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The point of sale ( POS) or point of purchase ( POP) is the time and place at which a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer ...
EFTPOS. Electronic Funds Transfer at Point Of Sale, abbreviated as EFTPOS; ( / ˈɛf ( t) pɒs /) is the technical term referring to a type of payment transaction where electronic funds transfers ( EFT) are processed at a point of sale ( POS) system or payment terminal usually via payment methods such as payment cards ( debit cards, credit ...
ShopKeep. ShopKeep by Lightspeed is a cloud-based iPad point of sale (POS) system headquartered in New York, NY. Founded in 2008, its POS system is used by more than 23,000 small businesses [1] in the United States and Canada, most of which are retail shops, coffee shops, restaurants, and bars. The system allows merchants to ring up sales ...
Verifone, Inc. is an international producer and designer of electronic payment methods and devices. [ 39] The company divides its business into two segments: Systems Solutions and Services. Systems Solutions consists of operations related to the sale of electronic payment products that enable electronic transactions.
A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly" [ 1] ), is a device which interfaces with payment cards to make electronic funds transfers. The terminal typically consists of a secure keypad ...
A. Association for Retail Technology Standards. Automated sales suppression device.
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