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point-of-sale terminal

   Also found in: Encyclopedia, Wikipedia 0.01 sec.
point-of-sale terminal
n
(Business / Commerce) (in retail distribution) a device used to record and process information relating to sales Abbreviation POST


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They can be used for a point-of-sale terminal or electronic cash registers.
Four appendices discuss issues with providing real- time account information at point-of-sale terminals, analyses of select bank fees data, and discussion of complaint resolution related to fees and disclosures.
Though the PCI Standards Council did not mention last year's hack on international retail giant TJX, which possibly started through a store kiosk, such incidents have raised concerns over the security of point-of-sale terminals.
 
 
 
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