P
Point of Sales (POS)

What is meant by Point of Sales (POS) ?

Point of Sale (POS) or Point of Purchase (POP) is the terminal point of a retail transaction. In simpler term, it is the point where a customer makes the payment in exchange of goods or after receiving a service. In retail industry, relevance of POS is that it is marked as the point where admin/store owner has to generate the invoice and update inventory & reorder details.

Subject : E-Commerce

Disclaimer: The term explained above has been compiled with consideration and care after consulting multiple sources. Despite our continuing efforts, we advise- the readers should not take decisions completely based on the information shared by FATbit on its glossary section.

You will be redirected to 2CO payment gateway profile of Ably Soft Pvt. Ltd.
Proceed to Checkout

FATbit Technologies is an arm of Ably Soft Pvt. Ltd. View T & C