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electronic point of sale

   Also found in: Acronyms 0.04 sec.

electronic point of sale

System used in retailing in which a bar code on a product is scanned at the cash till and the information relayed to the store computer. The computer will then relay back the price of the item to the cash till. The customer can then be given an itemized receipt while the computer removes the item from stock figures.

EPOS enables efficient computer stock control and reordering as well as giving a wealth of information about turnover, profitability on different lines, stock ratios, and other important financial indicators.


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In this position, Lee heads the company's retail pharmacy benefits manager (PBM), Tmesys, which provides electronic point of sale prescription claim review, and the PMSI Home Delivery pharmacy, which specializes in long-term drug therapy and pain management needs, delivering medications direct to door for injured workers nationwide.
The QX720 can be mounted at the payment window, where it interfaces with via a small junction box with electronic point of sale systems and existing VeriFone payment systems such as the VeriFone MX870 or the Vx Solutions family.
Coverage includes ceilings, counters, display equipment, doors, dressing rooms, electronic display equipment, electronic point of sale equipment, epos equipment, floor coverings, flooring, furniture, heating & ventilating equipment, internal wall cladding, lighting, raised access flooring, shelving, shop facias, signs, suspended ceilings, wall cladding, and windows.
 
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