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POS is an abbreviation for ( Point-of-Sale, or Point of Service). The term is applicable to a retail shop or store, the checkout/cashier counter in the store, or a location where such transactions can occur in this type of environment
Nowadays, Point of Sale Software is as only good as its integration with the many popular software & services. Examples of such software would be accounting programs, where all of the daily activities and transactions would automatically imported into accounting without any labor on the user's end. With the booming popularity of online shopping, many businesses are choosing to operate on and off-line. Due to the lucrative market and the worldwide exposure without opening up a physical store, many are even selling exclusively online. For these businesses that operate in both environments, it is imperative that they both are in sync.