Point-of-sale (POS) technology processes transactions and manages operations for physical retail stores, restaurants, and service businesses. Modern cloud POS systems go far beyond payment processing to include inventory management, employee scheduling, customer loyalty, analytics, and the omnichannel integration that connects in-store and online operations. Toast's $33 billion market cap (at peak) and Block's (Square) $45+ billion market cap demonstrate the enormous value created in POS technology. The sector is mature but continues to evolve as AI, contactless payment, and unified commerce create new feature demands.

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