Definition, Meaning & Synonyms

point-of-sale

noun

/ˈpɔɪnt əv seɪl/

Definition

The place where a retail transaction is completed.

Examples

The restaurant upgraded to a modern point-of-sale system to speed up service.
Many businesses are transitioning to cloud-based point-of-sale solutions.
At the point-of-sale, customers can receive digital receipts for their purchases.

Meaning

Point-of-sale (POS) refers to the system where a customer makes payment for goods or services. It typically includes both hardware (like cash registers or card readers) and software that processes sales transactions.