technology used in many retail stores that includes a scanning system and cash drawer to obtain sales data automatically as each sale occurs.
Any terminal which does not dispense cash and which enables a cardholder to conduct transactions involving the purchase of goods or services at a STAR Merchant. A STAR Internet Device is not considered a POS Terminal. A STAR ATM is considered a POS Terminal for purposes of a purchase transaction expressly permitted by STAR.
A cash register connected to a computer that finds the product price and updates store inventory at the time of each sale.
a special-purpose terminal. Replaces cash register.
A terminal commonly used in retail stores to record and monitor sales transactions.
An electronic terminal in a retail store that allows direct electronic payment for goods.
The electronic device used for authorizing and processing bankcard transactions at the point of sale.
Point-of-Sale terminals allow a customer to slide their credit card through a reading device to verify transactions in real-time. Costs for point-of-sale terminals begin at about $350, but can cost up to $1,500 for high-end models.
computer terminal that enables a bank customer to access account funds at the place a sale is made, usually a supermarket or retail store