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: