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Computers in the retail industry
Understand the role and functions of computers in the retail sector, including the features and applications of point of sale (POS) systems and electronic funds transfer at point of sale (EFTPOS) systems. This includes automatic stock file updates and reordering processes for POS systems, as well as the validation of payment cards, chip and PIN technology, contactless payments, Near Field Communication (NFC) transactions, and the interaction between retail and banking systems. Additionally, recognize the characteristics, benefits, and drawbacks of online shopping.
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Computers in the retail industry outcomes1 objectives
- Understand the role and functions of computers in the retail sector, including the features and applications of point of sale (POS) systems and electronic funds transfer at point of sale (EFTPOS) systems. This includes automatic stock file updates and reordering processes for POS systems, as well as the validation of payment cards, chip and PIN technology, contactless payments, Near Field Communication (NFC) transactions, and the interaction between retail and banking systems. Additionally, recognize the characteristics, benefits, and drawbacks of online shopping.
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