A Point of Sale (POS) is the point where a normal, retail transaction occurs and is recorded. This is the point where a customer makes a payment to a merchant in exchange for goods.
With the advent of Cloud Computing, POS was infused with software. This software could then be accessed through the internet.
In 2013, Clover Network Inc. (along with its parent company First Data Corporation) launched its state-of-the-art tablet-based POS System. Clover POS, has since its inception, emerged as an innovative design in the world of online transaction processing systems.