what is electronic point of sale
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A: Electronic point of sale refers to the process of selling retail goods through a computer terminal that tracks data more thoroughly than a standard cash register. It allows for upsales on the spot, makes stock management easier and more accurate and speeds up transactions with customers.
ELECTRONIC FUNDS TRANSFER AT POINT-OF-SALE (EFT-POS), POINT OF SALE TERMINAL, ELECTRONIC DATA CAPTURE, ELECTRONIC INFORMATION SYSTEM, ELECTRONIC MEETING SYSTEM (EMS), ELECTRONIC DATA INTERCHANGE (EDI), ELECTRONIC COMMERCE (E-COMMERCE), ELECTRONIC DATA GATHERING AND RETRIEVAL (EDGAR), ELECTRONIC …
Definition of ‘electronic point of sale’. electronic point of sale in British. noun. a computerized system for recording sales in retail shops, using a laser scanner at the cash till to read bar codes on the packages of the items sold. .
electronic point of sale noun a computerized system for recording sales in retail shops, using a laser scanner at the cash till to read bar codes on the packages of the items sold Acronym: EPOS
Point of sale. The point of sale ( POS) or point of purchase ( POP) is the time and place where a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout),