The time and place at which a customer completes a retail transaction for goods and services. These days, POS could be anything from a cash register at a movie theater to a payment ready connected to a mobile device at a flea market. Modern POS solutions are Interner-enabled platforms that can feed valuable sales data to backend systems like ERPs and MAPs and pull product inventory data to ensure that the customer is seeing catalog data in near-real time.
Point-of-Sale [POS]
