Point of Sale Terminal
/ˈpɔɪnt əv seɪl tɜːrmɪnəl/
Definitions
- (n.) An electronic device used at retail locations to process payment transactions, record sales data, and manage inventory, often regulated for compliance with financial and consumer protection laws.
The store upgraded its point of sale terminal to ensure secure credit card processing.
Forms
- point of sale terminal
- points of sale terminal
- point of sale terminals
Related terms
See also
Commentary
In legal contexts, terms governing point of sale terminals often appear in statutes and regulations addressing electronic payments, data security, and consumer rights; precise definitions help delineate device functions and applicable compliance requirements.
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.