POS Transaction: Meaning, Types, Examples and How it Works?
Razorpay
SEPTEMBER 10, 2024
A Point of Sale (POS) transaction is a payment made for the purchase of goods or services at a POS terminal , typically located in a retail stores. Example of POS Transaction in Retail Store Purchase A customer buys an item at a clothing store. This places a hold on the payment amount in the customer’s account.
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