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Leokris [45]
1 year ago
15

An example of a point-of-sale (POS) terminal is making a payment at the grocery store and having the system transfer funds from

your account to the store's account.
Business
1 answer:
aleksandr82 [10.1K]1 year ago
4 0

An example of a point-of-sale (POS) terminal is making a payment at the grocery store and having the system transfer funds from your account to the store's account: TRUE

<h3>What is a  point-of-sale (POS) terminal?</h3>
  • A point of sale, often known as a point of purchase, is where you charge customers.
  • Customers are at the point of sale when they check out online, come up to your checkout counter, or select an item from your stand or booth.
  • A point-of-sale system is hardware and software that allows our company to make sales.
  • A point-of-sale (POS) terminal is a hardware system used to accept credit cards at retail businesses.
  • The device includes software for reading credit and debit card magnetic strips.
  • Making a payment at the grocery shop and having the system move funds from your account to the store's account is an example of a point-of-sale (POS) terminal.

Therefore, the statement "an example of a point-of-sale (POS) terminal is making a payment at the grocery store and having the system transfer funds from your account to the store's account" is TRUE.

Know more about point-of-sale (POS) terminals here:

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The complete question is given below:
An example of a point-of-sale (POS) terminal is making a payment at the grocery store and having the system transfer funds from your account to the store's account. TRUE or FALSE

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