In this article we are focussing on the retailing definition where EPOS is an advanced register that is used to ‘ring up a sale’ and manage store operations. However, those working in the payments industry, including merchant service providers, refer to payments acceptance devices as POS terminals.ĮPOS therefore always refers to a computerised retail store system, whilst a POS or SmartPOS can either be an abbreviation of EPOS or describes a payment terminal (POS terminals run Linux or proprietary legacy operating systems, while new generation SmartPOS run Android). They include a range of devices from simple ECRs to highly sophisticated store systems used by large retailers (Tier 1). A retailer (and retail systems provider) will typically shorten EPOS to POS as all Point-of-Sale devices are electronic these days. The confusion starts dependent on who you are asking. These two terms sound the same and are frequently confused, in fact they refer to two different product categories. What is the Difference between a POS and an EPOS? They are an incredibly powerful tool for managing a retail business and have come such a long way since Ritty’s invention of the original ‘ incorruptible cashier’ back in 1879 and the electronic cash registers (ECR) that independent retailers relied upon for decades. EPOS terminals typically manage product sales and pricing, inventory levels and reordering, record keeping and business reporting, employee monitoring, customer activity, payments and much more.
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This enabled the development of a multitude of vertical sector specific EPOS applications from independent software vendors (ISVs). The first models were launched back in the 1970s by IBM, NCR and ICL, but the rapid growth only came with the launch of Microsoft Windows and the arrival of graphical user interfaces in the 1990’s.
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Robert McLaughlin, Sales Director, PAX UKĬontinue reading or download in PDF formatĪn EPOS terminal is a computerised cash register that packages a range of hardware and software features and delivers integration to further software applications and systems.
Growth in demand for EPOS Registers from SMEs
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