POS simply stands for Point Of Sale, which refers to the place at which transactions take place. Your POS machine (POS system or POS terminal) is the device that’s used to add up and take payments for what’s being purchased.
POS simply stands for Point Of Sale, which refers to the place at which transactions take place. Your POS machine (POS system or POS terminal) is the device that’s used to add up and take payments for what’s being purchased.