What Is a POS System?

Tiziano Nessi | January 11, 2021

By Tiziano Nessi The point of sale (POS), historically known as the cash register, was invented by an Ohio saloon owner in 1879 in order to stop theft from employees and guests. Today, the physical need to store and safeguard pennies, nickles and dimes is over. In some restaurants nowadays cash registers are actually cashless, e.g. the chain Natural Kitchen in London. POS are mandatory for fiscal reasons in every country. Storing the articles' names and prices in these devices has speeded up and improved the service provided to the clients. POS, used in retail and F&B, is the sister of the Property Management System (PMS) used in ho...