Buyer's Guide for Top POS Machine

Found our list of POS Machine helpful? We’re here to help you make the right choice and automate your business processes. Let’s discover some of the essential factors that you must consider to make a smarter decision!

Buyers Guide Content

  1. What is Point of Sale Machine?
  2. Who Needs POS Machine?
  3. How to Use POS Machine?
  5. Components of a POS Machine
  6. Basic Functions of POS Machine
  7. List of POS machine manufacturing companies in India

What is Point of Sale Machine?

A POS machine is a great way to process customer and vendor payments via multiple sources and keep a record of those. While some businesses work entirely on the basis of detailed purchasing contracts with vendors, others have to manage transactions individually.

The point of sale machine is a combination of tools that enable you to streamline all business processes associated with sales. Further, the setup of the POS machine at your store is likely to vary from others depending upon the payment methods you accept and the way you record sales. They need to deal with cash, cheque and card payments on a day-to-day basis to make and record sales.
If we get back to the basics, a Point of Sale machine is a computerized replacement of cash registers, as store owners can manage their sales & transactions electronically. 

Who Needs POS Machine?

Both new and established businesses chose to invest in a POS device to boost efficiency. Advanced reporting and sales transaction features make the system totally necessary for any business which has to manage transactions, contacts and inventory items. Retail merchants and owners of restaurants, supermarkets, pharmacy or any other store view it as the one-stop solution to manage online and face-to-face payment.

How to Use POS Machine?

A store may have one or more POS terminals depending upon the need. Usually, every Point of Sale terminal consists of a receipt printer, a card sweeper, a barcode scanner and a cash drawer. All Point of Sale terminals is connected to a single server, creating a central record of all transactions occurring at a store. There is almost an endless number of equipment that can be added to a point of sale terminal to meet your store’s unique needs. Once the POS device has been set up in combination with all essential tools, the person managing the check-out counter just has to scan an item and all related data will be stored automatically at the main server. Also, the price of every item starts reflecting on the screen as soon as the price tag is scanned via a barcode scanner. The inventory status of your store can also be updated automatically when an item is sold, exchanged or returned.


Micro ATM Machines For Digital Payment

Complete Retail Pos System



Components of a POS Machine

The point of Sale systems consists of different components and hardware which work together towards ensuring smooth sales transactions and inventory control. You can buy different POS hardware individually or in combination. Here’s a guide to understanding the functions of different POS components.

Barcode Scanner

A Barcode scanner is a flat glass placed near the cash register, which is used to capture the bar code of every item with a laser beam. Most of the bar code scanners are handheld, allowing the counter person to scan every item conveniently irrespective of their size or weight. A bar code scanner is a handy tool for tracking inventory status as well. It deciphers the information about every item and updates the inventory database on POS software.

Cash Drawer

The cash drawer is an essential peripheral of any card swipe machine. It is where cashiers often store receipts, notes, coins, and other paperwork. While buying the POS software, look for a sturdy option that can withstand constant opening and closing. Also, it should not open manually but when programmed to open via digital commands. This is important to prevent pilferage at your store.

Receipt Printer

You have different options for the POS printer, such as serial dot-matrix printer and thermal printer. Serial dot-matrix printers usually cost less initially but Bluetooth thermal printers are faster and quitter to use. Whichever model of POS printer you choose, make sure that related supplies like receipt paper or printer ink and ribbons are always in stock.

Label Printer

POS label printers are used to deliver labels and barcodes on demand. Merchants across different industries, such as food service, manufacturing, and pharmacies use a POS printer for ticketing, source labeling and more.

Customer Pole Display

Though it’s optional, customer pole display is a great way to ensure transparency in transactions. Customers can view transaction totals along with the amount offered. You can also feed customized messages on the customer pole display, depending upon your store needs.

POS Computer

POS computer or CPU is the main component that runs the POS machine. Your POS computer can either have a standard operating system or pre-loaded proprietary software to run the machine. Higher the processing power of your CPU, the faster will be the transaction speed.

Signature Capture Devices

Some signature capture devices work well with credit and debit cards along with gift cards and other loyalty programs. Using the card swipe machine, you can make transactions more streamlined and reduce the costs associated with unnecessary paperwork.

