Personal payments = the overall Facecash product - think PayPal, though I'm sure they would rather you didn't.
Cash register = something to use to run a check-out, including a list of products you sell, an easy way to add them to a list, an easy way to total the bill and present an invoice. Taking the payment is generally regarded as a separate part of the system.
POS = Point of Sale - from your basic cash register all the way up to networked specialty cash registers for supermarkets. They also require a back office, including an inventory system, a purchasing system and a proper accounting system.
EFTPOS = Electronic Funds Transfer at Point Of Sale. It's the term used in Australia and NZ for the system used to accept credit and debit card payments at pretty much everywhere you shop. Usually the EFT system is a separate product attached to the POS system.
The entire ecosystem is begging for SAAS. The interfaces (e.g. to bar code scanners, credit card terminals) are pretty standard, the current products are old, expensive and have terrible UIs, and the ability of SAAS to adapt to customers is killer.
The best part is that SAAS POS systems can link into payment providers, accounting providers (Vendhq links to http://Xero.com/, ordering and inventory systems and so forth.
Cash register = something to use to run a check-out, including a list of products you sell, an easy way to add them to a list, an easy way to total the bill and present an invoice. Taking the payment is generally regarded as a separate part of the system.
POS = Point of Sale - from your basic cash register all the way up to networked specialty cash registers for supermarkets. They also require a back office, including an inventory system, a purchasing system and a proper accounting system.
EFTPOS = Electronic Funds Transfer at Point Of Sale. It's the term used in Australia and NZ for the system used to accept credit and debit card payments at pretty much everywhere you shop. Usually the EFT system is a separate product attached to the POS system.
The entire ecosystem is begging for SAAS. The interfaces (e.g. to bar code scanners, credit card terminals) are pretty standard, the current products are old, expensive and have terrible UIs, and the ability of SAAS to adapt to customers is killer.
The best part is that SAAS POS systems can link into payment providers, accounting providers (Vendhq links to http://Xero.com/, ordering and inventory systems and so forth.