EPOS

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EPOS (electronic point of sale)

a system for recording sales using sophisticated cash tills which record the total amount to be paid by a customer, provide them with itemized bills and simultaneously adjust the firm's STOCK records to assist the firm to plan its reordering of goods. EPOS is increasingly being used in supermarket checkouts, often linked to BAR-CODE scanners and providing for the direct debiting of customers' bank accounts for the total amount owing.

EPOS (electronic point of sale)

a system for recording sales using sophisticated cash tills that record the total amount to be paid by a customer, provide him or her with itemized bills, and simultaneously adjust the firm's STOCK records to assist the firm to plan its reordering of goods. EPOS is increasingly being used in retail outlets such as supermarkets. See EFTPOS.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

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CCR Services and XKS have provided the electronic point of sale system to the Centre of Vocational Excellence based at Preston College.

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Stanleybet shops will have new frontage this month and, now that the roll-out of electronic point of sale (EPOS) facilities to the original Hills estate has taken place, the task of updating Stanleybet shops, to bring the whole estate under one IT system, is expected to take three months.

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"In addition, we are looking to increase our product portfolio in areas such as electronic point of sale and document image processing."

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