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Dorsey says they started off just taking credit cards, but decided to build POS system which also takes cash and checks.
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About the guest blogger: Lisa Falzone is the Founder, President and CEO of Revel Systems, a full blown POS system for retail and restaurant locations.
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However the smart POS system running on a smartphone or tablet, integrates both independent processes into a single app on a single device, capturing important business intelligence with every transaction.
FORBES: Mobile: The Biggest Change To Hit Retailing In 50 Years
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If a retailer is big enough and powerful enough, it can often dictate that new technology be used along the supply chain to work seamlessly with its own cutting-edge POS system.
BBC: How 'point of sale' became much more than a fancy calculator
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Alex Gregg, a waiter at Paola's on the Upper East Side who's waited tables for more than 40 years, says he's morphed into a tech whiz manning the sophisticated POS system, taking reservations on OpenTable, checking customer preferences on databases, even Googling patrons when he can't match a name to a face.
WSJ: Tips for Waiters
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That first computerized register, known as a point-of-sale, or POS, system, wasn't hooked into the Internet.
WSJ: Hackers New Target: Small Firms With Lax Security
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The CTO did not believe that AirTag could build a mobile application that would work with its Point of Sale (POS) system.
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The Starbucks associate selects mobile as the tender in the point of sale system (POS), and prompts the consumer to use the customer facing imager (the same as those used in airports to read boarding passes).
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The program could be used by anyone who knew the password, and he had picked an especially weak one: "pos, " a common nickname for the cash-register software that was also the system's user name.
WSJ: Hackers New Target: Small Firms With Lax Security
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At that time, we were installing our POS systems for our clients or were simply providing the software for our customers to install the system themselves.
FORBES: Connect