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What is a POS System and How Does It Work?

Razorpay

POS systems are the central hub for managing customer purchases, processing payments, and issuing receipts, and can be used in a variety of settings including physical stores, online stores, food trucks, and reception desks. It deducts sold items from available stock in real-time. It should be stocked and replaced when needed.

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What is Point Of Purchase? Meaning, Types of POP Displays and Examples

Razorpay

For example, A cosmetics retailer might offer live makeup demos, allowing customers to see the products in action and increasing engagement and sales. These displays are often placed near the entrance or high-traffic areas to maximise visibility and encourage customers to stock up on seasonal items.

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POP vs POS: Understanding the Differences

Razorpay

Youve seen POP displays in action: banners, demo counters, standees, or shelf talkers highlighting discounts or product benefits. A complete POS setup also includes software that helps you track sales, manage stock, generate invoices, and monitor daily performance. Take a moment to assess your business needs.

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