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In Our Chanel We will Tell you what is Pos ( Edc) Machine, How it's Work, Banks, Terminology use in Acquiring Business, UpI, BQR, Sound Box, IPG. Types of POS, EDC Features. What the benefit, How to apply Pos and all your Question and Answers ❤️🙏💥

What Is a POS?

A POS or point of sale is a device that is used to process transactions by retail customers. A cash register is a type of POS. The cash register has largely been replaced by electronic POS terminals that can be used to process credit cards and debit cards as well as cash.

A POS may be a physical device in a brick-and-mortar store or a checkout point in a web-based store.

The software for POS devices is growing increasingly elaborate, with features that allow retailers to monitor inventory and buying trends, track pricing accuracy, and collect marketing data,

KEY TAKEAWAYS

A point of sale (POS) is a place where a customer executes the payment for goods or services and where sales taxes may become payable.