Retail POS system

In retail, POS stands for point of sale. It’s where transactions happen whether a customer is checking out at the till, paying online, or using contactless methods. A POS system streamlines sales, tracks inventory and helps manage payments. It’s not just about transactions; it’s about making your business run smart and smooth. With the right POS system, you can offer your customers flexible payment options while keeping everything organised and efficient behind the scenes, even if you have shops in multiple locations.

Turn your mobile phone into a contactless payment device when you download the Point of Sale App. Use our card reader or terminal to give your customers multiple ways to pay and track your sales in one place with PayPal’s POS system.

A POS system in retail is a way to take payments and manage transactions and inventory all in one place. It’s what you use at checkout whether in store or online. A physical POS can be made up of a card reader, barcode scanner, cash register and receipt printer. Online a POS will be integrated into your online checkout, giving customers different options to pay.

A POS system can help you manage inventory and send you low order notifications, track transactions, understand which products are best sellers and which ones are moving slowly, tell you which customers are new and how many are returning, as well as manage staff rotas and customer loyalty programmes.

There are different POS systems for retail though they operate in a similar way. For retail stores a POS will typically be a physical point where customers can pay for goods, installed on a computer, terminal or register which can link to your POS software and keep track of sales. But retailers can also employ mobile POS systems.

For example, you can turn your phone into a mobile payment device within seconds by downloading Point of Sale App.¹ With PayPal’s POS card reader you can take payments wherever your customers are – on the shop floor or at special events.

Choose a POS system which best fits your needs now and in the future. Point of Sale System is modular so you can mix and match and upgrade any time. Start small when your business is new and add card readers and terminals as you grow. Pick the software and hardware that suits your business—cash registers, barcode scanners, receipt printers and more.

PayPal POS works across multiple locations and integrates with multiple e-commerce and accounting platforms to give you an all-in-one POS solution. It gives you the flexibility to manage your sales in one place and keep track of key performance metrics so you can make data-driven business decisions.

An integrated point of sale system is one that works seamlessly with other important e-commerce software. PayPal integrates with different e-commerce platforms to offer a streamlined sales and checkout solution. It also integrates with accounting software to help speed up reconciliation and help you stay on top of cash flow.

PayPal’s integrations enable you to keep your data in one place, making it easy to manage your business at any time.

A point of sale inventory system keeps track of all your inventory, so you always know how much stock you have. Manage your products in one place and minimise the time it takes to get started. Add categories, barcodes and photos. Set cost price, sale price and always know when you’re running low so you can reorder fast and not miss a sale.

Track your POS transactions from your PayPal POS dashboard in real time wherever you are. Simply log in and view your most recent transactions in your dashboard. See what your total sales volume is, what the average order value was and how much VAT is due by day or month. View your top selling products and activate gift cards to encourage shoppers and boost sales.