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PAX Technology S90 credit card terminal with a Visa card inserted.. A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly" [1]), is a device which interfaces with payment cards to make electronic funds transfers.
Manual card imprinter Another type of manual card imprinter (Janome M220) with a smaller sliding handle. A credit card imprinter, colloquially known as a ZipZap machine, click-clack machine or Knuckle Buster, is a manual device that was used by merchants to record credit card transactions before the advent of payment terminals.
The TRANZ 330 is a popular point-of-sale device manufactured by VeriFone in 1985. The most common application for these units is bank and credit card processing, however, as a general purpose computer, they can perform other novel functions.
Normally, an employee is watching over several such checkouts to prevent theft or exploitation of the machines' weaknesses (for example, intentional misidentification of expensive produce or dry goods). Payment on these machines is accepted by debit card/credit card, or cash via coin slot and bank note scanner. Store employees are also needed ...
Verifone has sold numerous point-of-sale credit card reading products, including the ZON Jr (1984), Tranz 330 and ZON Jr XL(1987), Omni 460 (1991) and Omni 3200 (1999) which were the most successful transaction terminals of their times. [50]
The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed.At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment.
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