The phrases "point of sale" and "transaction processing system" represent two different, yet closely related concepts having to do with the sales function. Each term represents a distinct and vital ...

Yin and yang, life and death, Clark Kent and Superman. Some concepts are so intertwined that it’s impossible to imagine one without the other. Transaction processing (TP) and relational databases ...

What Is a POS System? Discover Its Benefits and Functions Your email has been sent Key takeaways: A POS system streamlines the transaction process and provides accurate, real-time data to improve ...

If your business accepts card payments, credit card processing fees are obligatory. These fees can cost vendors anywhere between 1.5% to 3.5% per transaction, but the rate depends on a variety of ...

Successful organizations large and small leverage available technologies to manage business activities and assist in making decisions. They use information systems to collect data and process it ...