Many businesses don’t pay attention to the Point of sale (POS) technology. However, POS remains a key component of driving commerce in the physical store. Despite the growth of pure-play digital commerce, physical stores are still the heart of the commerce for retailers.  The world of retail commerce is moving to an increasingly digital future and POS technology needs to evolve to support it, being a platform of service and not only a Point of Sale. Some of the biggest areas of focus retailers have identified for investing in the POS include improving the basic checkout processes for scanning items, connecting with loyalty systems and processing returns. Exactly where NCR focus is. As the rate of change in the world...

In this article we will explain what a POS system is, how it works and how it benefits your business. A point of sale (POS) system is a terminal made up of two parts: the POS software and the POS hardware. POS software is a digital technology platform that completes purchase transactions, records sales data, and allows you to view business performance reports. Point-of-sale (POS) hardware refers to physical components such as a cash register, receipt printer, card reader, barcode scanners, customer display screens, kitchen printers, grocery display systems, etc. kitchen, digital menu boards, scales, label printers, handheld computers…   How does a POS system work?   The basic function of a POS system is to complete sales transactions; however,...