mPOS (Mobile POS) refers to mobile point of sale system which is the combination of software and hardware. This is an electronics device used by merchants for transaction in daily business life. Now a day’s mPOS machine is going to be key element in businesses just because of its cashless transaction function. Basically it is used in retail shops where customer likes perform transactions through Credit or Debit card. This is basically used in retail shop, grocery, food and beverage industry.
I think till now you have understood for what machine talking about. Even if you have doubt I give a example which help you to understand this clearly. Have you ever go to malls for shopping, or MacDonald’s for food, whenever you don’t have cash money, what you do? You preferred your credit or debit card for payment.