Clover Flex for Restaurants

Clover Flex for Restaurants

Pos System for Small Business : This Ingenious Point-Of-Sale System Enhances Transactions And Boosts Client Experience

History and Development of Clover Pos

Imagine going back to the early 2010s, when point of sale systems were large, cumbersome, and frustratingly restricted. Businesses managed money registers, standalone card readers, and separate stock tools-- never a smooth experience. Go Into Clover Pos, a game-changer that redefined how merchants manage sales, inventory, and consumer engagement. But how did this change unfold over time?

At its core, the development of Clover Pos is a story of development conference need. The early models, while revolutionary, weren't without their quirks. Users often lamented:

  • Restricted combination in between software and hardware
  • Cumbersome interface that slowed down transactions
  • Fragmented reporting tools that made data analysis a headache

These difficulties sparked a wave of advancement concentrated on developing a merged, intuitive platform. Brilliant POS embraced this objective completely. Their approach turns these stumbling blocks into stepping stones:

  1. Seamless integration: Software and hardware developed to interact effortlessly, creating a fluid user experience.
  2. User-friendly design: User interfaces that feel natural, reducing training time and increasing speed at checkout.
  3. Robust analytics: Reporting tools that change raw information into actionable insights, empowering smarter decisions.

Think about the analogy of a genius carrying out an orchestra. Each instrument-- hardware, software application, analytics-- should balance completely. Brilliant POS acts as that maestro, managing the whole environment so organizations no longer wrestle with disjointed systems but rather enjoy a symphony of efficiency.

Period Obstacles Brilliant POS Solutions
Early 2010s Detached devices, sluggish workflows Unified platform with integrated hardware/software
Mid 2010s Complex interfaces, poor user experience Structured, user-friendly design
Late 2010s to Today Fragmented information, minimal insights Advanced analytics and smooth reporting

Isn't it fascinating how far innovation has come? The journey of Clover Pos from its humble starts to a powerhouse solution reminds us that development isn't simply about adding functions-- it has to do with solving genuine issues with imagination and precision. Brilliant POS records this spirit, providing not just tools, however transformative experiences for organizations excited to flourish in a busy market.

Analyzing Clover POS Hardware Components

Ever observed how an apparently easy flicker on a touchscreen can bring a hectic café to a grinding stop? The hardware parts of a POS system aren't just parts; they are the pulse of an organization's transaction flow. The Clover POS setup links smooth design with robust functionality, guaranteeing every tap, swipe, and print occurs without a drawback. From the tactile sensation of the touchscreen to the crisp printing of invoices, these elements should perform in harmony.

Core Parts and Their Functions

  • Touchscreen Show: The frontline user interface. Precision and responsiveness here dictate speed at the checkout counter.
  • Receipt Printer: More than just ink on paper, it seals the deal. Peaceful yet fast printing decreases wait times.
  • Cash Drawer: Quiet and secure, it's the guardian of the day's earnings, set to open only at the ideal moments.
  • Barcode Scanner: Swift recognition of products prevents those uncomfortable cost checks and keeps lines moving.
  • Card Reader: Security and speed wrapped into one, efficient in dealing with several payment types flawlessly.

Why Hardware Reliability Matters

Image this: the printer jams mid-rush or the card reader stops working just as the lunch crowd surges. It's not just bothersome; it's a direct hit to profits and customer trust. Brilliant POS appreciates these moments where innovation can seem like a traffic jam, not a bridge. Their Clover POS systems are engineered with parts understood for resilience and quick replacement choices, reducing downtime significantly.

Specialist Tips for Optimizing Your Clover POS Hardware

  1. Routinely tidy the touchscreen with lint-free cloths to make sure maximum sensitivity and prevent ghost touches.
  2. Keep the invoice printer stocked with top quality thermal paper to prevent faded prints that annoy customers and staff alike.
  3. Test card readers occasionally with various card types to capture firmware or hardware glitches before they escalate.
  4. Make use of the built-in diagnostics tools available in the Clover system to identify prospective hardware issues early.
  5. Strategically position barcode scanners for ergonomic ease-- small changes can shave seconds off every deal.

Hardware Integration: A Symphony of Precision

Each component in the Clover POS hardware ensemble plays a part similar to an instrument in an orchestra. When synced completely, the result is a tune of effectiveness and dependability. Brilliant POS leverages this viewpoint by diligently vetting each hardware piece to provide a seamless experience, turning what could be a logistical labyrinth into a structured dance.

Unpacking Software Application Characteristics and Combination

When a point of sale system promises seamless combination, it's not just lingo-- it's the foundation of operational fluency. Envision a restaurant where the order slips never ever sync with the cooking area display, or a retail outlet where inventory updates drag each sale. This fragmentation can hinder even the smoothest service, turning performance into disappointment. Businesses regularly face how to mesh their payment processing with inventory, staff member management, and client commitment modules without producing digital chaos.

Brilliant POS comprehends these elaborate demands (Brilliant POS). They don't simply offer software; they craft a digital ecosystem where each feature communicates easily. Their platform supports dynamic combination that adapts to a company's evolving needs, whether it's syncing sales data for real-time analytics or linking with accounting software application to simplify tax time

Professional Insights on Optimizing Clover POS Integration

Here are some specialist pointers to raise the integration video game:

  1. Focus on API compatibility: Not all systems speak the same language. Ensuring your Clover POS can easily plug into third-party apps is important.
  2. Utilize cloud syncing: Real-time data synchronization throughout gadgets avoids disparities and improves reporting.
  3. Take advantage of modular add-ons: Customizing your software with targeted functions prevents puffed up user interfaces and enhances user experience.
  4. Test workflows end-to-end: Running mock deals helps determine traffic jams before they impact clients.

Why Integration is More Than Simply Convenience

Think beyond convenience. Combination shapes how a company reads its own heart beat. When POS software application aggregates sales, stock, and customer trends into a single dashboard, decision-making transforms from guesswork into accuracy. Brilliant POS's method guarantees this data convergence takes place without hiccups, empowering operators to forecast requirements and individualize marketing without drowning in spreadsheets.

Function Advantage Pro Pointer
Stock Automation Minimizes stockouts and overstock Set limit notifies for popular items to set off reorder quickly
Employee Management Tracks hours and sales performance Use shift information to optimize scheduling around peak hours
Client Commitment Programs Boosts repeat service and engagement Integrate with email marketing to tailor promos efficiently

When technology flows effortlessly, the service rhythm quickens. Which's where the magic of a well-integrated Clover POS system truly shines-- turning complexity into clarity, every deal at a time.

Guarding Your Transactions: The Heartbeat of Clover POS Security

Picture a hectic café where every deal is a heartbeat-- consistent, trusted, yet susceptible to hidden risks. The real test lies not just in processing payments but in protecting delicate data from prying eyes. Clover POS shines here, understanding the detailed dance in between benefit and security. They know that merchants fear the invisible fractures where information may slip through, running the risk of reputation and trust.

File encryption is more than jargon-- it's the fortress around your sales. Clover POS uses end-to-end encryption, suggesting card information is secured the immediate it's swiped. This isn't almost compliance; it's a proactive guard. What about when updates roll out? Clover POS's system is crafted to seamlessly incorporate PCI DSS requirements, guaranteeing every upgrade tightens up the lock instead of leaving a window ajar.

Expert Tips for Taking Full Advantage Of Clover POS Security

  • Enable two-factor authentication (2FA) for all user logins, doubling the barrier against unauthorized access.
  • Frequently audit user approvals-- guarantee that staff members only gain access to features pertinent to their function.
  • Arrange software updates during off-peak hours to lessen disruptions but never ever hold-up important patches.
  • Utilize Clover's integrated scams detection tools to flag suspicious activity in real time.

Compliance Beyond the Checklist

Numerous think ticking compliance boxes suffices. However compliance is a living, breathing procedure, specifically in a world where cyber threats progress daily. Clover POS welcomes this dynamic by offering transparent reporting tools, permitting company owner to track and document compliance easily. This empowerment changes compliance from an overwhelming task into a competitive advantage.

Security Function Advantage Expert Insight
End-to-End Encryption Protects card data throughout deals Decreases threat of information breaches by encrypting information at the point of entry
Two-Factor Authentication Enhances user login security Avoids unauthorized gain access to even if passwords are compromised
PCI DSS Compliance Meets market security standards Ensures legal and functional readiness for audits

Security isn't static, and neither are the options Clover POS supplies. In an era where information breaches make headings, their dedication to evolving security practices guarantees your business can rest easy. After all, isn't assurance the ultimate currency in commerce?

Checking Out Clover POS Solutions in North Carolina

North Carolina is a dynamic state known for its diverse landscapes, from the beautiful Blue Ridge Mountains to the stunning Atlantic coastlines. With a population of over 10 million, it boasts a rich cultural heritage and a strong economy driven by innovation, finance, and agriculture. Popular activities consist of going to historical websites, taking pleasure in outdoor adventures, and experiencing a growing food and arts scene. The state's business-friendly environment makes it an attractive place for ingenious retail and service industries.

