Digital Sale Point

Abstract

The Digital Sale Point or point of purchase (POP) is the time and place where a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed but can also be dispensed with or sent electronically. This project entitled “Digital Sale Point” is an attempt to create an electronic Point of Sale system which is a self-contained computerized equipment that performs all tasks of a store check counter like payments, transaction verifications, report generation, inventory management and other day-to-day operations in a simplified and optimized fashion. It enables retailers to carry out day-to-day operations in a simplified and optimized fashion. The systems simplify the manner in which sales transactions are generated, inventory is tracked, new inventory is ordered. Overall, the systems enable the retailer to manage complete in-store operations to improve the customer experience, extend operational efficiencies, and maximize profits. Point-of-sale capabilities include fulfilling and returning web-generated orders and purchases, accessing cross-store inventory to save the sale, and enhancing the consumer experience with functionalities such as loyalty programs, and convenient emailed receipts