The point of sale (POS) is the time and place where a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, prepares an invoice for the customer, and indicates the options for the customer to make payment.
Using an efficient POS in your business will make you more cost-focused and can be a powerful motivator in helping your employees and managers, for that matter achieve individual sales targets and objectives, in addition to identifying where sales can be improved.
POS systems have many several benefits to your business like:
- Save time and money
- Increase functionality and ease of use
- Get real-time actionable reports and data
- Improve the customer experience
All of that can be applied to Malls, Shops, Hotels, Restaurants, Hospitals