mPOS

Business & Finance abbreviation · E-commerce & Retail

mPOS
Stands forMobile point of sale
CategoriesBusiness & Finance

mPOS stands for Mobile point of sale, an e-commerce & retail abbreviation.

Smartphone or tablet used as a point-of-sale terminal, usually with a small card reader or built-in tap-to-pay, letting market traders, tradespeople and store staff take payments anywhere.

Example: The food truck takes cards with an mPOS reader plugged into an iPad.

Usage notes

Square popularized mPOS with its small card reader for phones, launched in 2010; tap-to-pay on smartphones now often removes the need for a separate reader.

More e-commerce & retail abbreviations

  • LFL – Like-for-like sales
  • LP – Loss prevention
  • MAP – Minimum advertised price
  • MDR – Merchant discount rate
  • MOQ – Minimum order quantity
  • MoR – Merchant of record
  • MRP – Maximum retail price
  • NIB – New in box
  • NRFB – Never removed from box
  • NWOT – New without tags
  • NWT – New with tags
  • OBO – Or best offer

See all 75 e-commerce & retail abbreviations →

Edited by the AbbreviationList.com team. Spotted an error or a missing meaning? Contact us.