point-of-sale (POS) terminal

What is point-of-sale (POS) terminal?

point-of-sale (POS) terminal definition and meaning on Finance terms:
A device allowing the use of payment cards at a physical (not virtual) point of sale. The payment information is captured either manually on paper vouchers or by electronic means. See also
EFTPOS terminal<

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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