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What is a POS system?

A point-of-sale (POS) system is a tool that allows businesses to accept payments and manage business operations. There are many different types of POS devices, including smartphones, tablets, mobile POS, card and chip readers, touch screens, computers, self-service kiosks, and terminals. Other POS-related devices include barcode scanners, cash drawers, keyboards, and receipt printers.

Each type of POS has features catering to different business types. POS systems, which range in price from $0 to around $100 per month, also have varying compatible hardware and operating systems.

Here’s a quick overview of the different types and when they’re used:

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