What is POS System?

Posted by June 17, 2018, 11:27 pm


What is POS System?

The general definition for Point of sale is the time and place where a retail transaction is completed. To understand it’s prolonged process let us understand it with an example:


In general store’s the merchant calculates the amount owed by the customer, he will calculate the amount owed by a customer to calculate the merchant may use various devices such as weighing scales , Barcode Scanners and prepares an invoice which may be cash register printout and asks customer for payment. The customer pays the merchant for goods or for the service. After receiving payment, merchant issue’s a receipt for the transaction in printed form. For this prolonged process and to ease retailers POS system has been introduced. 


The point of sale is not just a point of sale but also a point of return or customer order. POS terminal software may also include features for additional functionality, such as inventory management, CRM, financials, or warehousing. One of the most obvious and compelling reasons is that a POS system does away with the need for price tags. Selling prices are linked to the product code of an item when adding stock, so the cashier merely needs to scan this code to process a sale. If there is a price change, this can also be easily done through the inventory window. Other advantages include the ability to implement various types of discounts, a loyalty scheme for customers, and more efficient stock control.


When it comes to the Point Of Sale market there are variety of options.




Lets have brief view on it:


 


POS Printers


Receipt printers are an important part of a point of sale (POS) system. They are used in retail environments to print credit card slips and customer receipts. Restaurants also use receipt printers to print off orders back in the kitchen or at the bar. These are also used in banks, retail and other heavy-use environments. To get more details and  benefit for wide selection of high-speed thermal and impact journal, slip, validation and Receipt Printer. Whether you need a desktop, mobile, or kiosk based printer,Posgulf.com have a model to meet the demands of any business. We also carry receipt printers that are compatible with an iPod or Android device.


Ø  POS thermal printer : Thermal printing (or direct thermal printing) is a digital printing process which produces a printed image by selectively heating coated thermo chromic paper, or thermal paper as it is commonly known, when the paper passes over the thermal print head. POS thermal printers have variety of options like 

Citizen CT-S601, Epson TM-T88V etc. For more details check our website www.posgulf.com


 


Ø  Dot Matrix POS Printers : Dot matrix (impact) printing is a type of computer printing which uses a print head that moves back-and-forth, or in an up-and-down motion, on the page and prints by impact, striking an ink-soaked cloth ribbon against the paper, much like the print mechanism on a typewriter. Dot Matrix POS Printer have variety of options like Epson 220B Dot matrix printers, Epson TM-U220 etc . For more details check our website www.posgulf.com 


POS Terminals


A Point of Sale System includes everything youll need to get started with POS in your business. Depending on your needs and the type of business you have, we have systems specifically designed for retail, restaurant ,bar grocery, salon, based applications. Each system is made to provide the most efficient and productive POS experience for you and your customers. For more details and benefits check   www.posgulf.com.