Definition of Point of Sale or POS

Point of Sale or POS means the Merchants system, or device for dealing with Cardholders and effecting Transactions, including but not limited to a Card terminal, integrated sales property, point of sale management solution, or Internet website interface.
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Examples of Point of Sale or POS in a sentence

This is generally a manual process involving the inputting of participant information into the Point of Sale (or POS) Book.
Purchaser acknowledges that Sellers point of sale equipment (Point of Sale or POS) operates on software that records or provides access to certain protected proprietary data, including, but not limited to, consumer credit card and accounting information.