What are Point Of Sale systems and what can they be used for?

Point Of Sale (POS for short) is the point at which money – cash or card – changes hands.

In a store, it may be at a cash register. In a café, it might be behind the cake counter. In a medical practice, it is likely at the receptionist’s desk. It can be online, too.

How do Point of sale systems work?

A modern POS system streamline the sales process. It can be used to track sales, inventory levels, gross revenue, profits, trends and more. The data a POS captures can prove very useful in forecasting future growth.

POS systems can also be used for customer management, helping you record customer details and guiding your marketing efforts.

Choosing a POS system

There are plenty of options out there. In choosing a POS system for your business, look for things like:

1. Compatibility with existing apps and hardware
2. Features that suit your business
3. Ease of use, both for your staff and customers
4. Customer support

Need help choosing? Use our POS recommendation tool.

POS partnerships

Tyro connects with over 300+ POS and practice management system (PMS) vendors. Learn about the benefits of integrating your EFTPOS (Electronic Funds Transfer at Point of Sale) and POS systems.

Got another question about EFTPOS that’s not answered here? Ask away

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