They provide important Clover POS services customized to fulfill the needs of organizations in this dynamic area. Brilliant POS. For those thinking about boosting their point-of-sale systems, Brilliant POS can provide a totally free consultation and specialist suggestions to help navigate the very best alternatives available

  1. Pos Systems: These systems optimize transactions and handle sales data. These are essential for modern retail and hospitality businesses, improving efficiency and customer service.
  2. Point Of Sale: A POS is the place where a buyer completes a transaction for goods or services, typically in a store. It's a critical component for retail activities, allowing sale processing and inventory management.
  3. Retail: Businesses depend on point-of-sale technology to manage transactions and inventory. These systems simplify operations and improve customer experiences.
  4. Transaction: The Transaction is a fundamental procedure entailing the trade of goods or offerings for remuneration. It is the core function driving retail point-of-sale environments by recording sales and managing inventory.
  5. Payment Processing: Payment Processing enables businesses to accept different payment types from customers. It's crucial for retail POS setups, helping easy payments and efficient sales management.
  6. Inventory Management: Inventory Management monitors stock quantities to improve procurement decisions and prevent shortages. It's crucial for sales systems to guarantee products are in stock when customers buy them.
  7. Sales Data: Sales data fuels retail activities by providing understanding into customer actions and product effectiveness. This information is critical for optimizing inventory, personalizing marketing, and enhancing point-of-sale efficiency.
  8. Customer Relationship Management: CRM boosts sales by arranging client data and interactions. This consolidation allows businesses to customize services and marketing depending on purchase history from their point-of-sale terminals.
  9. Reporting And Analytics: Reporting And Analytics provide key understanding of sales trends, consumer behavior, and inventory management. This data enables businesses using point-of-sale solutions to make informed decisions, streamline operations, and boost profitability.
  10. Hardware: Hardware is the foundation of retail sale processing, allowing streamlined and secure sales. Reliable tools like barcode scanners and receipt printers are essential for seamless customer experiences at the point of sale.
  11. Software: Software is the base of modern retail activities, handling transactions and stock. It streamlines the payment procedure and offers useful data information for businesses.
  12. Barcode Scanner: Barcode Scanners quickly read product codes, ensuring fast and precise sales at the checkout. They are key for productive checkout processes and inventory management in retail environments.
  13. Receipt Printer: These printers generate paper documents of sales for clients. They are important components in retail and support settings for documenting sales.
  14. Cash Drawer: The Cash Drawer is a safe receptacle for money in retail environments. It works with sales terminals to open instantly upon transaction end, facilitating cash management.
  15. Credit Card Reader: Credit Card Reader represent key devices that allow businesses to accept card payments from customers. They seamlessly merge with retail setups to ease transactions and simplify the checkout procedure.
  16. Touchscreen Monitor: Touchscreen Monitors allow natural interaction for retail and service transactions. These displays simplify checkout procedures and boost efficiency at points of sale.
  17. Payment Gateway: A Payment Gateway securely sends transaction data between a point-of-sale terminal and the payment processor. This lets businesses take different payment methods at their checkout.
  18. Cloud Based Pos: Cloud Based Pos solutions give businesses flexibility and accessibility by storing data and software on distant servers. This new method improves business effectiveness for retail and service industries by streamlining transactions and management tasks.
  19. Mobile Pos: Mobile Point of Sale (mPOS) lets businesses to take payments and conduct sales transactions anywhere with a portable device. It provides flexibility and convenience, expanding the reach of retail operations.
  20. E Commerce Integration: E-commerce integration unites online stores with in-store sales platforms, allowing for efficient operations and inventory management. This integration permits businesses to offer customers a flawless shopping experience across all channels.
  21. Restaurant Pos: Restaurant Pos handles transactions, transactions, and kitchen communication. It constitutes a key part of point-of-sale transaction management infrastructure.
  22. Retail Pos: Retail Pos is the location where a consumer wraps up a deal. It covers the hardware and software that enable companies to manage deals and control customer interactions at the time of purchase.
  23. Hospitality: Warmth boosts customer journeys, encouraging loyalty through personalized assistance. Effective transaction management tools are crucial for seamless operations in the industry.
  24. Point Of Sale System: The Point Of Sale System oversees transactions and selling data. It is a essential component for retail businesses to process payments and observe inventory.
  25. Data Security: Safeguarding confidential payment and customer information is crucial for businesses using electronic retail transaction terminals. Strong Data Security measures ensure customer trust and prevent financial losses from breaches.
  26. Payment Card Industry Data Security Standard: Payment Card Industry Data Security Standard guarantees safe management of cardholder data. It safeguards pay terminals and related configurations from breaches.
  27. Pos System: It is a vital element of retail and hospitality, supporting sales transactions and handling inventory. These Pos System streamline operations, improve customer service, and provide valuable data insights.
  28. Credit Card: Credit Cards allow patrons to make payments digitally at the point of sale. They streamline transactions and provide businesses a safe way to accept payments.
  29. Debit Card: Debit Cards enable customers to make payments directly from their bank accounts at retail checkout. They streamline transactions and provide a handy option to cash for in-store purchases.
  30. Cash Register: A Cash Register is a critical component for managing transactions in retail environments. It documents sales, figures totals, and manages cash, playing a vital role in a business's point-of-sale activities.
  31. Receipt: Proof of purchase document transactions, giving customers with a record of purchase. These records is important for sales terminals, inventory control, and accounting purposes.
  32. Reporting: Sales tracking provides valuable insights into business performance. These analytics help streamline inventory and improve customer service at the point of sale.
  33. Cloud Computing: Cloud Computing provides adaptable infrastructure for retail transaction processing. This allows businesses for them to manage sales data, inventory, and customer information efficiently via web-based platforms.
  34. E Commerce: E Commerce enhances retail sales by linking online selling with in-store activities. This integration simplifies inventory management and customer data across all sales channels, boosting the point of sale experience.
  35. Merchant Account: An Merchant Account lets companies to accept electronic payments from customers. This is critical for modern shop setups, letting seamless payments through card readers and other point-of-sale equipment.
  36. Security: Safeguarding financial exchanges and customer data is crucial for retail payment terminals. Robust Security measures establish trust and stop fraud in point-of-sale environments.
  37. Data Encryption: Data Encryption secures delicate financial deals at store checkout stations, safeguarding consumer information and stopping fraud. This process is crucial for keeping trust and complying with data security standards in point-of-sale environments.
  38. Customer Service: Outstanding Customer Service enhances the retail interaction, fostering loyalty and positive brand perception . Integrated point-of-sale technology enables businesses to provide personalized and effective support, ultimately driving customer satisfaction.
  39. Loyalty Program: Client loyalty programs integrated with point-of-sale technology increase customer retention and generate repeat business via customized rewards. They monitor purchases and engagement, allowing businesses to offer custom incentives that foster brand loyalty.
  40. Sales: Sales data powers crucial understanding for companies, guiding inventory management and customer behavior analysis. Point-of-sale technology streamlines these exchanges, enhancing efficiency and precision in tracking Sales performance.
  41. Supply Chain: Supply chain management assures the smooth flow of goods from production to the point of sale. Effective supply chains are crucial for retail transaction handling to meet customer needs and maintain inventory.
  42. Data Analytics: Data Analytics alters transaction data from retail checkout spots into practical insights. This enables companies to improve inventory, personalize customer interactions, and hone sales strategies.
  43. Loss Prevention: Loss Prevention strategies integrated with point-of-sale technology help retailers minimize theft and errors. Such integrated systems provide tools for tracking transactions and identifying suspicious activity, protecting revenue.
  44. Pricing: Pricing strategies are key for increasing profitability in retail locations. Electronic point-of-sale arrangements optimize price management, discounts, and promotions, ensuring accurate transactions and inventory control.
  45. Marketing: Marketing drives customer engagement and brand recognition, which is essential for boosting sales through point-of-sale technology. It helps businesses attract and retain customers, ultimately maximizing the capacity of their transaction platforms.
  46. Mobile Point Of Sale: Mobile Point Of Sale lets businesses to handle transactions and accept payments from anywhere using portable devices. It's an increasingly vital component of today's retail and service sector checkout solutions.
  47. Retail Technology: Retail Technology enhances customer interactions and streamlines processes. These developments change checkout processes and stock management for companies.
  48. Self Checkout: Self Checkout kiosks enable customers to scan and pay for items independently, streamlining the retail experience. This technology integrates with retail transaction processing systems, boosting efficiency and reducing wait times.
  49. Enterprise Resource Planning: Enterprise Resource Planning integrates core business procedures, streamlining operations and data management. It improves retail checkout systems by providing real-time inventory, customer, and sales data for informed decision-making.
  50. Accounting: Accounting tracks financial data, offering insights into company performance. This is critical for store businesses utilizing point-of-sale technology to handle transactions and inventory.
  51. Transaction Processing: Transaction Processing ensures that sales and payments are accurately logged and handled. It's essential for retail checkout system to handle buys, returns, and other financial interactions.
  52. Accounting Software: Accounting Software works with retail sales platforms to streamline financial data. This integration automates bookkeeping tasks related to sales and inventory.
  53. Payment Terminal: Payment terminals facilitate electronic billing transaction at the checkout. They are key for companies to accept multiple billing methods and finish transactions.
  54. Magnetic Stripe Reader: Magnetic Stripe Reader interpret information from credit and debit cards for transaction processing. They are commonly used at checkout lines to expedite payments.
  55. Emv Chip: EMV chips enhance payment protection by encrypting transaction data. These are crucial for modern retail checkout systems, reducing fraud.
  56. Near Field Communication: Near Field Communication (NFC) enables contactless transactions by letting customers to simply tap their cards or devices at compatible checkout systems. This technology streamlines transactions and enhances the customer journey at the point of sale.
  57. Restaurant: Eateries utilize computerized checkout technology to make easier order taking, payment handling, and inventory management. These systems help improve efficiency and accuracy in Restaurant operations.
  58. Transaction Log: Transaction log files record every action in a retail business's sales system, assuring data integrity. They allow for auditing, restoration after failures, and monitoring sales trends.
  59. Transaction Fee: Transaction Fees represent charges levied on businesses for processing payments, affecting profitability. Such costs are vital to consider when assessing payment solutions for processing payments for retail point-of-sale setups.
  60. Transaction Authorization: Transaction Authorization validates enough funds or credit for buys at point-of-sale terminals. It secures payment security and prevents fraudulent transactions throughout retail sales.
  61. Transaction Settlement: Transaction settlement completes payments from customers to a business. It's essential for sellers using electronic sales systems to balance everyday transactions and get funds.
