![]() While there are many types, they all consist of the same two components, hardware and software. Now they keep track of inventory, customers, employees, sales, and payments! DID YOU KNOW? The first computer-based POS system was invented in 1973, and was primarily made for restaurants. With the increase in technology, POS systems have evolved. These systems were first invented in 1879 by salon owner James Ritty in Ohio! This type of POS was much different from the ones we use now: it was just a cash register that recorded sales and kept track of payments. It can be a physical space (like a counter) or a virtual checkout page. By the end of this article, you’ll easily be able to make the best decisions for your company! What Is a Point of Sale System?Ī point of sale, or POS, is used to record sales and funds collected in a store. ![]() In this article, we’ll get into the details of a POS system, the different types, and the benefits of choosing a specific one. There are many types of POS out there, and choosing the right one will help you grow your business. A POS, or point of sale system, is extremely important if you’re running a business. ![]()
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