POS Monitor

When it comes to the POS monitor, you can opt between Flat-panel LCD monitor and CRT monitor. However, LCD monitor consumes less space compared to the other option.


If you have not opted for the POS monitor with a touchscreen facility, you need to buy a keyboard. POS keyboards vary in terms of complexity and features, with some of them coming with special functions. Depending upon your store needs, you can buy the standard 101-key model or industry-specific POS keyboards.

Basic Functions of POS Machine

Are you still in doubt about investing in the latest POS machines? Here’s a list of POS functions that will propel you to invest right away.

Streamlined Accounting & Reporting

POS machines help in eliminating any unnecessary step in data entry and makes all sales-related data available at your fingertips. With streamlined reporting, every information will be readily available to make decision-making easier. Also, sales transactions through all possible mediums, be it net banking, card payments or via cash can be tracked and managed with the POS machine. So, no transaction detail will fall through the cracks, as details related to item price, discounts, mode of payment, etc. will be stored at one location. 

Perpetual Inventory

POS device also helps in staying up-to-date with the current inventory level in your store. You can monitor the orders coming in and the sales going out so that your inventory level is up-to-date. This can also help in saving costs by ordering products only at the time when you need those at the store, considering the current sales statistics. With the ‘Just in Time’ ordering pattern, your cash will no longer be tied in excess inventory.

Physical Inventory Management

POS machines can be useful in physical inventory management too. You can count the items in your store physically and compare it with your perpetual inventory status available on the POS machine. This way, you can better track lost or misplaced products.

Payment Gateway

With a dynamic payment gateway, you can accept payments through credit/debit card at your store. Also, transactions can be performed across websites and mobile applications, ensuring faster and hassle-free payment with complete ease for the customers.

Customer Relationship Management

There is more to a successful business than managing transactions. It’s about fostering a relationship with customers and a POS machine can help with that. POS system allows you to track the purchase history of your customers and predict what new products might appeal to them. Also, customers’ purchase history assists in identifying their needs, and you can design loyalty programs accordingly to ensure repeat visits.
Mobile Point of Sale: Mobile-friendly POS machines enable collecting payment from customers at your store directly via mobile. Just ensure that your POS device adheres to the EMV (Pin & Chip) guidelines and PCI-DSS standards to promote transactions via net banking, Visa/ Master cards.

POS in the Hospitality Industry

The POS machine’s functions are not confined to managing transactions. It can also be used to handle other complex tasks in the hospitality sector like printing tickets for the kitchen crew in restaurants and tracking serving tips, catering charges and so on. Also, you can set recipes for standard dishes, and as soon as an order for a dish is placed, you will get to know how it affected your ingredient level.

List of POS machine manufacturing companies in India

  • Sunmi V1
  • Sunmi T1
  • Airpay Mobile POS
  • Posiflex Jiva XT-2614Q
  • Rugtek POS Printer (RP80)
  • NGX Billing Machine (Bill Star)
  • Nukkad Shops
  • Snapbizz turbo
  • Mswipe Wisepad
  • Rugtek Cash Drawer (CR410)
  • More Related Retail Pos Machine, Distribution & Logistic System Software
  • Retail POS Software
  • Retail ERP Software
  • Invoice Billing Software
  • Retail Billing Software
  • Barcode Scanner

Author: Kalpana Arya

POS Billing Machine

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Mswipe Wisepad Machine

By Mswipe

4.3 (4 reviews)

Starting Price


Inclusive of all taxes

Mswipe Wisepad is a miniature card swiping machine to enable the paperless transaction. The Mswipe POS machine gives th... Read More About Mswipe Wisepad Machine

Clonet POS

By CloNet

4.8 (10 reviews)

Starting Price


Inclusive of all taxes

Clonet POS is a web-based Point Of Sale (POS) solution for small scale enterprises that are operating in the retail and... Read More About Clonet POS

Essae POS-415

By Essae-Teraoka

4.0 (3 reviews)

Price On Request

Essae POS-415 is an advanced POS machine for the Indian retail market. It utilizes a robust Intel Quad Core Processor... Read More About Essae POS-415

Posiflex CR 4000 CASH DRAWER

By Posiflex

4.2 (2 reviews)

Price On Request

Posiflex CR 4000 is a medium-sized cash drawer equipped with a printer and used as integrated hardware. It has a tamper... Read More About Posiflex CR 4000 CASH DRAWER

A. If you have an online identity, accepting payments through cards and net banking would be easier. However, if you don’t have your own website yet, you can still accept payments online through mobile POS solutions.

