EPOS
Business & Finance abbreviation · E-commerce & Retail
| Stands for | Electronic point of sale |
|---|---|
| Categories | Business & Finance |
EPOS stands for Electronic point of sale, an e-commerce & retail abbreviation.
British and European term for a computerized checkout system that scans items, processes card payments, prints receipts and records sales and stock movements in real time.
Example: Every branch runs the same EPOS, so head office sees sales by the hour.
Usage notes
The "electronic" distinguished these systems from mechanical cash registers when they spread in the 1980s. In the US the same systems are simply called POS.
Related abbreviations
More e-commerce & retail abbreviations
- COD – Cash on delivery
- CPG – Consumer packaged goods
- CRO – Conversion rate optimization
- DOA – Dead on arrival
- EAS – Electronic article surveillance
- EDLP – Everyday low pricing
- EUC – Excellent used condition
- FBA – Fulfillment by Amazon
- FBM – Fulfilled by merchant
- FMCG – Fast-moving consumer goods
- FNSKU – Fulfillment network stock keeping unit
- FOC – Free of charge