  62. Credit Card Processing: Credit Card Processing lets businesses to receive card payments from customers. It is vital for modern retail checkout systems, streamlining transactions and boosting customer convenience.
  63. Debit Card Processing: Debit Card Processing allows companies to accept payments straight from clients' checking accounts. This feature is essential for today's store checkout systems enabling for easy transactions.
  64. Emv Chip Card: EMV chip cards improve payment security by using a microchip to encode transaction data. They are crucial for modern retail checkout systems, decreasing fraud and improving data protection.
  65. Contactless Payment: Contactless Payment enable consumers to quickly and securely make payments by waving their card or mobile. This technology streamlines purchases at the point of sale, improving the shopping experience.
  66. Mobile Payment: Mobile Payment permits customers to make transactions with smartphones or other devices. This technology streamlines checkout at points of purchase, improving speed and convenience.
  67. Online Payment: Online Payment processing allows businesses to accept digital transactions. This integration is essential for contemporary retail checkout systems, simplifying sales and improving customer experience.
  68. Fraud Detection: Fraud Detection analyzes transaction data to detect and stop dishonest activities at point of sale. This protects businesses and customers from financial losses and keeps trust in payment processing.
  69. Pci Dss Compliance: Pci Dss Compliance certifies safe management of cardholder information for companies using point-of-sale systems. Following these standards protects customer information and prevents data breaches during transactions.
  70. Chargeback: Chargebacks happen when clients dispute a payment, obligating merchants to reimburse the payment if the dispute is valid. These disputes impact companies that use point-of-sale technology by potentially decreasing revenue and accruing fees.
  71. Payment Processor: Payment processors are vital for firms as they securely manage payments between customers and sellers. They approve and move money during purchases at the time of sale.
  72. Interchange Fee: Interchange Fees are costs imposed by banks for handling electronic transactions. These fees impact the price merchants pay when customers use cards at point-of-sale terminals.
  73. Payment Security: Payment security is vital for protecting customer information and preventing fraud throughout transactions. Safe payment processing is vital for businesses using point-of-sale technology to keep trust and avoid financial losses.
  74. Tokenization: Tokenization substitutes sensitive data with non-sensitive replacements, safeguarding customer data. This process is vital for protecting credit card information within point of sale point of sale systems.
  75. Encryption: Encoding protects vulnerable payment data throughout exchanges at retail checkout systems. It ensures the safety of monetary information, shielding customers and businesses from fraud.
  76. Card Reader: Card Readers are vital devices that allow businesses to accept digital payments from customers. They have a vital role in store environments and POS setups, simplifying transactions.
  77. Merchant Services: Merchant Services enable businesses to accept different payment options. They are vital for contemporary retail configurations, ensuring smooth transactions at the point of sale.
  78. Ach Transfer: ACH transfers enable businesses to directly debit customer accounts for purchases. This payment method provides a secure and efficient option to credit cards within retail payment solutions.
  79. Payment Solutions: Payment Solutions remain vital for businesses to effectively handle payments. They are key components in retail checkout systems, enabling smooth and secure transaction acceptance.
  80. Point Of Sale Systems: These solutions simplify transactions and handle sales data. They are vital components of retail and hospitality operations, boosting efficiency and customer experience at the Point Of Sale Systems checkout.
  81. Stock Control: Stock Control helps ensure businesses maintain the best inventory amounts, preventing stockouts and excess inventory. It works with retail point-of-sale systems to automatically update inventory with each transaction, providing real-time visibility and data for informed decisions.
  82. Supply Chain Management: Supply Chain Management ensures the effective flow of goods from suppliers to stores. It optimizes inventory and distribution for POS operations, enhancing customer experiences.
  83. Demand Forecasting: Demand Forecasting projects future customer demands, allowing retail stores to improve inventory and staffing. This assures smooth transaction processing at the point of sale and boosts customer satisfaction.
  84. Economic Order Quantity: Economic Order Quantity optimizes inventory purchasing to minimize expenses. When combined with point-of-sale sales oversight tools, it ensures items are in stock while lowering storage costs.
  85. Just In Time Inventory: Just In Time Inventory decreases storage costs by receiving goods only when needed. This efficient strategy improves stock quantities followed by retail sales systems.
  86. Warehouse Management: Warehouse management assures effective storage and flow of goods. It is crucial for retail point of sale systems to accurately track stock and fulfill customer orders.
  87. Inventory Optimization: Inventory Optimization makes certain companies possess the correct products in inventory, reducing waste and increasing sales. This is crucial for retailing environments, improving effectiveness and customer satisfaction.
  88. Retail Management: Retail Management oversees all aspects of store operations, guaranteeing efficient procedures and customer fulfillment. This includes controlling the electronic point of sale, improving inventory, and training staff to provide effortless transactions.
  89. Inventory Turnover: Inventory Turnover measures how effectively a business uses its stock, influencing profitability. Retail point-of-sale technology assists optimize inventory management by monitoring sales and stock levels in real time.
  90. Perpetual Inventory: Perpetual Inventory constantly tracks stock levels, supplying up-to-the-minute data on available items. This enables businesses utilizing electronic point-of-sale solutions to make informed decisions about inventory management and prevent out of stock situations or overstocking.
  91. Periodic Inventory: Periodic Inventory entails manually counting stock at certain intervals to update inventory records. This approach assists retail businesses align physical stock with recorded data, assisting in loss prevention and informing restocking decisions for sales settings.
  92. Inventory Valuation: Inventory Valuation determines the cost of goods on hand, affecting earnings and tax obligations. Precise assessment is vital for retail point-of-sale setups to monitor stock levels and improve buying choices.
  93. Inventory Auditing: Inventory Auditing involves checking actual stock against documented data to find discrepancies and ensure accuracy. This procedure is key for businesses using retail point-of-sale setups, as it helps maintain precise inventory amounts and prevent losses.
  94. Barcodes: Barcodes speed up checkout procedures by enabling fast and precise product recognition. This tech is vital for today's retail businesses to control stock and sales effectively at the time of sale.
  95. Weighted Average Cost: Weighted Average Cost calculates inventory worth based on the average cost of goods, essential for precise financial reporting. Retail point-of-sale setups benefit from this method by keeping precise stock valuation and profitability monitoring.
  96. Inventory Shrinkage: Inventory Shrinkage, covering loss from stealing, harm, and mistakes, directly impacts profitability for companies. POS setups play a crucial role in monitoring inventory and detecting discrepancies that lead to shrinkage.
  97. Reorder Point: Reorder point assists companies avoid stockouts by prompting replenishment when inventory levels drop to a set level. This guarantees seamless sales operations at the transaction point and customer satisfaction.
  98. Safety Stock: Safety Stock is extra inventory kept to protect against variations in demand and supply. This ensures retail operations can fulfill customer orders even when unexpected fluctuations happen at the point of sale.
  99. Lead Time: Lead Time is the delay between order placement and when the products are ready for purchase. Shorter lead times can boost stock control and customer satisfaction at the point of sale.
  100. Abc Analysis: Abc Analysis categorizes inventory to prioritize resources based on worth, identifying high-impact items for focused management. This is critical for retail checkout solutions to improve stock levels and ensure availability of key products.
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CharlotteCharlotte is the biggest city in North Carolina and a important financial hub in the southeastern United States. It is known for its lively urban culture, pro sports teams, and developing economy.https://en.wikipedia.org/wiki/Charlotte,_North_Carolina
RaleighRaleigh is the main city of North Carolina, known for its thriving tech industry and rich history. It is part of the Research Triangle, a key hub for academics, healthcare, and innovation.https://en.wikipedia.org/wiki/Raleigh,_North_Carolina
GreensboroGreensboro is a vibrant city in North Carolina known for its extensive history and artistic attractions. It serves as a important hub for education, business, and transportation in the Piedmont Triad region.https://en.wikipedia.org/wiki/Greensboro,_North_Carolina
DurhamDurham is a dynamic city in North Carolina known for its extensive history, varied culture, and robust academic presence, including Duke University. It is a center for technology, healthcare, and research, greatly supporting the region's economy.https://en.wikipedia.org/wiki/Durham,_North_Carolina
Winston-SalemWinston-Salem is a town in North Carolina known for its extensive history in the tobacco industry and thriving arts scene. It serves as a artistic and economic hub in the Piedmont Triad region.https://en.wikipedia.org/wiki/Winston-Salem,_North_Carolina
FayettevilleFayetteville is a town in North Carolina known for its rich military history and proximity to Fort Bragg, one of the biggest military installations in the world. It features a vibrant downtown area with cultural attractions, parks, and historic sites.https://en.wikipedia.org/wiki/Fayetteville,_North_Carolina
CaryCary is a flourishing town in North Carolina known for its excellent living standards and vibrant community spirit. It features a mix of residential and city amenities, with excellent schools, parks, and a expanding technology sector.https://en.wikipedia.org/wiki/Cary,_North_Carolina
WilmingtonWilmington is a historic port city positioned in southeastern North Carolina, noted for its charming riverfront and lively cultural scene. It presents a combination of gorgeous beaches, historic architecture, and a expanding film industry.https://en.wikipedia.org/wiki/Wilmington,_North_Carolina
High PointHigh Point is a city in North Carolina renowned for its notable furniture manufacturing sector and yearly High Point Market, the biggest home furnishings trade show in the world. It is a part of the Piedmont Triad metropolitan area and offers a blend of cultural attractions and historic sites.https://en.wikipedia.org/wiki/High_Point,_North_Carolina
ConcordConcord is a city in North Carolina known for its rich history and vibrant community. It is home to the Charlotte Motor Speedway and offers a combination of heritage attractions and open-air activities.https://en.wikipedia.org/wiki/Concord,_North_Carolina
AshevilleAsheville is a dynamic city in North Carolina known for its historic architecture and thriving arts scene. Nestled in the Blue Ridge Mountains, it offers spectacular natural beauty and a diverse cultural experience.https://en.wikipedia.org/wiki/Asheville,_North_Carolina
GreenvilleGreenville is a lively city in North Carolina known for its extensive history and cultural variety. It serves as a regional hub for education, healthcare, and commerce, featuring East Carolina University and a expanding downtown area.https://en.wikipedia.org/wiki/Greenville,_North_Carolina
JacksonvilleJacksonville is a town located in Onslow County, North Carolina, known for its close proximity to Marine Corps Base Camp Lejeune. It features a blend of military influence and Southern charm, adding to its special community atmosphere.https://en.wikipedia.org/wiki/Jacksonville,_North_Carolina
HuntersvilleHuntersville is a quiet town in North Carolina known for its community-oriented community and proximity to Lake Norman. It offers a mix of up-to-date amenities, parks, and a heritage downtown area.https://en.wikipedia.org/wiki/Huntersville,_North_Carolina
ApexApex is a thriving town located in Wake County, North Carolina, known for its historic downtown and robust community spirit. It offers a blend of suburban living with access to parks, schools, and local events.https://en.wikipedia.org/wiki/Apex,_North_Carolina
BurlingtonBurlington is a city in North Carolina known for its extensive history and lively community. It serves as a key center for business, arts, and learning in the Piedmont Triad area.https://en.wikipedia.org/wiki/Burlington,_North_Carolina
GastoniaGastonia is a municipality in North Carolina renowned for its deep history in the textile industry. It boasts a combination of urban and suburban areas with parks, arts and culture, and a expanding economy.https://en.wikipedia.org/wiki/Gastonia,_North_Carolina
