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Investments glossary

Point of Sale (POS)

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Quotes of the day:

Old is gold, but new is platinum.

— Amit

Point of sale (POS), a critical piece of a point of purchase, refers to the place where a customer executes the payment for goods or services and where sales taxes may become payable. It can be in a physical store, where POS terminals and systems are used to process card payments or a virtual sales point such as a computer or mobile electronic device.

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