What Is POS
Point-of-sale ( EPOS systems ) have evolved from cash registers to modern hubs that manage sales, customer experience, promotional offers, and operational processes. The Evolution of POS POS once referred only to the site—typically, a counter with a cash register where customers handed over cash for goods and services. Payment is still at the heart of any POS system, whether it's online, at a self-service kiosk, via an agent's handheld device, or at a traditional register. But since the old-fashioned cash register first paired up with computers in the 1970s, POS has transformed into a powerful hub for financial, sales, promotional, and operational processes. As technology has advanced, so have POS systems, with the introduction of bar codes in the 1970s, graphical interfaces in the 1980s, and online ordering in the 1990s. In the 21st century, the rate of change has accelerated further. Mobile technology has untethered the payment process from the traditional regis...