Chapel HillChapel Hill is a dynamic town in North Carolina known for its prestigious University of North Carolina at Chapel Hill. It offers a thriving cultural scene, historic landmarks, and a tight-knit sense of community.https://en.wikipedia.org/wiki/Chapel_Hill,_North_Carolina
Rocky MountRocky Mount is a municipality in North Carolina famous for its deep history and vibrant arts scene. It serves as a regional hub for trade and arts in the coastal plains region.https://en.wikipedia.org/wiki/Rocky_Mount,_North_Carolina
KannapolisKannapolis is a municipality in North Carolina known for its extensive history in fabric production. It has become a lively community with a focus on education, healthcare, and biotechnology.https://en.wikipedia.org/wiki/Kannapolis,_North_Carolina
Wake ForestWake Forest is a delightful town in North Carolina known for its historic downtown and lively community. It offers a combination of small-town appeal and up-to-date amenities, making it a favored place to live and visit.https://en.wikipedia.org/wiki/Wake_Forest,_North_Carolina
HickoryHickory is a community in North Carolina known for its deep history in furniture manufacturing and vibrant cultural scene. It boasts a mix of historic architecture and contemporary amenities, making it a delightful place to live and explore.https://en.wikipedia.org/wiki/Hickory,_North_Carolina
GoldsboroGoldsboro is a city in Wayne County, North Carolina, known for its rich history and vibrant community. It serves as a local center with cultural sites, learning centers, and military significance due to its proximity to Seymour Johnson Air Force Base.https://en.wikipedia.org/wiki/Goldsboro,_North_Carolina
SalisburySalisbury is a historic city in North Carolina known for its well-maintained downtown area and rich cultural heritage. It serves as the county seat of Rowan County and provides a combination of charming small-town atmosphere and modern conveniences.https://en.wikipedia.org/wiki/Salisbury,_North_Carolina
Indian TrailIndian Trail is a rapidly growing area in North Carolina known for its family-oriented atmosphere and close-knit community spirit. It offers a combination of suburban living with convenient access to Charlotte's city amenities.https://en.wikipedia.org/wiki/Indian_Trail,_North_Carolina
MonroeMonroe is a town in Union County, North Carolina, known for its historic downtown and vibrant community events. It serves as a center for commerce and culture in the surrounding area.https://en.wikipedia.org/wiki/Monroe,_North_Carolina
New BernNew Bern is a historic city in North Carolina known for its captivating waterfront and rich colonial heritage. It serves as the county seat of Craven County and offers a mix of cultural attractions and natural beauty.https://en.wikipedia.org/wiki/New_Bern,_North_Carolina
MooresvilleMooresville is a vibrant town in North Carolina known for its rich motorsports heritage and proximity to Lake Norman. It offers a blend of small-town charm and contemporary facilities, attracting residents and visitors alike.https://en.wikipedia.org/wiki/Mooresville,_North_Carolina
GarnerGarner is a community located in Wake County, North Carolina, known for its welcoming atmosphere and expanding community. It offers a combination of suburban living with close proximity to the nearby city of Raleigh.https://en.wikipedia.org/wiki/Garner,_North_Carolina
SanfordSanford is a city located in Lee County, North Carolina, known for its historic downtown and lively community. It serves as a area hub for trade, academics, and healthcare in the middle part of the state.https://en.wikipedia.org/wiki/Sanford,_North_Carolina
Biltmore EstateThe Biltmore Estate in North Carolina is a notable mansion built by George Washington Vanderbilt II, featuring two hundred fifty rooms and stunning architecture. It is surrounded by lovely gardens and offers visitors a view into the Gilded Age lifestyle.https://en.wikipedia.org/wiki/Biltmore_Estate
Great Smoky Mountains National ParkThe Great Smoky Mountains National Park is famous for its varied plant and animal life, old mountains, and foggy landscapes. It offers many hiking trails, historic buildings, and scenic vistas along the border of North Carolina and Tennessee.https://en.wikipedia.org/wiki/Great_Smoky_Mountains_National_Park
Outer BanksThe Outer Banks is a chain of barrier islands off the coast of North Carolina known for its stunning beaches, deep history, and distinctive wildlife. It offers well-liked activities such as fishing, water sports, and exploring historic sites like the Wright Brothers National Memorial.https://en.wikipedia.org/wiki/Outer_Banks
Wright Brothers National MemorialWright Brothers National Memorial in North Carolina honors the first pioneering powered flights by Orville and Wilbur Wright in 1903. The site includes a visitor center, reproduction of the original Flyer, and exhibits detailing the history of aviation.https://en.wikipedia.org/wiki/Wright_Brothers_National_Memorial
Battleship North CarolinaThe Battleship North Carolina is a historic World War II battleship permanently docked in Wilmington, North Carolina. It serves as a museum, giving visitors a chance to explore its decks and study naval history.https://en.wikipedia.org/wiki/USS_North_Carolina_(BB-55)
Chimney Rock State ParkChimney Rock State Park in North Carolina offers a impressive 315-foot granite monolith offering panoramic views of the adjacent Blue Ridge Mountains. The park also includes hiking trails, waterfalls, and diverse wildlife, attracting outdoor enthusiasts.https://en.wikipedia.org/wiki/Chimney_Rock_State_Park
Grandfather MountainGrandfather Mountain in North Carolina is a rough peak known for its beautiful hiking trails, varied wildlife, and the Mile High Swinging Bridge. It offers stunning panoramic views and is a popular destination for outdoor enthusiasts and nature lovers.https://en.wikipedia.org/wiki/Grandfather_Mountain
Cape Hatteras National SeashoreCape Hatteras National Seashore in North Carolina offers pristine beaches, varied wildlife, and historic lighthouses. It is a well-known destination for fishing, surfing, and enjoying natural coastal beauty.https://en.wikipedia.org/wiki/Cape_Hatteras_National_Seashore
North Carolina Museum of Natural SciencesThe North Carolina Museum of Natural Sciences is a renowned institution showcasing wide-ranging exhibits on the natural world, including hands-on displays and live animals. It offers educational programs and interactive experiences that emphasize the biodiversity and science of the region.https://en.wikipedia.org/wiki/North_Carolina_Museum_of_Natural_Sciences
North Carolina ZooThe North Carolina Zoo is among the most extensive natural habitat zoos in the world, showcasing over 1,600 animals from more than 250 species. It provides large exhibits that mimic African and North American environments, providing a unique and immersive wildlife experience.https://en.wikipedia.org/wiki/North_Carolina_Zoo
International Civil Rights Center & MuseumThe International Civil Rights Center & Museum in North Carolina celebrates the 1960 Greensboro sit-ins, a significant event in the Civil Rights Movement. It features exhibits and educational programs that highlight the struggle for racial equality and social justice.https://en.wikipedia.org/wiki/International_Civil_Rights_Center_%26_Museum
Fort Raleigh National Historic SiteFort Raleigh National Historic Site protects the location of the initial English settlement in America, known as the Lost Colony. It provides visitors a look into early-stage colonial history through open-air exhibits and living history programs.https://en.wikipedia.org/wiki/Fort_Raleigh_National_Historic_Site
Jockey's Ridge State ParkJockey's Ridge State Park boasts the tallest natural sand dune system in the Eastern United States, providing spectacular views of the nearby landscape. Visitors can take part in activities such as hiking, hang gliding, and kite flying in this unique coastal environment.https://en.wikipedia.org/wiki/Jockey%27s_Ridge_State_Park
Tryon PalaceTryon Palace is a historic site in New Bern, North Carolina, featuring the restored 18th-century governor's mansion and lovely gardens. It offers a insight into colonial life with museum exhibits, guided tours, and special events.https://en.wikipedia.org/wiki/Tryon_Palace
Uwharrie National ForestUwharrie National Forest in North Carolina offers a variety of outdoor activities including hiking, camping, and off-road vehicle trails. It features scenic landscapes with ancient mountains, dense forests, and sparkling lakes, perfect for nature enthusiasts.https://en.wikipedia.org/wiki/Uwharrie_National_Forest
Mount Mitchell State ParkMount Mitchell State Park in North Carolina offers the tallest peak east of the Mississippi River, offering breathtaking panoramic views and numerous hiking trails. The park is well-known for its special flora and fauna, turning it into a well-liked destination for nature enthusiasts and outdoor explorers.https://en.wikipedia.org/wiki/Mount_Mitchell_State_Park
Merchants Millpond State ParkMerchants Millpond State Park in North Carolina features a serene millpond encircled by cypress swamps and rich wildlife, offering opportunities for kayaking, fishing, and hiking. The park preserves historic structures and offers a calm natural retreat for outdoor enthusiasts.https://en.wikipedia.org/wiki/Merchants_Millpond_State_Park
Old Salem Museums & GardensOld Salem Museums & Gardens in North Carolina provides a peek into the deep history and culture of the Moravian settlers through preserved buildings, gardens, and interactive exhibits. Visitors can experience 18th and 19th-century architecture, traditional crafts, and well-kept gardens.https://en.wikipedia.org/wiki/Old_Salem
Linville Gorge WildernessLinville Gorge Wilderness in North Carolina is a rough and picturesque area known for its deep canyon and varied wildlife. It offers tough hiking trails, stunning overlooks, and opportunities for rock climbing and fishing.https://en.wikipedia.org/wiki/Linville_Gorge
Blue Ridge ParkwayThe Blue Ridge Parkway is a beautiful highway that twists through the Appalachian Mountains, offering breathtaking views of the unspoiled landscape. It is well-known for its beautiful overlooks, hiking trails, and vibrant fall foliage, making it a popular destination for outdoor enthusiasts.https://en.wikipedia.org/wiki/Blue_Ridge_Parkway
Graveyard FieldsGraveyard Fields is a picturesque area in North Carolina's Blue Ridge Mountains known for its breathtaking waterfalls and vibrant wildflower meadows. It offers favorite hiking trails with amazing views and varied natural beauty.https://en.wikipedia.org/wiki/Graveyard_Fields
Sliding RockSliding Rock is a authentic waterfall in Pisgah National Forest, North Carolina, where visitors can descend down a polished, 60-foot-long rock into a refreshing mountain pool. It offers a unique and exciting outdoor experience favored with families and adventure seekers.https://en.wikipedia.org/wiki/Sliding_Rock
Looking Glass FallsLooking Glass Falls is a beautiful 60-foot waterfall located in the Pisgah National Forest of North Carolina. Easily accessible and surrounded by verdant foliage, it is a popular spot for visitors looking for natural beauty and photo opportunities.https://en.wikipedia.org/wiki/Looking_Glass_Falls
Lake LureLake Lure is a beautiful reservoir located in the foothills of the Blue Ridge Mountains in North Carolina, known for its breathtaking views and recreational activities. It features opportunities for boating, fishing, and hiking, drawing visitors seeking natural beauty and outdoor adventure.https://en.wikipedia.org/wiki/Lake_Lure,_North_Carolina
Tweetsie RailroadTweetsie Railroad is a Old West-themed amusement park in North Carolina featuring a heritage steam locomotive ride through beautiful mountain terrain. It offers family-friendly attractions, live entertainment, and special events celebrating the region's railroad heritage.https://en.wikipedia.org/wiki/Tweetsie_Railroad
Emerald IsleEmerald Isle is a charming coastal town in North Carolina known for its spotless beaches and family-friendly atmosphere. It offers great opportunities for fishing, boating, and relaxing by the Atlantic Ocean.https://en.wikipedia.org/wiki/Emerald_Isle,_North_Carolina
High Point Furniture MarketHigh Point Furniture Market in North Carolina is the most extensive home furnishings industry trade show in the world, drawing buyers and exhibitors from around the globe. It features a extensive array of furniture styles and designs, serving as a important hub for industry networking and innovation.https://en.wikipedia.org/wiki/High_Point_Market
NASCAR Hall of FameThe NASCAR Hall of Fame in North Carolina celebrates the legacy and heritage of NASCAR, featuring famous drivers, iconic cars, and noteworthy moments. It provides interactive exhibits and memorabilia, making it essential for racing fans.https://en.wikipedia.org/wiki/NASCAR_Hall_of_Fame
Discovery Place ScienceDiscovery Place Science in North Carolina is a interactive science museum featuring participatory exhibits, an aquarium, and live demonstrations. It offers learning experiences for all ages focused on technology, life science, and physics.https://en.wikipedia.org/wiki/Discovery_Place
Morehead Planetarium and Science CenterMorehead Planetarium and Science Center in North Carolina offers interactive displays and immersive astronomy presentations that encourage curiosity about the universe. It acts as a focal point for science education and public engagement, showcasing state-of-the-art technology and research programs.https://en.wikipedia.org/wiki/Morehead_Planetarium_and_Science_Center

