Here are the key features of modern POS systems:

1. Sales Processing & Transactions

• Supports multiple payment methods (credit/debit cards, mobile payments, cash)
• Split payments and partial payments
• Refunds, discounts, and promotions
• Customizable receipts (printed, emailed, or SMS)
• Offline mode for transactions without internet

2. Inventory Management

• Real-time stock tracking
• Low-stock alerts and automated reordering
• Product catalog with variations (size, color, etc.)
• Barcode scanning for quick checkouts
• Supplier management for streamlined ordering

3. Customer Management (CRM)

• Customer profiles with purchase history
• Loyalty programs and rewards tracking
• Email marketing and personalized promotions
• Gift card and store credit management

4. Employee Management

• User roles and permissions
• Employee time tracking and shift management
• Commission tracking for sales teams
• Sales performance reports per employee

5. Reporting & Analytics

• Sales reports (daily, weekly, monthly)
• Inventory valuation and turnover reports
• Profit and loss analysis
• Customer insights and behavior trends
• Real-time dashboard for business overview

6. Multi-Location & Omnichannel Capabilities

• Sync inventory and sales across multiple stores
• Centralized management for franchises or chains
• Integration with e-commerce platforms
• Click-and-collect or curbside pickup options

7. Hardware Compatibility

• Works with cash drawers, receipt printers, barcode scanners, and card readers
• Tablet-based or traditional terminal options
• Cloud-based or locally installed systems

8. Security & Compliance

• PCI-DSS compliance for secure payments
• End-to-end encryption for transactions
• Role-based access control
• Data backup and recovery options

9. Integrations & Add-ons

• Accounting software (e.g., QuickBooks, Xero)
• E-commerce platforms (Shopify, WooCommerce)
• Third-party payment processors
• Marketing and loyalty apps