A point of sale (POS) system is where your customers pay for goods or services offered by your company.
Therefore, POS is the final step in the final completion of retail transactions in the consumer chain.
A point-of-sale system is a system that enables business transactions between a customer and a company. The POS system is a computerized network that includes a host computer connected to several checkout terminals and supported by different hardware functions, starting with the barcode scanner and ending with the card payment terminal.
Because companies have different needs, they also need a variety of point-of-sale systems. For example, restaurants, retailers, and grocery stores all have their own expertise, which is why they need a POS system that meets their specific needs.
Food stores need to be scaled up at the point of sale, and cafes need to have the opportunity to customize the menu with special offers.
But in general, there are two main types of businesses that require a point-of-sale system. These are retail companies and hotels, such as restaurants and hotels. This also means that there are mainly two suitable POS systems, one for retail and one for restaurant business.