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Point of sale, or POS as it is more commonly
abbreviated, refers to the capturing of data and customer payment information at a physical
location when goods or services are bought and sold. The POS transaction is captured
using a variety of devices which include computers, cash registers, optical and
bar code scanners, magnetic card readers, or any combination of these devices.
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 HP Bundles, Brands its Turnkey Point-of-Sale System
The company announced its first integrated point of sale (POS) system featuring HP-branded peripherals that run on an open-standards hardware and software platform. Based on HP's rp500 POS transaction management system, the new solution (which goes by the exact same product name) includes a receipt printer, scanner, cash drawer, magnetic stripe reader, keyboard and touch screen display.
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