Point-Of-Sale Terminal

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DEFINITION

A type of electronic-transaction terminal. Point-of-sale terminals typically include a computer, a cash register and other equipment or software used to sell goods or services. They also transmit sales data to be posted to customer accounts.


INVESTOPEDIA EXPLAINS

The most common type of terminal is the electronic cash register used by volume-transaction merchants such as department stores. Common among all point-of-sale terminals is the emphasis on speed of operation and ease of use of the hardware and software.


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