Main functionalities of a POS system

Introduction

For any retail store, having a solid POS system is essential when making a sale and being able to provide the customer with multiple options when making payment, strengthening the relationship between both and increasing trust.

A point of sale system, as Shopify explains, “is the hardware and software that helps your business accept payments from customers and make in-person sales. It also sends funds to your bank account after each sale.”

In this whitepaper, we will explore in depth what the main functionalities of a POS system are, highlighting the benefits of each one and how it can be used in a physical store, with its integration into different payment methods.