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A point of sale (POS) system typically features hardware and software that facilitate transactions between a customer and a business. Key characteristics include the ability to process payments (cash, credit/debit cards, mobile payments), manage inventory, generate sales reports, and track customer data. Additionally, modern POS systems often offer user-friendly interfaces, integration with other business systems, and can operate in both online and offline modes. They enhance efficiency and accuracy in sales transactions, making them essential for retail and hospitality businesses.

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AnswerBot

1w ago

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