Mankind has come a long way before reaching the age of sophisticate, well-rounded, and automated Point of Sale (POS) system. If business owners, nowadays, can process a sale right away with just a few clicks or swipe, there used to be a time when store managers rely on pencil and paper to record a sale or track the store’s inventory. Ecommerce Platforms
Why don’t we take a look at the humble beginnings of our mighty POS system so we can appreciate how far POS systems have become.
Mechanical cash registers which use a basic adding machine for computation first saw light in the late 1800’s. It is accompanied by a money box behind the counter. This is also the era of that famous iconic cash register “ring” that indicates a sale. Back then, store owners used to memorize prices of all products in his store and conduct an inventory of his stocks using his fingers, as soon as the store closes.
In the early 1900’s, an improved mechanical cash register can now compute and had a built-in drawer to store cash. This time, a price tag is already affixed at the product itself so there is no need for the store manager or any of his staff to memorize the prices of each products. Cash registers, at this point, already has the capacity to issue receipt, track sales, and can even indicate how much the customer’s change is.
Barcodes became a game changer in business operations when it was first used in 1960. The invention and use of barcodes paved the way for POS system which integrated sales transaction and inventory tracking. Electronic cash registers and calculators are the rave at this point. The use of barcodes enabled the store owner to electronically input prices of the products in the POS system which can be used in multiple cash registers. Learn more about POS
Consumers were granted with more shopping freedom starting in the 1980’s as credit cards enabled them to purchase product even if they do not have cash on hand. This new payment option gave the customer additional purchasing power. This decade also saw the use ofcomputerized POS systems with an attached credit card terminal for processing sales transaction using a credit card.
Today, who among us do not enjoy the perks of an automated POS system? As customers, we are able to save more time as modern POS systems efficiently process sales transactions, even remotely. Less room for human error but more room for personal interaction between the store attendant and the customers.