Banking Application on POS Terminals
Point of sale apps (POS) are the place in a store or elsewhere where the actual business transaction takes place. Usually, it involves an exchange of money, whether cash, check, or credit card for merchandise or a service. Payment is taken and a receipt is given. Point of sale systems make it all happen, linking hardware, such as a cash register or credit card reader, with software that will process credit and debit card payments; managing inventory; tracking sales data, and collecting customer information. Many POS systems will even sync with accounting software, creating a complete financial management package for your operation.