A. Any online payment gateway has quite a simple interface and is easy to use. Additionally, you would get free assistance from your vendor to address any query you have while using the product.

A. You will get login credentials to access the merchant interface on your Point of Sale terminal, where you can view transactions, orders, returns along with day-wise sales summary and reports.

A. With most of the POS terminals, you are likely to get money in your bank account within two working days from the date of order reconciliation.

Snapbizz POS Billing Machine

By Snapbizz

4.9 (5 reviews)

Starting Price


Inclusive of all taxes

SnapBizz POS billing software is a cloud-based solution that is designed specifically for kirana store (grocery shop)... Read More About Snapbizz POS Billing Machine

Posiflex PS-3316E

By Posiflex

4.3 (5 reviews)

Price On Request

Posiflex PS-3316E is a POS device that is developed to speed up the billing process of an average retail store. The de... Read More About Posiflex PS-3316E

Apexa G POS Terminal

By POSBank

Price On Request

Apexa G POS Terminal is a complete POS Machine designed to serve Startups, SMBs, SMEs and Agencies. This POS Machine for... Read More About Apexa G POS Terminal

Mosambee mPOS

By Mosambee

4.5 (5 reviews)

Price On Request

Mosambee mPOS is swipe machine offering comprehensive payment solutions for transactions completed using credit and deb... Read More About Mosambee mPOS

Posiflex Jiva XT-2614Q

By Posiflex

4.4 (2 reviews)

Price On Request

Posiflex Jiva XT-2614Q feature widescreen screen display, true-flat PCAP touch supporting multi-touch, energy-efficient... Read More About Posiflex Jiva XT-2614Q

Posiflex MT4008 A

By Posiflex

4.5 (4 reviews)

Price On Request

The MT-4008A is a mobile POS specifically designed for both the retail and hospitality businesses. It is a 10” tab... Read More About Posiflex MT4008 A

Palmtec Android

By Softland India

4.4 (1 reviews)

Starting Price


Inclusive of all taxes

Palmtec Android is an Android PDA with inbuilt Thermal/Dot-matrix variances and Backend web application. It provides fea... Read More About Palmtec Android

Sunmi P2

By Shanghai Sunmi

4.0 (1 reviews)

Starting Price


Inclusive of all taxes

Sunmi P2 is a complete POS Machine designed to serve Startups, SMBs, SMEs and Agencies. This POS Machine for has a simpl... Read More About Sunmi P2

Apexa Prime POS Terminal

By POSBank

Price On Request

Apexa Prime POS Terminal is a complete POS Machine designed to serve Startups, SMBs, SMEs and Agencies. This POS Machine... Read More About Apexa Prime POS Terminal

mSwipe Wisepos Neo

By Mswipe

Starting Price


Inclusive of all taxes

mSwipe Wisepos Neo is a POS Machine commonly known as a card swiping machine basically comes with an android version th... Read More About mSwipe Wisepos Neo

Paytm POS Machine

By Paytm

4.8 (12 reviews)

Starting Price


Inclusive of all taxes

Paytm POS is a point of sale software that facilitates retail management efficiently. Paytm Swipe Machine also offers... Read More About Paytm POS Machine

Cash Drawer HS-410A

By Essae-Teraoka

4.7 (1 reviews)

Price On Request

HS-410A Cash Drawer is a metallic cash drawer with 5-Bill & 8 Coin plastic tray along with Lock and Key.... Read More About Cash Drawer HS-410A


By Ezy Business

Price On Request

EZY POS 100 is a complete POS Machine designed to serve Startups, SMBs, SMEs and Agencies. This POS Machine for has a si... Read More About EZY POS 100

Nukkad Shops

By Nukkad Shops

4.3 (12 reviews)

Starting Price


Inclusive of all taxes

Nukkad Shops is a retail POS software that can help business owners stay on top of the retail business game. It assist... Read More About Nukkad Shops

Oxigen Micro ATM

By Oxigen

4.8 (6 reviews)

Starting Price


Inclusive of all taxes

Oxigen has taken a step forward in the field of Financial Inclusion by partnering with RBL bank and introducing its new... Read More About Oxigen Micro ATM

Bijlipay Mobile POS

By Skilworth Tech

3.9 (4 reviews)

Starting Price


Inclusive of all taxes

Bijlipay Mobile POS machine is a dynamic and handy POS machine that works in combination with a smartphone for end-to-... Read More About Bijlipay Mobile POS

Last Updated on : 04 Oct, 2022

What is POS Machine?

