POS
A point-of-sale (POS) transaction is what takes place between a merchant and a customer when a
product or service is purchased and system to complete the transaction. POS system is a combination of POS hardware and POS software to create a POS machine for processing a transaction and payment. It is the heart of a business and used for many essential tasks such as inventory management, labor reporting, menu customizations, price adjustments, staff management, sales reporting, customer management, etc., - Types Of POS Systems: Restaurant POS Systems, Bar POS Systems, Retail POS Systems, Small Business POS Systems, Salon and Spa POS Systems, etc.,