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Aaron, is absolutely amazing and does a wonderful job with answering all of our questions! We have the POS System and the Clover Flex that he has helped us get. It has done amazing things for our business and has helped us to thrive even … More

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Jason Bell is SUPERMAN!! He explained everything I needed to know to make an informed decision to purchase The Clover. His expertise, availabilty, and friendliness helped me feel at ease in setting up my small self-wellness business point … More

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We are most pleased with the relationship we’ve had in working with Brilliant POS and their rep Kiana. They worked closely and diligently to help migrate data from a 10 yr old POS system to our current platform. Many bumps along the road … More

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Point of sale

From Wikipedia, the free encyclopedia
This article is about checkout technology. For managed care, see point of service plan.
Points of sale at a Target retail store
Marketing
Management
Key concepts
Account-based marketing · Activation · Annoyance factor · Attribution · Distribution · Brand licensing · Brand management · Cannibalization · Co-creation · Communications · Consumer behaviour · Consumer culture · Digital marketing · Dominance · Effectiveness · Ethics · Horizontal integration · Influencer marketing · Mix · Pricing · Product marketing · Promotion · Retail · Segmentation · Service · Social marketing · Strategy · Vertical integration
Promotional content
Advertising · Ambush marketing · Branding · Corporate anniversary · Direct marketing · Franchising · Gender in advertising · Label · Loyalty marketing · Mobile marketing · On-hold messaging · Personal selling · Premiums · Prizes · Product placement · Propaganda · Publicity · Sales promotion · Sex in advertising · Underwriting spot
Promotional media
Behavioral targeting · Brand ambassador · Counter display unit · Display advertising · Display stand · Drip marketing · Endcap · Gondola · In-game advertising · Mobile advertising · Native advertising · New media · Online advertising · Out-of-home advertising · Point of sale · Product demonstration · Promotional merchandise (merchandising) · Promotional representative · Visual merchandising · Web banner · Word-of-mouth
Research
Market research · Marketing research · Mystery shopping · Consumer research

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 to make payment. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt, as proof of transaction, which is usually printed but can also be dispensed with or sent electronically.[1][2][3]

To calculate the amount owed by a customer, the merchant may use various devices such as weighing scales, barcode scanners, and cash registers (or the more advanced "POS cash registers", which are sometimes also called "POS systems"[4][5]). To make a payment, payment terminals, touch screens, and other hardware and software options are available.

The point of sale is often referred to as the point of service because it is not just a point of sale but also a point of return or customer order. POS terminal software may also include features for additional functionality, such as inventory management, CRM, financials, or warehousing.

Businesses are increasingly adopting POS systems, and one of the most obvious and compelling reasons is that a POS system eliminates the need for price tags. Selling prices are linked to the product code of an item when adding stock, so the cashier merely scans this code to process a sale. If there is a price change, this can also be easily done through the inventory window. Other advantages include the ability to implement various types of discounts, a loyalty scheme for customers, and more efficient stock control. These features are typical of almost all modern ePOS systems.

Terminology

[edit]
The counter of a café at the new Centrum department store in Tampere, Finland in 1961

Retailers and marketers will often refer to the area around the checkout instead as the point of purchase (POP) when they are discussing it from the customer's perspective. This is particularly the case when planning and designing the area as well as when considering a marketing strategy and offers.

Some point of sale vendors refer to their POS system as "retail management system" which is a more appropriate term, since this software is not just for processing sales but comes with many other capabilities, such as inventory management, membership systems, supplier records, bookkeeping, issuing of purchase orders, quotations and stock transfers, hide barcode label creation, sale reporting and in some cases remote outlet networking or linkage, to name some major ones.

Nevertheless, it is the term POS system rather than retail management system that is in vogue among both end-users and vendors.

The basic, fundamental definition of a POS System is a system which allows the processing and recording of transactions between a company and its consumers, at the time in which goods and/or services are purchased.

History

[edit]

Software before the 1990s

[edit]
McDonald's POS device by Brobeck

Early electronic cash registers (ECR) were controlled with proprietary software and were limited in function and communication capability. In August 1973, IBM released the IBM 3650 and 3660 store systems that were, in essence, a mainframe computer used as a store controller that could control up to 128 IBM 3653/3663 point of sale registers. This system was the first commercial use of client-server technology, peer-to-peer communications, local area network (LAN) simultaneous backup, and remote initialization. By mid-1974, it was installed in Pathmark stores in New Jersey and Dillard's department stores.

One of the first microprocessor-controlled cash register systems was built by William Brobeck and Associates in 1974, for McDonald's Restaurants.[6] It used the Intel 8008, an early microprocessor (forerunner to the Intel 8088 processor used in the original IBM Personal Computer). Each station in the restaurant had its own device which displayed the entire order for a customer — for example, [2] Vanilla Shake, [1] Large Fries, [3] Big Mac — using numeric keys and a button for every menu item. By pressing the [Grill] button, a second or third order could be worked on while the first transaction was in progress. When the customer was ready to pay, the [Total] button would calculate the bill, including sales tax for almost any jurisdiction in the United States. This made it accurate for McDonald's and very convenient for the servers and provided the restaurant owner with a check on the amount that should be in the cash drawers. Up to eight devices were connected to one of two interconnected computers so that printed reports, prices, and taxes could be handled from any desired device by putting it into Manager Mode. In addition to the error-correcting memory, accuracy was enhanced by having three copies of all important data with many numbers stored only as multiples of 3. Should one computer fail, the other could handle the entire store.

In 1986, Gene Mosher introduced the first graphical point of sale software

In 1986, Gene Mosher introduced the first graphical point of sale software[7] featuring a touchscreen interface under the ViewTouch[8] trademark on the 16-bit Atari 520ST color computer.[9] It featured a color touchscreen widget-driven interface that allowed configuration of widgets representing menu items without low level programming.[10] The ViewTouch point of sale software was first demonstrated in public at Fall Comdex, 1986,[11] in Las Vegas, Nevada, to large crowds visiting the Atari Computer booth. This was the first commercially available POS system with a widget-driven color graphic touch screen interface and was installed in several restaurants in the US and Canada.

