What Does POS Stand For?
POS stands for Point Of Sale
POS, or Point Of Sale, refers to the system and technology used by businesses to complete sales transactions. This includes hardware such as cash registers and card readers, as well as software that manages sales, inventory, and customer data. POS systems streamline payment processing, enhance customer service, and provide valuable insights into sales trends, ultimately improving operational efficiency for retailers and service providers.
Added on 27th September 2008 | Last edited on 16th June 2025 | Edit Acronym