What is a web-based POS software?

POS or Point-of-sale software is software that is used to store the time and place for the purchase that has been made by a customer. It is usually used at stores and shops. It is utilized to store and maintain records of all the purchases made at that store. 

With the use of POS, there is no need for price tags as it acts like a much effective substitute. The merchant or the person in charge of a retail store is responsible for carrying out a POS transaction. It ensures that a customer has satisfactorily made a purchase.

Web-based POS software: It is software that is used in the retail industry, especially in retail stores to keep a check on records about the customers' purchases and then accordingly store that information in a database that belongs to the company owning the store. POS software not only keeps a track of the customer's purchase but it also helps to determine the frequency of demand for a particular product that has been sold by the store.

By using POS software, it becomes easier for a company to carry out its business that caters to the needs and requirements of its customers efficiently. The most important aspect of POS software is its user interface. The user must understand the system before it can be used.

Types of Buyers: Based on the type of buyers, the POS software can briefly be classified into three categories which include:

1) Simple Systems: For small businesses with simple POS.
2) Enterprise Systems: For large companies with some extra functionality.
3) Cellular Retailers: For cellular and telecommunications businesses.

Components of a POS system: A POS system consists of Hardware as well as software components that are responsible for it to work. The Hardware components include:


  • Monitor
  • Barcode Scanner
  • Card Reader
  • Receipt Printer
  • Cash Drawer


The software components of the system include:

  • Internet Access
  • Database
  • User Interface


How does a POS System operate?

1) The customer selects a product and goes to the payment counter.
2) Payment counter processes the transaction by scanning the product’s barcode.
3) All the necessary details about the product and the price to be paid are shown.
4) The customer is asked about the preferred mode of payment.
5) The payment transaction is accordingly carried out.
6) A receipt of the successful transaction is generated.
7) Receipt along with the invoice about the purchased product is provided to the customer.

Some of the features of POS software have been mentioned below:

1) Customer Experience Management
2) Inventory and Stock Management
3) Sales Reporting
4) Employee Management

To sum up, it can be said that POS Software aims to make the transaction process with the customer easier for any business organization. It also makes it possible to know about the needs of the customer and can thus help in the process to provide them with the same. It also simplifies the aspect of initiating business and helps to fulfill marketing goals.

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