POS terminals are just standard computers running software to facilitate the operation of a store at a point of sale. The point of sale is wherever transactions take place within a store (also referred to as the place of purchase). At a designated counter or checkout area and at the large majority of retail locations, these POS machines are located.
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An insight on different pos terminals and their working
1. An Insight On Different POS Terminals And Their Working
POS terminals are just standard computers running software to facilitate the operation of a store at a
point of sale. The point of sale is wherever transactions take place within a store (also referred to as the
place of purchase). At a designated counter or checkout area and at the large majority of retail
locations, these POS machines are located.
Consequently, the fundamental purpose of a point of sale terminal is to simply enable a customer to pay
for its items. Today, this means that you are reading your credit or debit card and you are authorized to
confirm your purchase and then print a receipt. However, terminals for points of sale will usually do
much more. A majority of shops depend on their terminals for their inventory management. IWL220 and
ICT220 are the examples of models of some good POS machines.
Benefits for Business
Accept virtually all contactless, chip,
magnetic stripe and mobile wallet payment
options
Built-in contactless acceptance reduces
transaction times and checkout queuing
Easy to use for staff and customers – large
3.5″ touch display with blue backlit keypad
Built-in contactless acceptance reduces
transaction times and checkout queuing
Robust tip functionality
Password protection restricts access to
configuration, transactions and reporting
functions
Integrated thermal printer with graphic
capability prints 18 lines per second for
quick receipts
Fast transaction throughput using using
your current internet connection and dial-
back functionality (when required)
Protect against fraud and identity theft with
secure encryption and authentication of
applications
Tamper resistant construction, secure SSL
2. For example, if the arrangement is still on site, a florist may use the “point of sale” terminal of his
company. In the past it would have been a manual process to confirm the location of the arrangement,
including calling the driver to check his status. Point-of-sale end-users supply this kind of information
with a single click system. A shop can have one or several POS terminals depending on its needs. By
utilizing the POS machines, now there is no need of going to ATM.
How POS terminal works?
Each terminal has a credit-card swipe tool, receipt printer and generally a cash drawer. All devices are
connected to the same server, providing a central database to collect information on all transactions in
one store. A barcode scanner is also connected by many shop owners. In order to respond to a store's
unique needs, there is an endless range of devices that can be integrated into a point of sale terminal.
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