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

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.