In 1986, IBM introduced its 468x series of POS equipment based on Digital Research's Concurrent DOS 286 and FlexOS 1.xx, a modular real-time multi-tasking multi-user operating system.

Modern software (post-1990s)

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A wide range of POS applications have been developed on platforms such as Windows and Unix. The availability of local processing power, local data storage, networking, and graphical user interface made it possible to develop flexible and highly functional POS systems. Cost of such systems has also declined, as all the components can now be purchased off-the-shelf.

In 1993, IBM adopted FlexOS 2.32 as the basis of their IBM 4690 OS in their 469x series of POS terminals. This was developed up to 2014 when it was sold to Toshiba, who continued to support it up to at least 2017.

With increased options for commodity hardware and a more competitive market, the 1990s saw increased attention paid to the user interaction between store employees and POS systems. Touchscreens and larger displays became widely available in the 1990s, offering an alternative to limited displays like two-line VFDs used in the IBM 4683. The performance of the employees using the POS devices, a controllable cost for the business, depends upon the ease of learning, ease of use, and level of employee experience with it. Although experienced employees work more quickly with mechanically keyed entry,[12] some systems favoured adopting GUI technology for ease of learning or for ergonomic factors.[13]

The key requirements that must be met by modern POS systems include high and consistent operating speed, reliability, ease of use, remote supportability, low cost, and rich functionality. Retailers can reasonably expect to acquire such systems (including hardware) for about $4000 US (as of 2009) per checkout lane.

Reliability depends not wholly on the developer but at times on the compatibility between a database and an OS version. For example, the widely used Microsoft Access database system had a compatibility issue when Windows XP machines were updated to a newer version of Windows. Microsoft offered no immediate solution. Some businesses were severely disrupted in the process, and many downgraded back to Windows XP for a quick resolution. Other companies utilized community support, for a registry tweak solution has been found for this.[14][unreliable source]

POS systems are one of the most complex software systems available because of the features that are required by different end users. Many POS systems are software suites that include sale, inventory, stock counting, vendor ordering, customer loyalty and reporting modules. Sometimes purchase ordering, stock transferring, quotation issuing, barcode creating, bookkeeping or even accounting capabilities are included. Each of these modules is interlinked if they are to serve their practical purpose and maximize their usability.

For instance, the sale window is immediately updated on a new member entry through the membership window because of this interlinking. Similarly, when a sale transaction is made, any purchase by a member is on record for the membership window to report providing information like payment type, goods purchased, date of purchase and points accumulated. Comprehensive analysis performed by a POS machine may need to process several qualities about a single product, like selling price, balance, average cost, quantity sold, description and department. Highly complex programming is involved (and possibly considerable computer resources) to generate such extensive analyses.

POS systems are designed not only to serve the retail, wholesale and hospitality industries as historically is the case. Currently POS systems are also used in goods and property leasing businesses, equipment repair shops, healthcare management, ticketing offices such as cinemas and sports facilities and many other operations where capabilities such as the following are required: processing monetary transactions, allocation and scheduling of facilities, keeping record and scheduling services rendered to customers, tracking of goods and processes (repair or manufacture), invoicing and tracking of debts and outstanding payments.

Different customers have different expectations within each trade. The reporting functionality alone is subject to so many demands, especially from those in the retail/wholesale industry. To cite special requirements, some business's goods may include perishables and hence the inventory system must be capable of prompting the admin and cashier on expiring or expired products. Some retail businesses require the system to store credit for their customers, credit which can be used subsequently to pay for goods. A few companies expect the POS system to behave like a full-fledged inventory management system, including the ability to provide FIFO (First In First Out) and LIFO (Last In First Out), reports of their goods for accounting and tax purposes.

In the hospitality industry, POS system capabilities can also diverge significantly. For instance, a restaurant is typically concerned about how the sale window functions: whether it has functionality such as creating item buttons, various discounts, adding a service charge, holding of receipts, queuing, table service as well as takeaways, merging and splitting of a receipt. These capabilities may be insufficient for a spa or slimming center which would require, in addition, a scheduling window with historical records of customers' attendance and their special requirements.

A POS system can be made to serve different purposes to different end users depending on their business processes. Often an off-the-shelf POS system is inadequate for customers. Some customization is required, and this is why a POS system can become very complex. The complexity of a mature POS system extends to remote networking or interlinking between remote outlets and the HQ such that updating both ways is possible. Some POS systems offer the linking of web-based orders to their sale window. Even when local networking is only required (as in the case of a high-traffic supermarket), there is the ever-present challenge for the developer to keep most if not all of their POS stations running. This puts high demand not just on software coding but also designing the whole system covering how individual stations and the network work together, and special consideration for the performance capability and usage of databases. Due to such complexity, bugs and errors encountered in POS systems are frequent.[15]

With regard to databases, POS systems are very demanding on their performance because of numerous submissions and retrievals of data - required for correct sequencing the receipt number, checking various discounts, membership, calculating subtotal, so forth - just to process a single sale transaction. The immediacy required of the system on the sale window such as may be observed at a checkout counter in a supermarket cannot be compromised. This places much stress on individual enterprise databases if there are just several tens of thousands of sale records in the database. Enterprise database Microsoft SQL Server, for example, has been known to freeze up (including the OS) entirely for many minutes under such conditions showing a "Timeout Expired" error message. Even a lighter database like Microsoft Access will slow to a crawl over time if the problem of database bloating is not foreseen and managed by the system automatically. Therefore, the need to do extensive testing, debugging and improvisation of solutions to preempt failure of a database before commercial implementation complicates the development.

POS system accuracy is demanding, given that monetary transactions are involved continuously not only via the sale window but also at the back end through the receiving and inputting of goods into the inventory. Calculations required are not always straightforward. There may be many discounts and deals that are unique to specific products, and the POS machine must quickly process the differences and the effect on pricing. There is much complexity in the programming of such operations, especially when no error in calculation can be allowed.

Other requirements include that the system must have functionality for membership discount and points accumulation/usage, quantity and promotional discounts, mix and match offers, cash rounding up, invoice/delivery-order issuance with outstanding amount. It should enable a user to adjust the inventory of each product based on physical count, track expiry of perishable goods, change pricing, provide audit trail when modification of inventory records is performed, be capable of multiple outlet functionality, control of stocks from HQ, doubling as an invoicing system, just to name some.

It is clear that POS system is a term that implies a wide range of capabilities depending on the end-user requirements. POS system review websites cannot be expected to cover most let alone all the features. Unless one is a developer, it is unrealistic to expect the reviewer to know all the aspects of a POS system. For instance, a POS system might work smoothly on a test database during the review but not when the database grows significantly in size over months of usage. And this is only one among many hidden critical functionality issues of a POS system.

Hardware interface standardization (post-1980s)

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Vendors and retailers are working to standardize development of computerized POS systems and simplify interconnecting POS devices. Two such initiatives were OPOS and JavaPOS, both of which conform to the UnifiedPOS standard led by The National Retail Foundation.

OPOS (OLE for POS) was the first commonly adopted standard and was created by Microsoft, NCR Corporation, Epson and Fujitsu-ICL. OPOS is a COM-based interface compatible with all COM-enabled programming languages for Microsoft Windows. OPOS was first released in 1996. JavaPOS was developed by Sun Microsystems, IBM, and NCR Corporation in 1997 and first released in 1999. JavaPOS is for Java what OPOS is for Windows, and thus largely platform independent.

There are nearly as many proprietary protocols as there are companies making POS peripherals. Most POS peripherals, such as displays and printers, support several of these command protocols to work with many different brands of POS terminals and computers.

User interface design

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The design of the sale window is the most important one for the user. This user interface is highly critical when compared to those in other software packages such as word editors or spreadsheet programs where the speed of navigation is not so crucial for business performance.

For businesses at prime locations where real estate is at a premium, it can be common to see a queue of customers. The faster a sale is completed the shorter the queue time which improves customer satisfaction, the less space it takes, which benefits shoppers and staff. High-traffic operations such as grocery outlets and cafes need to process sales quickly at the sales counter so the UI flow is often designed with as few popups or other interruptions to ensure the operator isn't distracted and the transaction can be processed as quickly as possible.

Although improving the ergonomics is possible, a clean, fast-paced look may come at the expense of sacrificing functions that are often wanted by end-users such as discounts, access to commission earned screens, membership and loyalty schemes can involve looking at a different function of the POS to ensure the point of sale screen contains only what a cashier needs at their disposal to serve customers.

Cloud-based (post-2000s)

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The advent of cloud computing has given birth to the possibility of electronic point of sale (EPOS) systems[16] to be deployed as software as a service, which can be accessed directly from the Internet using a web browser. Using the previous advances in the communication protocols for POS's control of hardware, cloud-based POS systems are independent from platform and operating system limitations. EPOS systems based in the cloud (most small-business POS today) are generally subscription-based, which includes ongoing customer support.[17]

Compared to regular cash registers (which tend to be significantly cheaper but only process sales and prints receipts), POS systems include automatic updating of the inventory library stock levels when selling products, real-time reports accessible from a remote computer, staff timesheets and a customer library with loyalty features.[18][clarification needed][clarification needed]

Cloud-based POS systems are also created to be compatible with a wide range of POS hardware and sometimes tablets such as Apple's iPad. Thus cloud-based POS also helped expand POS systems to mobile devices, such as tablet computers or smartphones.[19]

These devices can also act as barcode readers using a built-in camera and as payment terminals using built-in NFC technology or an external payment card reader. A number of POS companies built their software specifically to be cloud-based. Other businesses who launched pre-2000s have since adapted their software to evolving technology.

Cloud-based POS systems are different from traditional POS largely because user data, including sales and inventory, are not stored locally, but in a remote server. The POS system is also not run locally, so there is no installation required.

