Meaning Point of sale terminal
What does Point of sale terminal mean? Here you find 4 meanings of the word Point of sale terminal. You can also add a definition of Point of sale terminal yourself
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Point of sale terminalIn credit card parlance, a point of sale terminal is a card reader that a retailer uses to record a sale and initiate a payment's approval. Either the retailer or the customers themselves will swipe the card to begin a transaction. There are many types of point of sale terminals.
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Point of sale terminalA point of sale terminal in terms of a credit card is the machine that the card can be swiped through and how the merchant is able to record receiving the payment. The transaction begins when the card is swiped and is completed when the payment is approved.
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Point of sale terminalA point of sale terminal (POS terminal) is an electronic device used to process card payments at retail locations. A POS terminal generally does the following: Reads the information off a customerâs [..]
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Point of sale terminal This is a point-of-sale terminal that takes the place of the cash register in a scanning system. POP
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