Meaning of “electronic point of sale” in the English Dictionary

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"electronic point of sale" in Business English

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electronic point of salenoun [ U ]

uk us abbreviation EPOS

COMMERCE, IT a computer system that records a store's sales and which products it has in stock, and provides customers with their payment information:

Electronic point of sale (EPOS) technologies are now widely used by retailers around the world.

(Definition of “electronic point of sale” from the Cambridge Business English Dictionary © Cambridge University Press)