Depending on the POS vendor and the terms of contract, compared to traditional on-premises POS installation, the software is more likely to be continually updated by the developer with more useful features and better performance in terms of computer resources at the remote server and in terms of fewer bugs and errors.

Other advantages of a cloud-based POS are instant centralization of data (important especially to chain stores), ability to access data from anywhere there is internet connection, and lower start-up costs.[20]

Cloud based POS requires an internet connection. For this reason it important to use a device with 3G connectivity in case the device's primary internet goes down. In addition to being significantly less expensive than traditional legacy point of sale systems, a notable strength of cloud-based point of sale systems is the ability to switch to a different product, by a different developer, without having to purchase new hardware. The many developers creating new software applications help to ensure that the system is supported for longer than a typical legacy POS system.

A number of noted emerging cloud-based POS systems came on the scene less than a decade or even half a decade back. These systems are usually designed for restaurants, small and medium-sized retail operations with fairly simple sale processes as can be culled from POS system review sites. It appears from such software reviews that enterprise-level cloud-based POS systems are currently lacking in the market. "Enterprise-level" here means that the inventory should be capable of handling a large number of records, such as required by grocery stores and supermarkets. It can also mean that the system software and cloud server must be capable of generating reports such as analytics of sale against inventory for both a single and multiple outlets that are interlinked for administration by the headquarters of the business operation.

POS vendors of such cloud based systems should also have a strong contingency plan for the breakdown of their remote server such as represented by fail-over server support. Sometimes a major data center can fail completely, such as in a fire.[21] On-premises installations are therefore sometimes seen alongside cloud-based implementation to preempt such incidents, especially for businesses with high traffic. The on-premises installations may not have the most up-to-date inventory and membership information.

For such contingency, a more innovative though highly complex approach for the developer is to have a trimmed down version of the POS system installed on the cashier computer at the outlet. On a daily basis the latest inventory and membership information from the remote server is automatically updated into the local database. Thus should the remote server fail, the cashier can switch over to the local sale window without disrupting sales. When the remote server is restored and the cashier switches over to the cloud system, the locally processed sale records are then automatically submitted to the remote system, thus maintaining the integrity of the remote database.

Although cloud-based POS systems save the end-user startup cost and technical challenges in maintaining an otherwise on-premises installation, there is a risk that if the cloud-based vendor closes down it may result in more immediate termination of services for the end-user compared to the case of a traditional full on-premises POS system where it can still run without the vendor.

Another consideration is that a cloud-based POS system actually exposes business data to service providers - the hosting service company and the POS vendor which have access to both the application and database. The importance of securing critical business information such as supplier names, top selling items, customer relationship processes cannot be underestimated given that sometimes the few key success factors or trade secrets of a business are actually accessible through the POS system. This security and privacy concern is an ongoing issue in cloud computing.

Retail industry

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Main article: Retail
Points of sale at a grocery store in Ilorin, Nigeria
Points of sales at S-market grocery store in Klaukkala, Finland

The retail industry is one of the predominant users of POS terminals. The POS interface at a retail establishment varies greatly depending on the industry and owner of the retailer, but usually includes a cash register (typically a specialized x86-based computer running Windows Embedded or Linux), a method for employee input, cash drawer, receipt printer, barcode scanners (which may incorporate a scale), and an interface for processing Card payments and Processing Customer Information (a Payment Terminal). It can also include a conveyor belt, checkout divider, wireless handheld scanners, integrated card processing systems, and customer-facing displays to display totals and show advertisements. While some systems use typical PC interfaces (such as a keyboard & mouse), it is far more common to utilize touchscreens as they allow for faster response and better customization for the retailer. In the past, most IBM systems used a primarily keyboard-based interface, and NCR previously used side-keys on their displays before touchscreens were widely available, similar to their ATM products.

The POS system software can typically handle a myriad of customer based functions such as sales, returns, exchanges, layaways, gift cards, gift registries, customer loyalty programs, promotions, discounts and much more. POS software can also allow for functions such as pre-planned promotional sales, manufacturer coupon validation, foreign currency handling and multiple payment types.

The POS unit handles the sales to the consumer, but it is only one part of the entire POS system used in a retail business. The controlling servers, or "Back-office" computers, typically handle other functions of the POS system such as inventory control, pricing, purchasing, receiving and transferring of products to and from other locations. Other typical functions of a POS system are: store sales information for enabling customer returns, reporting purposes, sales trends and cost/price/profit analysis. Customer information may be stored for receivables management, marketing purposes and specific buying analysis. Many retail POS systems include an accounting interface that "feeds" sales and product losses, cash drawer expected totals, and cashier productivity information to independent accounting applications.

Point of Sale interface at a supermarket in California.

A multi-terminal POS system used by big retailers like supermarkets and department stores has a far more demanding database and software architecture than that of a single station seen in small retail outlets. A supermarket with high traffic cannot afford a systemic failure, hence each point of sale station is designed to be robust in its operation. Most proprietary POS systems designed for large retailers use 2 servers, with one acting as a backup in case of failure. In the event that both servers fail, the individual POS systems will enter a failsafe mode, where sales data is stored locally and exported back to the servers upon a return of the connection. This may prove challenging to implement in some instances however, as many commercial POS systems do not have any hard disks for security purposes, and often have limited amounts of RAM.

Performing updates between multiple stations and the back end administrative computer should be redundant, so that updates to inventory and promotions will be accurately reflected at checkout without having to restart the computer, and reflecting accurate sales records to the back-end computer at the end of the business day.

This gets even more complicated when there is a membership system requiring real-time two-way updating of membership points between sale stations and the back end administrative computer.

Retail operations such as hardware stores, lumber yards, electronics stores and so-called multifaceted superstores need specialized additional features compared to other stores. POS software in these cases handles special orders, purchase orders, repair orders, service and rental programs as well as typical point of sale functions. Rugged hardware is required for point of sale systems used in outdoor environments. Wireless devices, battery powered devices, all-in-one units, and Internet-ready machines are typical in this industry.

Recently new applications have been introduced, enabling POS transactions to be conducted using mobile phones and tablets. According to a recent study, mobile POS (mPOS) terminals are expected to replace the contemporary payment techniques because of various features including mobility, upfront low cost investment and better user experience.[22]

In the mid-2000s, the blind community in the United States engaged in structured negotiations to ensure that retail point of sale devices had tactile keypads. Without keys that can be felt, a blind person cannot independently enter his or her PIN. In the mid-2000s retailers began using "flat screen" or "signature capture" devices that eliminated tactile keypads. Blind people were forced to share their confidential PIN with store clerks to use their debit and other PIN-based cards. The blind community reached agreement with Walmart, Target, CVS and eight other retailers that required real physical keys so blind people could use the devices.

Checkout configuration

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Early stores typically kept merchandise behind a counter. Staff would fetch items for customers to prevent the opportunity for theft and sales would be made at the same counter. Self-service grocery stores such as Piggly Wiggly, beginning in 1916, allowed customers to fetch their own items and pass the point of sale enroute to the exit.

Modern stores have a variety of checkout configurations, but almost all stores will have their main checkout area situated close to the entrance/exits. Smaller stores may utilize simple counters, while big-box stores will typically use a conveyor belt system spaced out in separate "lanes" to process orders. Express lanes might limit the type of payment, or number or type of goods, to expedite service. Some department stores may also have checkouts inside of the departments to allow shoppers of that section to pay without going through the main lines. If each checkout station has a separate queue, customers have to guess which line will move the fastest, to minimize their wait times. They are often frustrated to be wrong or be stuck behind another customer who encounters a problem or who takes excessive time to check out. Some stores use a single, much longer but faster-moving line, that is served by multiple registers, which produces the same average wait time, but reduces the frustration and variance in wait time from person to person.[23] Regardless of the configuration, checkout lines usually pass by impulse buy items to grab the attention of otherwise idle customers.

As self-checkout technology has progressed, more retailers of all types have included self-checkout as an option, and in some cases, completely replace traditional cashier-operated checkout lines. Self-checkout kiosks are typically kept together in a 'corral' area adjacent to the regular registers so that shop employees can more easily monitor transactions, though they are also occasionally set up in a more typical "lane" fashion with conveyor belts for loading groceries. More modern implementations of self-checkout include scanning items and paying within a retailer's mobile app, or using RF technology and cameras to detect items at the door and charge the customer's account automatically.

Hospitality industry

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Main article: Hospitality industry
Reception desk POS
Restaurant POS
Tablet-based POS

Hospitality point of sale systems are computerized systems incorporating registers, computers and peripheral equipment, usually on a computer network to be used in restaurants, hair salons or hotels. Like other point of sale systems, these systems track sales, labor, payroll and can generate records used in accounting and bookkeeping. They may be accessed remotely by restaurant corporate offices, troubleshooters and other authorized parties.

Point of sale systems have revolutionized the restaurant industry, particularly in the fast food sector. In the most recent technologies, registers are computers, sometimes with touch screens. The registers connect to a server, often referred to as a "store controller" or a "central control unit". Printers and monitors are also found on the network. Additionally, remote servers can connect to store networks and monitor sales and other store data.

Typical restaurant POS software is able to create and print guest checks, print orders to kitchens and bars for preparation, process credit cards and other payment cards, and run reports. In addition, some systems implement wireless pagers and electronic signature-capture devices.

In the fast food industry, displays may be at the front counter, or configured for drive-through or walk-through cashiering and order taking. Front counter registers allow taking and serving orders at the same terminal, while drive-through registers allow orders to be taken at one or more drive-through windows, to be cashiered and served at another. In addition to registers, drive-through and kitchen displays are used to view orders. Once orders appear they may be deleted or recalled by the touch interface or by bump bars. Drive-through systems are often enhanced by the use of drive-through wireless (or headset) intercoms. The efficiency of such systems allows decreased service times and increased efficiency of orders.

Another innovation in technology for the restaurant industry is wireless POS. Many restaurants with high volume use wireless handheld POS to collect orders which are sent to a server. The server sends required information to the kitchen in real time. Wireless systems consist of drive-through microphones and speakers (often one speaker will serve both purposes), which are wired to a "base station" or "center module." This, in turn, will broadcast to headsets. Headsets may be an all-in-one headset, or one connected to a belt pack.

