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The first point of sale system was developed by the National Cash Register (NCR)—the company responsible for the majority of cash registers in the world today. The company integrated new technology, such as bar codes and scanners developed during the 1980s, to convert manual cash registers into mobile sale systems.

Square, Inc. has been an innovator in the PoS (Point of sale) space in recent times. It introduced hardware and software “to transform the checkout process and advance digital and mobile commerce by untethering sales from long lines and antiquated cash registers,” according to the company.

Its systems interface directly with the payment card networks, lifting the burden of maintaining compliance with rules and regulations of the payment industry off the shoulders of merchants. Business analytics in the company’s POS systems is also another attractive feature. However, this is a field with relatively low entry barriers—Square may have been the pioneer, but there are many competitors.

 

About the Company:

Tech Deal is one of the best Security product providers in Bangladesh. Pos point of sale, Barcode Scanner, POS Thermal Printer, POS Terminal, Model authorized Dealer in Bangladesh. You can buy Pos point of sale, Barcode Scanner, POS Thermal Printer, POS Terminal, etc. at a dealer price from Our head office (Dhaka Polton ) branch: IDB branch, Multiplan branch, Uttara Branch, Chittagong showrooms, Fokirapool Rahmania complex, Baitul mukarram.