A POS machine means Point-of-Sale Terminal, which is a hardware used to process card payments. It is a great way to process customer and vendor payments via multiple sources and record those. POS Software is embedded in the hardware to read magnetic strips of credit and debit cards.

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POS Machine Price List In India

POS Machine Cost
Best POS Machine Price Ratings
Mswipe Wisepad Machine ₹2089 4.2
Clonet POS ₹23364 /Year 4.7
Snapbizz POS Billing Machine ₹14514 /Lifetime 4.8
Palmtec Android ₹18163 Lifetime 4.4
Sunmi P2 ₹18000 4
Paytm POS Machine ₹8500 4.7
Nukkad Shops ₹46704 Lifetime 4.2
Oxigen Micro ATM ₹15930 Lifetime 4.8

POS Machine Reviews


Shashi Kumar

review for Mswipe Wisepad Machine


"Useful tool to print bills. Can connect its merchant app with PC also."

See All Mswipe Wisepad Machine Reviews


Prashant sharma

review for Clonet POS


"ClonetPOS makes it easy to complete transactions and show the data to our comparisons. We can easily find that this month my business running in loss or profit by comparing."

See All Clonet POS Reviews


Saket Bisht

review for Essae POS-415


"Comes with a touch screen terminal with the inbuilt printer, long time warranty and support."

See All Essae POS-415 Reviews



review for Posiflex CR 4000 CASH DRAWER


"I can only recommend this service. Everything went smoothly. Great customer service. For me 5*"

See All Posiflex CR 4000 CASH DRAWER Reviews



review for Snapbizz POS Billing Machine


"First time buyer from Techjockey. Will be looking for a couple of other downloads soon. Techjockey will be the first one i use. 100% good. "

See All Snapbizz POS Billing Machine Reviews

FAQs About POS Machine

A. Yes, top POS terminals allow you to hold the remittance to your merchant bank account until you send the instruction to release the payout. However, you need to check with the vendor if this facility is pre-built or available on demand.

A. Yes, you can process refund to the customer’s account even after a successful transaction is done in your merchant account. It usually takes 5-7 working days for the refund to appear in the customer’s bank account.

A. Yes, POS terminals usually provide email for every successful transaction processed. Also, you can get order email alerts to ensure that you don’t miss out on any transaction detail.

A. Don’t take the selection process lightly, else you will end up investing in POS machines which fail to maximize your investment. Here’s five things to consider before buying POS machines for your store. POS machine price would be on your mind for sure, but there are other important factors to consider. While asking for the POS machine price, also raise these questions.

A. Higher the processing speed and power, the lesser will be the time taken in completing each POS transaction. If the traffic at your store is higher, go for a POS terminal with CPU of 2.0GHz processing speed. If there is medium or low traffic at your store, you can opt for the CPU with average processing speed.

A. Depending upon the types of payment accepted at your store, you need to select the POS terminal. If you accept payments via debit/ credit cards, look for an EMV-compliant POS terminal which complies with the Europay/MasterCard/Visa (EMV) standard. As, you are liable for fraudulent card transactions at your store, so ensure that the POS terminal is compliant with the latest rules. Near-field communications (NFC) technology is also gaining momentum these days, and can be useful for your customers through contactless payments and mobile wallet services.

A. You will need one POS terminal for each station for a transaction. If there is space constraint, you can opt for a POS device with integrated peripherals like printer.

A. Depending upon the hours of usage and environmental conditions, you need to opt for POS equipment accordingly. Your POS terminal and its peripherals should be able to withstand the operational setup at your store to help you maximize your return on investment.

A. If you plan to expand your store operations in the near future, you need a POS machine that grows with the business. Opt for a POS machine which is scalable in terms of its different components and capabilities. It’s important that the machine fulfils your expanding business needs.

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