Poison Pill

A Point-of-Sale (POS) system is a combination of hardware and software that enables businesses to conduct sales transactions. It is where a customer makes a payment for goods or services and typically includes a cash register, barcode scanner, receipt printer, and payment processing hardware.

Examples of POS systems include:

  • Square: A mobile POS system that allows small businesses to accept card payments via a smartphone or tablet.
  • Shopify POS: An integrated solution that combines e-commerce and in-store sales, useful for retailers with both online and physical presences.
  • Toast: A restaurant-focused POS that manages orders, payments, and Inventory in a single platform.

Use cases include:

  • A retail store using a POS system to track sales and manage Inventory in real time.
  • A café using a mobile POS to take orders and payments tableside, enhancing customer experience.
  • A grocery store employing a traditional POS setup for quick Checkout processes during busy hours.