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,...