The correct answer is All of these.A point-of-sale (POS) terminal is a hardware system for processing card payments at retail locations. Software to read magnetic strips of credit and debit cards is embedded in the hardware Additional InformationWhen a credit card or debit card is used to pay for something, a conventional point-of-sale (POS) terminal first reads the magnetic strip to check for sufficient funds to transfer to the merchant, then makes the transfer.The sale transaction is recorded and a receipt is printed or sent to the buyer via email or text. Merchants can either buy or lease a POS terminal, depending on how they prefer to manage cash flows.