POS Transaction Meaning?
A POS (Point of Sale) transaction refers to a purchase or payment made at the point where a customer completes a sale, typically at a checkout counter or through a digital system. It involves payment processing via cash, credit/debit card, or digital wallets, facilitated by a POS terminal or software. POS transactions are common in retail, restaurants, and e-commerce.
Synonyms for POS Transaction:
Checkout transaction
Sale processing
Payment transaction
Retail transaction
Purchase transaction
E-payment
Terminal transaction
Card swipe payment
Digital sale
Cash register transaction
Antonyms for POS Transaction:
Online transfer
Bank deposit
Wire transfer
Mobile payment
Direct debit
Recurring payment
Loan payment
Money withdrawal
Invoice settlement
Non-sale transaction
Short Sentence Examples:
The customer completed the POS transaction using a credit card.
Modern stores use digital POS systems for faster transactions.
POS transactions enable real-time updates to inventory systems.
She paid for her groceries through a POS transaction using her mobile wallet.
The cafe’s POS terminal handles both cash and card transactions seamlessly.