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What is a POS System?
Point of sale (POS System) or checkout is the place where a retail transaction is completed. It is the point at which a customer makes a payment to a merchant in exchange for goods or services. At the point of sale the merchant would use any of a range of possible methods to calculate the amount owing, such as a manual system, weighing machines, scanners or an electronic cash register. The merchant will also normally issue a receipt for the transaction.
Why Would I get a POS System?
While an electronic cash register is a suitable way to track money, installing a retail POS system will simplify your life as well as your customers’. With a retail point of sale system or POS System, you’ll streamline operations, increase checkout times, make more money, increase efficiency, keep better inventory records, and have the most robust reporting capabilities right at your fingertips. The right retail point of sale system will pay for itself over and over again with its functionality.
Can I Buy or Lease a POS System?
In Simple Terms the answer is Yes. Whether you buy or lease a retail point of sale system depends on your budget. We offer very flexible leasing options for retail POS systems. By leasing the retail software and/or the POS System, you can reduce the initial start-up costs associated with a new retail point of sale system.