The point of sale, or POS, is the location in a merchant's establishment at which the sale is consummated by payment for goods or services received. It is also where many retailers offer their store's credit card applications to consumers.

This term refers to the use of payment cards at a retail location (point of sale). The payment information is captured either by paper vouchers or by electronic terminals, which in some cases are desi [..]

Systems that capture transaction data at the physical location in which the sale is made.

merchandising

Definition POS. The physical location at which goods are sold to customers. The point of sale is often more specific than the general building or store where something is sold, typically indicating th [..]

Point of sale, or POS as it is more commonly abbreviated, refers to the capturing of data and customer payment information at a physical location when goods or services are bought and sold. The POS tr [..]

A category of systems that use personal computers or specialized terminals in combination with cash registers, optical scanners or magnetic-stripe readers to capture and record data at the time of tra [..]

The place in a retail store where products are scanned through the register system, data is collected, and sales are tendered. POS also describes sales data generated by checkout scanners.

The time and place a sale takes place. Also refers to the devices used to transmit the credit card transaction.

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 would calculate the amount owed by the customer and indicate the amount, and may prepare an invoice for the customer (which may be a cash register printout), and indicate the options for the customer t [..]

1) The location at which a transaction takes place. 2) Systems that allow bank customers to effect transfers of funds from their deposit accounts and other financial transactions at retail establishme [..]

The terminal at which a customer uses his/her jump to

A check-out counter, checkstand, or checkout where people place items they have chosen to purchase from a store, such as a supermarket or department store. This is typically a long counter, which usually contains a moving belt or sometimes a rotating carousel, and a photocell to stop it when items reach the end. The cashier rings up each item on th [..]

A check-out counter, checkstand, or checkout where people place items they have chosen to purchase from a store, such as a supermarket or department store. This is typically a long counter, which usua [..]

Point of sale (POS) refers to the physical location at which goods or services are purchased and transaction data is captured through electronic cash registers or other electronic devices such as magn [..]

Point of sale describes a type of collection point for information at the "electrotechnical" interface between the customer and commercial enterprises. For example, POS encompasses scanner cash registers or terminals that capture sales on an article basis, as well as credit card purchases and other electronic payment facilities. T [..]

The store or other location where a transaction takes place.

The store or other location where a transaction takes place.

An electronic payment system in a merchant location where consumers pay for retail goods and services, through the use of credit cards and/or debit cards that directly access and deduct funds from the [..]

Is a fee paid for luggage services at a hotel, as part of a group tour.

1) The location at which a transaction takes place. 2) Systems that allow bank customers to effect transfers of funds from their deposit accounts and other financial transactions at retail establishments.

The time and place a sale takes place. POS also refers to the devices used to transmit the transaction such as card readers connected to smartphone apps.

The checkout counter location where the customer gets the total due and pays. Location of barcode scanners and cash register, credit card/ATM debit card readers/terminals.

A term used in the payments industry that refers to the physical location where a payment transaction takes place. POS is also used to describe credit card payment acceptance systems that are designed [..]

Date used to sort the MRP prices from newest to oldest when displaying them to the cashier.

ARQC (cryptogram) is a special code provided by a chip card during an

A review of changes made to employee settings in the Store Manager. Successful and failed logon attempts are also audited.

The level assigned to a user to determine the tasks they are permitted to perform. There are six levels of authority.

A display of credit authorization totals for each type of bank card.

A feature that allows a POS balance to be automatically followed by a pickup of the balance amount during the end of day procedures.

A backup file is a copy of the old contents of a file you are editing. Normally, this means that the backup file contains the contents of the file as it was before the current editing session. The con [..]

The layaway amount remaining after deducting all payments made from the layaway total.

A function that retrieves the balance of a gift card.

A coupon or other feature that entices the customer to buy more of the same product or another product when they come back to the store. The offer can be on their receipt or on a separate coupon. The [..]

An inventory accumulator that is defined by a retailer. These group together inventory items by quantities or locations within a store. For example, quantity available, quantity allocated, quantity in [..]

Cash drawer divided into individual slots for cashier's tills.

A separate secure area located within a retail establishment.

An individual responsible for scanning goods through a point of sale and collecting payment for those goods.

The balancing of a cash register by cashier. A cash register can be balanced by cashier or by till.

An administrative function to allow cashiers to sign on to the POS. Cashiers who are eligible to use the registers must have their ID number, password, and authority level added to the system to allow [..]

The name used within RSA Key Manager to refer to the name of the TWSecurity group of keys.

The limit that customers can charge to their customer card.

A transaction in the system that allows a customer to exchange a check against cash at the POS terminal.

A feature that is used to print information on both sides of a check. The slip printer prints information on one side, and then flips the check over to also print information on the other side.

A person who has a contract or a partnership with the retailer.

A function that allows specific information, such as the store name or number, the account number, or a heading to be printed on a customer's receipt.

Expected amount in the POS register.

A type of tender, such as cash, check or credit card.

A person operating the cash register.

A processing thread in the POS Client. The POS client allows parallel processing: one thread is refreshing the screen and scanning items, while a background thread (off-thread) is monitoring credit ca [..]

An Item that does not have a regular SKU or UPC code and is therefore not considered general merchandise. For example, gift certificates, charges for clothing alterations, equipment, or movie rental f [..]

The manual authorization that has to be performed when the amount of the credit card transaction exceeds the amount specified for automatic authorization.

A money order is a payment order for a pre-specified amount of money.

Data that contains a credit card holder's name, account number, and

An SAP component within SAP POS comprised of the TPS Systems components NTM - Network Transaction Manager and NFM - Network File Manager.

