Commerce Glossary

A comprehensive resource to help you master the language of commerce.
What commerce term are you interested in?
Search Results for ""...

What is a Point-of-Sale (POS)?

point - of - sale
The location where a merchant and a cardholder complete a transaction.
How Does a Point-of-Sale (POS) Work?

Traditionally, a cardholder or customer delivers payment for a good or service at a point-of-sale. Older point-of-sale used manual devices, such as cash registers, to help protect and organize all payments collected. Today, point-of-sale use scales, scanners, and other, newer technologies to collect credit card information. In addition, peripherals to tablets and smartphones allow smaller merchants to collect credit card information through a payment service provider.

Simplify the eCommerce process. Try 2Checkout.
The most flexible digital commerce platform that can give your business a real boost.