POS

It derives from the initials of the words Point Of Sale. It is also used to describe the device through which a transaction is made.

POS derives from the initials of the words Point Of Sale, which indicates the place and time when a transaction is completed.

It is common, however, when we say POS to mean the terminal (the device) through which we can make e-transactions at a physical location.

The new POS technology is Android which offers many new features and better service.