Point of sale means that point where the potential customer turns to customer, where the product on display turns to sale and company earns profit. Point of sale is basically the counters where the employee checks out the customer with bill and customer pays for the item and products in any form of payment. Businesses have gradually moved from the conventional cash registrars to the online Point of sale system. Point of sale system helps in gathering customer information such as phone numbers and email ids which can be further used for email and SMS marketing. Point of sale is also very efficient and fast and minimizes the human errors such as faulty calculations or sometimes bargaining. Advantages of Point of sale systems – Helps in keeping tracking of inventories as everything is online and cloud based therefore, businesses and firms can quickly check the inventory and stocks of their products. It keeps a track of their customers and helps in developing loyalty cards for the custome...