Electronic Point of Sale (ePOS) equipment include products used in the electronic processing of financial transactions in the retail, hospitality and banking markets. The different products in this space are card payment terminals and electronic cash registers.
The point of sale (POS) is the last step of a complex logistics process ending with a sales transaction. Merchandise is tracked at warehouses and retail outlets by reading barcodes and RFID tags. Barcode scanners and HF and UHF RFID readers are widely used for this purpose.
In addition, currency detectors such as coin and bill validators are used to protect against the acceptance of counterfeit cash used for payment at points of sale, including self-checkout machines.
ST product portfolio is particularly well suited to support product development for all of the above applications. It includes a large offer of components used for payment systems including barcode scanners, short- and medium-distance connectivity RFID tags and readers, power management devices, and motor driver ICs as well as contact and contactless banking card interfaces.