point-of-sale terminal


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point-of-sale terminal

n
(Commerce) (in retail distribution) a device used to record and process information relating to sales. Abbreviation: POST
References in periodicals archive ?
TELECOMWORLDWIRE-4 November 2002-SchlumbergerSema launches new portable point-of-sale terminal (C)1994-2002 M2 COMMUNICATIONS LTD http://www.
To use Chase cards with blink, cardmembers simply hold their card near a point-of-sale terminal at checkout, instead of swiping their card or handing it to a concessions' employee.
Small-value transactions can now be quickly completed using a payment card with a built-in microchip and wire-loop antenna utilizing very-short-range (several inches) radio waves to securely transmit account information from the card to the merchant point-of-sale terminal.
In concert with its proprietary data center platform, Q Comm's point-of-sale terminal, Q Xpress 200(TM), is currently used by wireless telecommunication carriers, telecommunication distributors, and various retailers to sell a wide range of prepaid products and services, including prepaid wireless telecommunication service, prepaid phone cards, prepaid dial tone, and prepaid debit cards, such as prepaid MasterCard.