POS-terminal - what is it? The meaning of a word, definition, origin, translation

POS-terminal is a device for accepting plastic cards , consisting of a special hole where the buyer inserts a card, a keyboard for typing a PIN code, a screen for displaying the status of payment and a device for printing paper checks. The abbreviation POS stands for Point Of Sale, that is, the "point of sale". Today every self-respecting store or even a stall is equipped with a POS-terminal for accepting cards for payment and is connected to the acquiring system.

POS-terminal is in the list: Finance