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POS System Components 3

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POS System Components in Detail - Page 3

Cash Drawers - This is where the cash and checks for transactions are stored. It's important to make sure that you select a cash drawer that has sufficient bill and coin slots to meet your needs. Another popular featurePOS Cash Drawer with Currency of some cash drawers is a media slot in the front, which allows you to store checks in the drawer without opening it.

Cash Drawer with Media SlotWhen selecting a cash drawer, you need to be concerned about the quality and durability of its construction. Of all the equipment that makes up a POS station, the cash drawer is the one that receives the most use and abuse. Make sure the drawer will fit comfortably in or on your station countering. Brackets for under counter mounting are available for most models.

Commonly, opening the cash drawer is done by a signal from the receipt printer that a receipt is printing.  It requires a cable from a special port on the printer to the drawer. The cable must match the wiring scheme of the printer manufacturer. With the shift from cash and check transactions to credit card transactions, many POS software packages have been adapted to open the cash drawer via USB port - only on transactions where cash is tendered. This increases both security and the life of the drawer. But don't worry; most drawers come with a keyed lock that allows access to the cash drawer for change-of-shift and other administrative requirements.POS Customer Display

Pole Displays or Customer Displays - These devices provide feedback price and product data to the customer. There are a variety of sizes, illumination methods, amount of data displayed and connection methods, but the most import aspect of the pole display is how it looks to the customer during the transaction.

Credit Card ReaderMagnetic Stripe Card Readers - If your POS system software is set up to process credit cards, you'll need a credit card reader. Commonly known as a magnetic strip reader, this device decodes the information required for the credit card transaction - stored on Tracks 1 and 2 of the black magnetic stripe on the back of the credit card. There are a variety of models available. Slim models attach to the monitor, or stand-alone units that sit on the counter or cash drawer.

Signature Capture / Transaction Terminals - Signature capture terminals give you the ability to eliminate the process of getting the credit card receipt signed. TheSignature Pad with MSRSignature Pad total of the transaction is displayed on the screen, and the customer signs his name. The signature converted into an image that is stored in the POS software database. Many of these devices are "Transaction Terminals" because they also include a Magnetic Stripe card reader. These devices increase efficiency and allow the customer to complete the full transactions. Expect to pay over $200 for a simple signature capture pad, upwards of $900 for a full transaction terminal.

Check out POS Components 4 for more POS System components.

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