Hardware:
- POS Terminal/Computer: The main device where transactions are processed.
- Cash Register: For handling cash payments.
- Barcode Scanner: Used for scanning products.
- Receipt Printer: For printing customer receipts.
- Payment Terminal: For processing card payments (credit/debit).
- Customer Display: Often shows the customer the items being purchased and total.
Software:
- Sales Software: Manages the transaction process, calculates totals, taxes, and generates receipts.
- Inventory Management: Tracks stock levels and updates inventory automatically after each sale.
- Analytics/Reporting: Generates reports on sales performance, inventory, and customer behavior.
- Customer Relationship Management (CRM): Some systems integrate CRM tools to track customer preferences and sales history.