How does point-of-sale technology work?

5 pts.
Tags:
Retail/point-of-sale applications
How does point of sale technology work as a communication device? How does point of sale work through its parts?

Answer Wiki

Thanks. We'll let you know when a new response is added.
Point of sale system is a payment transaction device that is used to make transactions, record sales, and track inventories. They are used widely in the retail chains. For start-up or small scale companies, it is used to track sales, quantities sold and how much money being earned. The point of sale system is more computerized when compared to the new cash register system. It first stores products in the database. It uses the barcode reader so you don’t need to enter the cost of the product manually as like you do in cash register system. Once the retailer scans the barcode of the product then the user swipes the card for payment. Then the card details are been sent to the bank for processing for the transaction. Nowadays point of sale malware is used abundantly by cyber criminal to steal the card details in retail store. Inorder to prevent such data breaches one should secure point of sale system with pos security.

Discuss This Question: 1  Reply

 
There was an error processing your information. Please try again later.
Thanks. We'll let you know when a new response is added.
Send me notifications when members answer or reply to this question.
  • Ben Rubenstein
    Welcome to ITKE, anita. Can you explain a little more about your question? What exactly are you trying to learn about point-of-sale devices or technologies?
    11,250 pointsBadges:
    report

Forgot Password

No problem! Submit your e-mail address below. We'll send you an e-mail containing your password.

Your password has been sent to:

To follow this tag...

There was an error processing your information. Please try again later.

Thanks! We'll email you when relevant content is added and updated.

Following

Share this item with your network: