All about POS systems A Point Of Sale (POS) system or Point of Purchase (POP) System is a simplified system for interaction between a merchant and the customer. When we as a customer visit a retail store, we encounter a person who calculates the value we owe to the merchant for the products purchased. That person indicates that amount on system, prepare an invoice and present us with different options for the payment. At the same system, customer pays the invoice amount in exchange for goods and after the payment of due amount the receipt of transaction can be dispensed electronically or printed. Various devices can be used by the merchants to calculate the amount owned. A POS system consists a Point Of Sale machine to register the transactions, push buttons to enter the sales, barcode scanner to scan the product code, cash drawer, receipt printer, double sided electronic display facing both retailer and customer and card machine. To link all these hardware components an EPOS software is needed. Not only the sale, this system effectively handles the price changes, discounts and loyalty schemes for customers through inventory window. POS systems have become a necessity for efficient stock control, better handling and boosting the business. Modern POS systems are very efficient in comparison to cash registers. Apart from handling sales from scanning to bill payment modern POS systems has the ability to connect to the internet (cloud) and access the data remotely. Additionally, they can track sales, automate inventory and can integrate with third part applications. The applications of POS systems are not limited to retail businesses. These systems are also used in hospitality businesses, wholesale and accounting forensics. Choosing the right POS system for your business is very important. "Emperium POS" solutions provide POS systems for a wide variety of businesses with plenty of features and user-friendly interface. The POS solutions provided by Emperium POS are based on extensive market research and feedbacks. They can be customized according to the business which makes them versatile and more effective.

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