Sales transaction in which special conditions are granted when certain products are bought together. The conditions can be special prices, fixed discounts, percentage discounts or free-goods discounts [..]

A till that is not balanced at the end of each business day. You can reconcile the till amount to correspond to the system amount when needed. This prevents interference with customer sales and store [..]

Centrally administered encryption key management system that can manage encryption keys at the database, file server, and storage layer offered by RSA, The Security Division of EMC. For retail organiz [..]

Retail practice in some markets whereby items are produced by the manufacturer with the retail price of the item, including taxes, printed on the item's packaging. This protects retail shoppers f [..]

Passwords or other sensitive consumer information maintained by TWSecurity.

A transaction that may include shipping fees.

The difference between established store sales statements and the actual audited figure.

Device that retrieves a signature electronically where a person signs on an electronic device. Normally the signature is stored as an image.

An insert to be placed into the cash register. Each cashier can have their own till insert.

Report of a store's daily sales.

A character that appears next to the item on the receipt to show which tax was charged on the item.

Secure hardware device for entering a Personal Identification Number

The number of items that make up a package.

Money is added to the register but no goods or servicse are sold.

Money is removed from the register.

A transaction where the final payment and the exchange of items happens at a later date. Layaways are the most common form of pending transactions.

A list of PLUs, descriptions, and blank fields that is used to record quantities during inventory counts. You can enter criteria to determine the PLUs that are included on the count sheet. Count sheet [..]

A form for a customer to apply for in-store credit. A customer can apply online for an in-store credit card, be accepted immediately, and also be granted a maximum credit limit to be used on their cur [..]

The sale of items and non-merchandise items that are paid for by the customer with a credit or debit card.

The time at which you are no longer able to do/access/deliver something.

One of four levels of hierarchy within which PLU items are classified. A department level is used to group together products with similar features, making it easier to administer promotions and for re [..]

To transmit settings from an application profile to designated sites and devices. For example, the application profile in the Configurator deploys settings to the POS terminals and other retail points [..]

An amount of money paid as a security for a layaway, to ensure that the items are held for the cusomer for a predetermined period of time.

A type of discount, such as a staff discount, promotion or coupon.

The transfer of money from cash registers to a safe.

A variable amount of tender to be retained in the till upon completing a balance.The user is prompted for the amount of tender to transfer to the safe. The remaining tender is accounted for in the til [..]

A value assigned to an employee to represent their role. For example,

The points awarded to a new customer when they join the loyalty program.

The removal of tender from a cashier#s drawer during the day. Usually a POS pickup is performed for security reasons so that a cash drawer does not contain large amounts of currency.

A predetermined amount of tender to be retained in the till upon completing a balance. The amount of tender to transfer to the safe is then calculated based on this figure.

Tender that is taken from the store#s safe and placed in a cash drawer for a shift. This allows the cashier to give customers change. A float is often referred to as a loan.

A level or threshold that can be set in the system. Based on your configuration, falling above or below this level triggers specific functions.

A stamp or coupon, issued by the government to persons with low incomes ,that can be redeemed for food at stores.

A process in a credit transaction where the credit service is not contacted for authorization before the transaction is completed. If your store policy is to accept credit purchases under a defined mo [..]

Device that reads the magnetic stripe on a credit card for account information to automatically be processed for a transaction. A credit card reader is either integrated into a register, attached onto [..]

The awarding of points to customers for purchases they make at your store. Points can then be used to reduce the cost of future transactions, or to receive free items.

1- or 2-digit number that is printed on certain European debit cards, which indicate how many versions of the card have been issued to the cardholder. This value is used for authentication.

A number that can be attached to both tenders and PLUs, to determine which items can be purchased with those tenders.

Number under which a price is stored in the POS system.

A multifaceted security standard that includes requirements for security management, policies, procedures, network architecture, software design and other critical protective measures intended to help [..]

A check performed by the system when a customer pays for a transaction with a credit card. Before the transaction can be completed, an authorization request is sent to the credit authorizing agency, w [..]

A checkout lane in the physical store which basically corresponds to a point of sales for reporting purposes.

A penalty that can be imposed on a customer if they pay the final payment for a layaway sale after the agreed deadline.

A transaction that allows items to be held for customers for a predetermined period of time. A minimum deposit must be paid to secure the items.

The cancellation of the layaway transaction with no refunding of payments made towards the outstanding balance.

A single checkout lane with a cash register

A function that allows you to further classify items. You can define up to six user flags and options for each flag. After you have defined user flag options, you can assign them to PLUs and you can a [..]

The security tool used to protect data within the SAP POS-family of applications.

The location (geography) in which the fare itinerary is eligible to be sold and in the currency applicable to that location

1) The time and place at which a sale occurs, such as a cash register in a retail operation, or the order confirmation screen in an on-line session. Supply chain partners are interested in capturing data at the POS, because it is a true record of the sale rather than being derived from other information such as inventory movement. 2) Also a nationa [..]

  Point of sale (POS) refers to the particular location where a sales transaction takes place; POS software handles the collection, storing, managing and sharing of payment, customer, product and serv [..]

In a brick and mortar store the location where payment transactions for goods and services take place. This can also be the payment screen for an e-commerce or m-commerce sale. In such instances POS a [..]

Refers to the place where the customer pays for the desired goods or services. There are physical points of sale, e.g. cash registers in shops, as well as online points of sale (see also “e-commerce”) [..]

is the place where a retail transaction is completed (also known as a checkout).

In an establishment that sells goods or services, the location at which payment for goods is made.