POS stands for Point of Sale, which is the physical or online place where customers pay you, and ‘system’ is the technology that links your store information to transactions.

POS systems in the Market

POS systems in the market vary and are tailored to suit different businesses and their needs. Many providers specialise by business type, such as retail, restaurant, hotels, bars, and hairdressers.

While cash registers still have their place, however touch-screen POS are easier to operate, faster, and smarter, and their systems can be connected to cloud-based payment hosting, which you can operate on mobile devices, computers, and more.

What a POS system does:

• Process orders
• Automate the input of data
• Integrate with payment transactions
• Integrate with eCommerce for online order payments
• Personalise and customise for promotions and loyalty programs
• Inventory management and store analytics