Commerce Glossary
A comprehensive resource to help you master the language of commerce.
What commerce term are you interested in?
Search Results for ""...
What is a Point-of-Sale (POS)?
How Does a Point-of-Sale (POS) Work?
Traditionally, a cardholder or customer delivers payment for a good or service at a point-of-sale. Older point-of-sale used manual devices, such as cash registers, to help protect and organize all payments collected. Today, point-of-sale use scales, scanners, and other, newer technologies to collect credit card information. In addition, peripherals to tablets and smartphones allow smaller merchants to collect credit card information through a payment service provider.
Want to read more on this topic? Check out our related resources:
Need help with global payments, global ecommerce?
2Checkout is here to help you accelerate your business growth.