Point of Sale

A point of sale (POS) is a designation where sales transactions occur. The most commonly known one is a cash register, but more modern technology can include Internet check out pages, such as on sites like Amazon, Barnes & Noble, or South n’ France.

A POS would not be a local garage sale with the exception of if a receipt was issued since a POS always offers a receipt, or voucher of some kid, distinguishing it from similar, but unlike, areas.

So, when a person buys a pack of gum at a stationery store, he or she is purchasing at a POS, but when that same person buys an automobile through a private party sale, that is not a (POS).

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