THE POS SYSTEM CAN BE YOUR GENNIE IN DOING SECURE TRANSACTIONS

The Point of Sale (POS) which is also termed as checkout or rather Electronic Point Of Sale (EPOS)
is the area where the retail transacton is conducted. With the advancement of science and
technology we !nd the augmentaton of su"er market like #ig #a$aar which is the largest
hy"ermarket in %ndia. %t is actually a su"erstore that com#ines su"ermarket and de"artmental
store. With the im"rovement of marketng system and strategies there has also #een an
im"rovement in "ayment system and we !nd POS #eing introduced in such areas. &'er the
"urchasing the customer is su""osed to make "ayment for food or artcles that are #ought and
hence the retailer calculates the amount owed #y the customer and issues a recei"t.
Retail POS System uses im"roved hardware and so'ware as "er the need. & retailer is not
restricted to using hardware and so'ware #ut might also go for the weighing scales scanners
etc. (or e)am"le a Grocery Store POS can #e weighing scale where as #ars can use so'ware.
&rea like #ars hair salons s"as hotels generally use Hospitality POS Systems (*os"itality Point
Of Sales Systems). They are advanced com"uteri$ed systems using registers P+ technical
e,ui"ments usually on a com"uter system to #e used in #ars restaurants salons hotels etc.
They kee" a track on sales "ayrolls and issue records that are used in #ook kee"ing accounts
etc. Hospitality POS System and so'wares hel" generate "rint guest checks "rint orders etc.
They also hel" to "rocess credit cards.
POS Istalla!o is a very sim"le "rocess. %t #rings u" long term #ene!ts and advantages. POS are
hard to crack "rograms in order to record the valua#le transactons which carry informaton
a#out the "ricing of the "roduct and valua#le transactons. The "rocedure of POS Istalla!o
includes installing the -PS connectng com"uters to internet installing antvirus so'ware. These
measures hel" to kee" the #usiness informaton con!dental and "rotect the informaton from
ge.ng hacked. Then we need to install the POS So'ware and a/ach scanners. &'er the
data#ases are accessi#le we need to enter the in"ut inventory informaton. (inally the POS
installaton only needs the ste" of customi$ing POS So'ware.
With Retail POS System" POS data gets easily distri#uted to the su""lier to #ring in more and
more sales and im"roved management. The su""liers are given immediate knowledge of their
#usiness "erformance. The SPS +ommerce Poit o# Sale S$pplier focuses on the growth of
#usiness and not on the data. The +loud #ased Poit O# Sale S$pplier assists in accessing the
transacton data from any area. %t also "rovides online access to "re#uilt re"orts which deal with
#est "ractces of retailers and hence hel"s to meet the #usiness needs. The entre"reneur tends
to get in touch with current sales "rocedures.
Poit o# Sale System hel"s to reduce the su""ly costs through res"onsive foretelling. %t also
hel"s to cut down +a"ital %nvestment re,uirement for the im"ortant data. Then it addresses the
o""ortunites of sales trend gain informaton from a "eer retailer0s view of demand and
identfying the sales o""ortunites.