Smart POS (Point of Sale)

byPaytm Editorial TeamLast Updated: August 19, 2025

Definition

POS stands for Point of Sale. A Smart POS is a modern payment device that supports card, QR, and contactless payments along with billing features.

Features

Unlike traditional machines, Smart POS devices offer inventory tracking, digital receipts, and multi-payment options.

Benefits

  • Faster checkout process
  • Supports multiple payment methods
  • Useful for businesses of all sizes

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