POS or point-of-sale systems are a combination of hardware and software components that bring function and value to the sale process. A few quick examples of this function and value include the ability to scan barcodes, swipe credit cards, and track sales.
Older POS systems were mechanical cash registers that aided in sales tallying and money changing. Nowadays, POS systems have become so complex and multifaceted that it's possible to run many technical aspects of your business from the point of purchase.
In this article, we’ll examine the modern point-of-sale landscape to understand not only how POS systems work, but also how they can work for you.