P.O.S SYTEM

BYTHEODORE ROBINSON

What is a P.O.S System?

• point of sale often refers to a POS terminal or more generally to the hardware and software used for checkouts – the equivalent of an electronic cash register.

why was the P.O.S System was made?

• Easy way to calculate how much the food is going to be.

• A faster way of giving the costumer there money back.

• Now the system is uses to count food cost in the restaurant and employee hours.

• Make service a lot easier for the sever.

When was made the P.O.S Systems was made?

POS systems came out in the first half of the 20th century. Examples of this type of register were the registers, operated by a crank, and the lever-operated Burroughs registers.

These registers recorded data on journal tapes or paper tape and required an extra step to transcribe the information into the retailer's accounting system.

1973 was a new year for P.O.S Systems.

• In 1973 new registers that were driven by computers were introduced, such as the IBM 3653 Store System.

• 1973 also brought about the introduction of the UPC/EAN barcode readers on the POS systems.

Credit Cards

The first credit card charge was made on February 8, 1949 by Frank McNamara, Ralph Schneider, and Matty Simmons at Major's Cabin Grill, a restaurant adjacent to their offices in the Empire State Building.

• During the late 1980s and throughout the 90s stand-alone credit card devices were developed so credit card processing could be more easily and securely added.

Good and the Bad about a P.O.S System

• The right point of sale (POS) system can have a dramatic effect on your retail or hospitality business, giving you a new level of control over your operations, increasing efficiency and boosting profits.

• If the Point of sales (P.O.S) system shut down off or break, it will take days and money to fix.

THE ENDhttp://en.wikipedia.org/w/index.php?title=Point_of_sale&diff=288307941&oldid=288307903

http://en.wikipedia.org/wiki/Frank_X._McNamara