many systems offer a one-stop-shop for businesses.

Point-of-Sale (POS) System

What Is a Point-of-Sale (POS) System?

Digital Shelf Deep Dive

See Salsify in Action

Point-of-Sale (POS) System

What Is a Point-of-Sale (POS) System?

Digital Shelf Deep Dive

Related Terms

Related Resources

How To Build Winning Shopping Experiences

How To Break Down Commerce Barriers and Convert More Customers

See Salsify in Action