| The "point of sale" (POS), or "checkout" as it is more | | | | standardization of the developing point of sale |
| commonly known as, refers to the location where a | | | | programs, aiming also to simplify interconnection of |
| transaction is made. The first known point of sale | | | | multiple POS devices (hardware and software). |
| program was developed by IBM in 1973 and made use | | | | Standardizations such as OPOS for Windows and |
| of electronic cash registers (ECR). The system utilized | | | | JavaPOS for Java are some of the products of this |
| relatively new technologies at the time such as | | | | initiative. OPOS, which stands for OLE (object linking |
| client-server and peer to peer communications, Local | | | | and embedding) for POS, was the first |
| Area Networks (LAN) for simultaneous backups and | | | | globally-accepted standard and was a product of the |
| remote initialization. A year after it was developed, it | | | | joint efforts of Microsoft, NCR Corporation, Epson, and |
| was already of great use to retail stores around the | | | | Fujitsu-ICL. JavaPOS was developed by Sun |
| United States. | | | | Microsystems, IBM, and NCR Corporation. These two |
| In 1979, another POS program was developed, this | | | | developments aimed to make the modern point of |
| time by Gene Mosher, which he used in his restaurant | | | | sale programs and point of sale hardware platform |
| business. His creative software ran on an Apple II | | | | independent. |
| computer and was programmed to receive customer | | | | The unfolding of the new millennium gave way to the |
| orders at the restaurant's entrance, and a copy with | | | | most advanced development of POS software yet. |
| full details would be printed inside the kitchen. This way, | | | | As a result, modern point of sale programs are all |
| customers received their food at their tables much | | | | expected to have fast and consistent speed, they |
| faster than any other restaurant. Mosher also | | | | should be reliable and easy to use, with |
| developed the first graphical touch screen point of sale | | | | multi-functionality, remote supportability, and can be |
| program in 1986 using an Atari ST computer and the | | | | bought at a much lower cost than ever before. |
| Neochrome bitmap graphics editor. | | | | Point of sale programs have come a long way since |
| In the post-1990s, the development of multi-functional | | | | the development of electronic cash registers. Today, |
| POS programs went hand-in-hand with the | | | | retailers can enjoy the benefits of point of sale |
| development of local processing power, local storage | | | | programs as a way of making business transactions |
| data, networking, and the graphical user interface. | | | | easier, faster, and free from unavoidable human errors. |
| Various POS programs were also developed for | | | | Most of all, point of sale programs are cost-efficient, |
| operating systems such as Windows and Unix. | | | | and often produce the highest return on investment |
| For the past two decades, vendors and retailers alike | | | | that a retail business owner could make into a |
| have been working on hardware interface | | | | technology solution. |