What is a cash register system?

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While online commerce has certainly outpaced the growth of retail, physical stores remain highly valued by consumers and are their primary shopping destination.

POS systems (also known as point of sale systems) have made it possible for everyone, from savvy entrepreneurs to craftsmen wishing to make a living from their passion, to open and grow a student data retail store. So here we answer the essential questions you probably have about cloud cash registers (POS).

What is a cloud cash register?
What hardware is needed to set up a cash register on the cloud?
What is a purchase or transaction on a cash register system?
What are the main features of a cloud cash register?


1. What is a POS system?
The abbreviation “POS” ( point of sale ) refers to any location where a transaction can take place, whether for products or services.

For retailers, this is usually the area around the cash register where customers make a payment in exchange for products or services. But if you use an iPad POS system, your entire store effectively becomes a point of sale (more on that in a bit).

The POS system combines the software and hardware you use to run your business. It's the tool that lets you analyze and order your inventory and manage your employees, customers, and sales.

Previously, POS systems were on-premises, meaning they used an on-site server and could only operate in a specific area of ​​your store. That’s why the desktop computer, cash register, receipt printer, barcode scanner, and payment processing system were all located on your counter and couldn’t be moved (at least not easily).

The early 2000s saw the birth of a major technological innovation: the cloud. The advent of cloud-based data storage and computing enabled a new milestone in the evolution of POS system technologies: mobility.