Different Categories of Points of Sale System
POS refers for Point of Sale; A POS system
is used in brick & mortar and e-Commerce stores to perform sales. Retailers
used a cash register to process transactions after the data was transferred to
accounts and stock list. Today, people can streamline their payments, sales,
returns and much more with the aid of a retail POS app. With their other
systems and applications, such as e-Commerce sites, accounting apps, ERP and
warehouse systems, and the point of sale system can be incorporated.
Points of sale systems are available as per the
organization's needs, from basic processors to complex cloud systems depending
on the form and scale. In general, they are categorized into three types:
Mobile POS: A Mobile POS system or m-points of
sale system uses an electronic device such as a Smartphone, mobile device,
or another mobile device as a terminal on which a credit card reader can be
connected. It's highly portable and enables many peripheral devices such as
barcode scanners and receipt printers to be connected.
Terminal POS: A POS terminal is a device based on
software/hardware that holds additional peripherals such as barcode scanners,
credit card readers, receipt printers and cash drawers. These systems have
comprehensive capabilities including inventory tracking, monitoring and
analytics, receipts of purchases via email, CRM, and loyalty programs for
clients.
POS Cloud: A cloud POS is an online or web-based POS
that can easily be used with their current hardware like a computer, laptop,
and printer. These devices have all the features of a POS terminal. For data
centres which are operated by the POS provider, a cloud points of sale
system is installed.
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