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POS - Point of Sale

M-N-O-P
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POS - Point of Sale
 
Point of Sale defines the place between an enterprise and its customer where information and technology activities take place.
 
Brief description
An example of such a POS would be a scanner at the cash register or electronic payment capabilities in commerce. A widespread variant of using the data that is created at the POS is to combine the information obtained with the goods management system. This allows for rationalization and improved customer service.