Point of Sale System
/ˈpɔɪnt əv seɪl ˈsɪstəm/
Definitions
- (n.) An integrated hardware and software setup used by a business to conduct sales transactions and maintain records, often implicating data privacy and consumer protection laws.
The retailer upgraded their point of sale system to improve transaction security and compliance with payment regulations.
Forms
- point of sale system
- point of sale systems
Related terms
See also
Commentary
In legal drafting, explicitly address data security and compliance aspects, as points of sale systems frequently involve sensitive customer information and regulated payment processes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.