mPOS (mobile point of sale)
mPOS (mobile point of sale) is the ability for a customer transaction to be documented by a smartphone or tablet instead of by a
traditional checkout register or other point-of-sale
mPOS allows business owners to conduct transactions on-the-go without investing in physical cash
registers. Several companies have developed mobile card readers, including PayPal Here, Square, Intuit GoPayment
and VeriFone PAYware Mobile e100. Transactions are carried out by using mobile card readers that
plug into a mobile device's audio jack to accept credit cards. The mobile apps that support such
readers often have interfaces that resemble traditional cash registers.
See also: Square, wireless point
of sale, mobile
Contributor(s): Emily McLaughlin
This was last updated in September 2013
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