With the development of the mobile technology, Cloud-based POS systems are also put forward to increase the efficiency of some restaurants, integrated with some latest software services such as scan QR code to order by customers themselves. It leads to a new style of offline restaurants dine-in.

In hotels, POS software allows for transfer of meal charges from dining room to guest room with a button or two. It may also need to be integrated with property management software.

Newer, more sophisticated systems are departing from the central database "file server" type system and going to what is called a "cluster database". This eliminates any crashing or system downtime that can be associated with the back office file server. This technology allows 100% of the information to not only be stored, but also pulled from the local terminal, thus eliminating the need to rely on a separate server for the system to operate.

Tablet POS systems popular for retail solutions are now available for the restaurant industry. Initially these systems were not sophisticated and many of the early systems did not support a remote printer in the kitchen. Tablet systems today are being used in all types of restaurants including table service operations. Most tablet systems upload all information to the Internet so managers and owners can view reports from anywhere with a password and Internet connection. Smartphone Internet access has made alerts and reports from the POS very accessible. Tablets have helped create the Mobile POS system, and Mobile POS applications also include payments, loyalty, online ordering, table side ordering by staff and table top ordering by customers. Regarding the payments, mobile POS can accept all kinds of payment methods from contactless cards, EMV chip-enabled cards, and mobile NFC enabled cards. Mobile POS (AKA mPOS) is growing quickly with new developers entering the market almost on a daily basis.

With the proliferation of low-priced touchscreen tablet computers, more restaurants have implemented self-ordering through a tablet POS placed permanently on every table. Customers can browse through the menu on the tablet and place their orders which are then sent to the kitchen. Most restaurants that have iPad self-order menus include photos of the dishes so guests can easily choose what they want to order. This apparently improves service and saves manpower on the part of the restaurant. However this depends on how intelligently the system has been programmed to be.

As a case in point, some self-ordering systems not requiring staff assistance may not properly recognize a subsequent order from the same customer at a table. As a result, the customer is left waiting and wondering why his second order of food and drink is not being served.

Another example of how intelligent the system can be, is whether an order that has been placed but not yet been processed by the kitchen can be modified by the customer through the tablet POS. For such an unprocessed order the customer should be given the option to easily retrieve the order and modify it on the tablet POS. When the order is being processed this function should be automatically disabled.

Self-ordering systems are not always free completely from intervention by the staff and for some good reasons. For example, some restaurants require that items selected by the customers be attended to and can only be placed by the waiter who has the password required to do so. This prevents fake orders - such as may be entered by playful kids - and subsequent dispute on the items ordered. If alcoholic beverages are ordered, it is necessary for the waiter to verify the customer's age before sending the order.

The technical specifications for implementing such self-ordering system are more demanding than a single cashier-controlled POS station. On the software and hardware side each tablet on a customer table has to be networked to the cashier POS station and the kitchen computer so that both are continually updated on orders placed. The common database that serves this network must also be capable of serving many concurrent users - cashier, customers, kitchen and perhaps a drink bar.

Some databases such as popularly-used Microsoft Access may have the specifications that it is capable of usage by multiple concurrent users.[citation needed] However, under the stress of a POS system, they can fail miserably resulting in constant errors and corruption of data.[citation needed]

POS systems are often designed for a variety of clients, and can be programmed by the end users to suit their needs. Some large clients write their own specifications for vendors to implement. In some cases, POS systems are sold and supported by third-party distributors, while in other cases they are sold and supported directly by the vendor.

The selection of a restaurant POS system is critical to the restaurant's daily operation and is a major investment that the restaurant's management and staff must endure for many years. The restaurant POS system interfaces with all phases of the restaurant operation, and with everyone that is involved with the restaurant including guests, suppliers, employees, managers and owners. The selection of a restaurant POS system is a complex process that should be undertaken by the restaurant owner and not delegated to an employee. The purchase process can be summarized in three steps: Design, Compare and Negotiate. The Design step requires research to determine which restaurant POS features are needed for the restaurant operation. With this information the restaurant owner or manager can Compare various restaurant POS solutions to determine which POS systems meet their requirements. The final step is to Negotiate the price, payment terms, included training, initial warranty and ongoing support costs.[citation needed]

Accounting forensics

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POS systems record sales for business and tax purposes. Illegal software dubbed "zappers" can be used on POS devices to falsify these records with a view to evading the payment of taxes.

In some countries, legislation is being introduced to make cash register systems more secure. For example, the French treasury is estimated to be failing to collect approximately €14 billion of VAT revenue each year. The Finance Bill of 2016 was intended to address some of this loss by making it compulsory for taxpayers to operate on "secure systems". Therefore, from 1 January 2018, all retail businesses in France are required to record customer payments using certified secure accounting software or cash register systems.

A certified cash register system must provide for the (i) incommutable,[clarification needed] (ii) security and (iii) storage and archiving of data. All businesses required to comply must obtain a certificate from the cash register system provider which certifies that the system meets these requirements. This is because VAT taxpayers may need to provide a certificate to the tax authorities showing that their cash management system fulfills the new requirements.

If the business cannot provide this certificate to the tax authorities, they may be fined. And, if the tax authorities can demonstrate fraudulent use of the system, both the business and the software provider can face tax penalties, fines, and criminal sanctions. Certification can be obtained either from: a body accredited by the French Accreditation Committee (Comité français d’accréditation or COFRAC) or the software provider of the cash register system.

Security

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Despite the more advanced technology of a POS system as compared to a simple cash register, the POS system is still vulnerable to employee theft through the sales window. A dishonest cashier at a retail outlet can collude with a friend who pretends to be an ordinary customer. During checkout, the cashier can bypass scanning certain items or enter a lower quantity for some items thus profiting from the "free" goods.

The ability of a POS system to void a closed sale receipt for refund purpose without needing a password from an authorized superior also represents a security loophole. Even a function to issue a receipt with a negative amount which can be useful under certain circumstances, can be exploited by a cashier to easily lift money from the cash drawer.

To prevent such employee theft, it is crucial for a POS system to provide an admin window for the supervisor or administrator to generate and inspect a daily list of sale receipts, especially pertaining to the frequency of cancelled receipts before completion, refunded receipts and negative receipts. This is one effective way to alert the company to any suspicious activity - such as a high number of cancelled sales by a certain cashier - that may be occurring, and to take monitoring action.

To further deter employee theft, the sales counter should also be equipped with a closed-circuit television camera pointed at the POS system to monitor and record all activities.

At the back end, price and other changes like discounts to inventory items through the administration module should be secured with passwords provided to trusted administrators. Any changes made should also be logged and capable of being subsequently retrieved for inspection.

The sale records and inventory are important to the business because they provide useful information to the company in terms of customer preferences, customer membership particulars, what are the top selling products, who are the vendors and what margins the company is getting from them, the company monthly total revenue and cost, among others.

It is important that reports on these matters generated at the administrative back end be restricted to trusted personnel. The database from which these reports are generated should be secured via passwords or via encryption of data stored in the database to prevent copying or tampering.

Despite all such precautions, the POS system can never be entirely watertight in security from internal misuse if a clever, dishonest employee knows how to exploit many of its otherwise useful capabilities.

News reports on POS system hacking show that hackers are more interested in stealing credit card information than anything else. The ease and advantage offered by the ability of a POS system to integrate credit card processing thus have a downside. In 2011, hackers were able to steal credit card data from 80,000 customers because Subway's security and POS configuration standards for PCI compliance - which governs credit card and debit card payment systems security - were "directly and blatantly disregarded" by Subway franchisees.[24]

In June 2016, several hundred of Wendy's fast food restaurants had their POS systems hacked by illegally installed malware.[25] The report goes on to say that "the number of franchise restaurants impacted by these cyber security attacks is now expected to be considerably higher than the 300 restaurants already implicated" and that the "hackers made hundreds of thousands of fraudulent purchases on credit and debit cards issued by various financial institutions after breaching Wendy's computer systems late last year".

These exploits by hackers could only be made possible because payment cards were processed through the POS system allowing the malware to either intercept card data during processing or steal and transmit unencrypted card data that is stored in the system database.

In April 2017, security researchers identified critical vulnerabilities in point of sale systems developed by SAP and Oracle[26] and commented, “POS systems are plagued by vulnerabilities, and incidents occurred because their security drawbacks came under the spotlight.”[27] If successfully exploited, these vulnerabilities provide a perpetrator with access to every legitimate function of the system, such as changing prices, and remotely starting and stopping terminals. To illustrate the attack vector, the researchers used the example of hacking POS to change the price of a MacBook to $1. The security issues were reported to the vendor, and a patch was released soon after the notification. Oracle confirmed[28] security bug affects over 300,000 Oracle POS Systems

In some countries, credit and debit cards are only processed via payment terminals. Thus one may see quite a number of such terminals for different cards cluttering up a sale counter. This inconvenience is offset by the fact that credit and debit card data is far less vulnerable to hackers, unlike when payment cards are processed through the POS system where security is contingent upon the actions taken by end-users and developers.

With the launch of mobile payment, particularly Android Pay and Apple Pay in 2015, it is expected that because of its greater convenience coupled with good security features, this would eventually eclipse other types of payment services – including the use of payment terminals. For mobile payment to go fully mainstream, mobile devices like smartphones that are NFC-enabled must first become universal. This would be a matter of several years from the time of this writing (2017) as more and more models of new smartphones are expected to become NFC-enabled for such a purpose. For instance, iPhone 6 is fully NFC-enabled for mobile payment while iPhone 5 and older models are not. The aforesaid disastrous security risks connected with processing payment card usage through a POS system would then be greatly diminished.

See also

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References

[edit]
  1. ^ "Paperless Receipt Solution (PRS) System". James Dyson Foundation. Archived from the original on July 1, 2017. Retrieved August 9, 2015.
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