# Point of Sale, POS, and Point of Purchase, POP (so also said in German; more rarely Abwicklungsstelle)

- Canonical URL: https://www.gerhardmerk.de/point-of-sale-pos-and-point-of-purchase-pop-so-also-said-in-german-more-rarely-abwicklungsstelle
- Post ID: 592097
- Modified: 2023-07-25T21:12:33+00:00
- Language: en

## Definition

A place of business, branch, store. - The place where a transfer of means of payment in the form of cash or by means of a card) takes place (the location of a store where customers can pay for their purchases; the term is normally used to describe systems that record financial transactions such as electric cash registers or an integrated computer system that records the data that comprises a business). In the retail trade (CH: retail trade), the POS is usually connected to the checkout counter; at service stations, it is the cash register. - Cf. Monthly Report of the Deutsche Bundesbank of December 2013, p. 47 (Card payments with smartphones: mobile point of sale), Monthly Report of the Deutsche Bundesbank of June 2014, pp. 71 ff. (Cash withdrawals at the point of sale; detailed presentation; numerous overviews). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1