Point of sale, or POS, refers to the place where a retail transaction such as buying or selling of goods takes place. While point-of-sale systems used to be your traditional cash register, they can now be found in a variety of forms, thanks to digital technologies. A POS system software typically records an item’s price, tracks sales, accepts payments and generates a receipt. POSApt can do these aforementioned tasks flawlessly and even help out with important business operations.