Everything you need to know about POS hardware so you can find the right products for your business.

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You're probably already familiar with POS hardware, even if you don’t realize it. The cash register at your local convenience store is POS hardware, as is the iPad-mounted mobile card reader at your favorite restaurant.

When it comes to purchasing POS hardware, most businesses will need a POS terminal, credit card reader and maybe a cash drawer, a barcode scanner and a receipt printer — all of which can add up to a significant business investment. And because so many options are available, it's often challenging for small-business owners to figure out which products are truly a good value. Here's what you need to know to make the best choice for your business.

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Products

The POS hardware products you will need depend on the nature of your business. While not every business requires all these hardware options, most businesses will need at least some of these products:

• Credit card reader

• POS terminal

• Cash drawer

• Receipt printers

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