Daffodil International University

Faculties and Departments => Business & Entrepreneurship => Business Administration => Topic started by: munna99185 on October 24, 2014, 01:55:19 PM

Title: Point of sale
Post by: munna99185 on October 24, 2014, 01:55:19 PM

Point of sale is the place where a retail transaction is completed. It is the point at which a customer makes a payment to the merchant in exchange for goods or services. At the point of sale the retailer would calculate the amount owed by the customer and provide options for the customer to make payment. The merchant will also normally issue a receipt for the transaction.

[source:wikipedia.com]


Sayed Farrukh Ahmed
Assistant Professor
Faculty of Business & Economics
Daffodil International University

Title: Re: Point of sale
Post by: sajib on November 12, 2014, 03:28:05 PM

Definition: A computerized network operated by a main computer and linked to several checkout terminals.
http://www.entrepreneur.com/encyclopedia/point-of-sale-pos-system

Title: Re: Point of sale
Post by: Farhananoor on November 13, 2014, 10:21:32 AM

Point of sale means the final exchange of goods and services.