Electronic Point of Sale (POS)
Electronic Point of Sale (POS) systems are hardware and software platforms used by businesses to process sales transactions, manage inventory, and handle customer interactions. They typically include components like cash registers, barcode scanners, receipt printers, and payment terminals, integrated with software for real-time data tracking and reporting. These systems are essential in retail, hospitality, and service industries to streamline operations and improve efficiency.
Developers should learn about Electronic POS systems when building or integrating applications for businesses that require transaction processing, inventory management, or customer relationship management. This is particularly useful for roles in retail tech, e-commerce, or software-as-a-service (SaaS) platforms targeting small to medium enterprises. Understanding POS systems helps in developing custom solutions, APIs for payment gateways, or analytics tools that leverage sales data.