Hi, I’m Melissa Blackburn with 2Checkout,
and today we’ll be talking about Point-of-Sale, or POS. A Point-of-Sale is the location where
a merchant and cardholder complete a transaction. Traditionally, a cardholder or a customer
delivers a payment for a good or service at a Point-of-Sale. Older Points-of-Sales used
manual devices, such as cash registers, to help protect and organize payments collected.
Today, Points-of-Sale use scales, scanners, and other, newer technology to collect credit
card information. In addition, peripherals to tablets and smartphones allow merchants
to collect card information wherever they wish through a payment service provider.